logoBC
Yaoundé - 08 December 2019 -
Economy

Cameroon seeks Qatar’s expertise to save Camair-Co

Cameroon seeks Qatar’s expertise to save Camair-Co
  • Comments   -   Tuesday, 01 October 2019 14:11

(Business in Cameroon) - Last Wednesday, on the sidelines of the 40th general assembly of the International Civil Aviation Organization (ICAO) in Canada, Cameroon’s minister of transportation Jean Ernest Massena Ngalle Bibehe was received by his Qatari peer.

Discussions between the two officials mainly focused on the revitalization of state-owned carrier Camair-Co. In that regard, points like densification of the [carrier’s] fleet, the flight and technical crews’ training, the launch of a maintenance facility, technical support and the opening of the carrier’s capital were discussed,” the Cameroonian civil aviation authority CCAA indicates.

The CCAA revealed that at the end of the meeting, the Qatari minister of transportation indicated that the emir of Qatar was ready to support major projects in Cameroon. “In the next few days,” a Qatari delegation should be in Cameroon to assess Camair-Co’s needs in order to boost cooperation between the two countries.

Camair-Co has been in financial difficulty since the launch of its operations in 2011. In 2016, Boeing Consulting elaborated a recovery plan for the cash-strapped carrier. This plan envisaged the payment of XAF35 billion debt, modernization, an increase of the fleet to twelve aircraft and resizing the network to 23 destinations. However, there were difficulties in the implementation of this plan.

Sylvain Andzongo

cameroon-new-issuance-of-fungible-treasury-bills-on-beac-market
On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
cameroon-35-of-gas-stations-are-located-in-rural-areas-ministry-of-energy
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
cameroon-increased-daily-drinking-water-production-by-96-376-m3-between-2018-and-2019
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
cameroon-safacam-plans-to-invest-xaf3-5-bln-to-extend-its-oil-palm-and-hevea-plantations-in-dizangue
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés