AfDB reports CFA3tn in financing for Cameroon over 60 years
The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
AIDS: Authorities Aim to Boost Screening Rates by Tackling Social Barriers
Cameroon Ups Packaging Game for Local Products to Enhance Competitiveness
Douala Governor Cracks Down on Wandering Cattle After Motorcycle Taxi Driver's Death
Mobile Money usage surges in Cameroon, outpacing traditional banking
The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...
Cameroon spends nearly CFA71bn on public debt interest in Q1 2024
In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
Cameroon's domestic debt rose by CFA169bn in Q1 2024, driven by public securities
Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...
Infrastructure projects receive over 56% of AfDB funding in Cameroon
The African Development Bank (AfDB) reports that 56.5% of its portfolio in Cameroon is dedicated to financing transportation infrastructure. Among the...
Amine Homman Ludiye: "Eneo doesn't have a shortage of skills problem, it has a cash problem..."
In less than ten months at the helm of Energy of Cameroon (Eneo), the Moroccan polytechnician has faced a number of crises against a backdrop of serious...
10 Million Cameroonians lived on less than $1.80 per day in 2022 (survey)
The 5th Cameroonian Household Survey (ECam5), published by the National Institute of Statistics (INS) on April 24, revealed that nearly two in five...
Noutchogouin Group inaugurates CFA5bn animal feed production plant in Yaoundé
Minister of Livestock, Fisheries, and Animal Industries (Minepia), Dr. Taïga, inaugurated a new modern and automated animal feed production plant in...
Cameron suspends vessel registrations amid 'ghost ship' concerns, aims for digitization
Cameroonian Transport Minister Jean Ernest Massena Ngalle Bibehe issued a statement on April 22 announcing the suspension of registrations for vessels...
Cameroon's aviation safety improves, yet falls short of international targets
Transport Minister Jean Ernest Masséna Ngalle Bibehe issued a statement on April 22 detailing the results of a safety audit conducted by the International...
Port Authority of Kribi eyes CFA1,312bn on Cemac capital market
The Port Authority of Kribi (PAK) plans to raise up to CFA1,312 billion (about €2 billion) over the next decade to fuel its development strategy. The...
Cameroon's red cocoa nears labeling as OAPI awaits coloration analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
Cameroon poultry expo revives focus on industry transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
Beac's bond auction meets success in inflation combat efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
Cameroun delays bond sale amid regional market strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...
Yaoundé clean water project reaches completion, but challenges remain
Construction of the infrastructure to supply Yaoundé with drinking water, drawn from the Sanaga River in the Centre region, has finally been completed...
Cameroon, FAO sign $2.7mln deal to support smallholder farmers
Cameroon and the Food and Agriculture Organization (FAO) signed a framework agreement worth over CFA1.617 billion (about $2,731,076) to support...
Cameroon govt cracks down on rice merchants defying price regulations
The Ministry of Commerce has been on the hunt for merchants found guilty of not adhering to the new approved prices for rice. Official sources report that...
Camtel seeks legal advocates nationwide to safeguard corporate interests
Cameroon’s incumbent operator Camtel issued a call for applications on April 19 to recruit six lawyers and six law firms across the nation's ten regions...
Mayor of Bafoussam I explores Islamic Finance for local projects
Cyrille Ngnang, mayor of Bafoussam 1 in the West region, took part in the "Community Days of Islamic Finance-Cemac," held in Yaoundé from April 22 to 26....
Cameroon plans debut debt buyback on BEAC securities market
Cameroon's Treasury is planning a debt buyback operation on the public securities market of the Central African States Bank (BEAC) in May. Sources within...
Cameroon Investment Forum wraps up with honors for investment champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...
Douala Municipality takes legal action against banks over loan guarantee for market project
Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...
BEAC to introduce new coin range to tackle persistent shortage
The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...
Cameroon-E. Guinea maritime line sets sail, prices and options revealed
Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...
API signs key agreements to boost investor access to economic zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
Cameroun repays CFA39.8bn debt with new borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
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