Yaoundé - 24 October 2021 -

Cameroon budgets XAF13 billion for the organization of AFCON 2021

Cameroon budgets XAF13 billion for the organization of AFCON 2021
  • Comments   -   Wednesday, 06 October 2021 13:16

(Business in Cameroon) - Cameroon is budgeting XAF13 billion for the organization of the TotalEnergies AFCON 2021. The budget was revealed in a letter dated September 17, 2021, sent by Minister of State Ferdinand Ngoh Ngoh to Prime Minister Joseph Dion Ngute to report the President of the Republic’s approval of the set budget. 

According to authorized sources, the approved budget is 50% below the XAF26 billion requested by Minister of Sports Narcisse Mouelle Kombi to organize the sporting event. Also, the XAF13 billion will not be managed by the Ministry of Sports solely. Instead, 14 ministries and public institutions (like the General Delegation for National Security) will take part in the management of that budget.  

Initially planned to be held in Cameroon in 2019, that year’s edition of the AFCON was organized in Egypt due to delays in the construction of infrastructures that would host the competition in Cameroon. The following edition was supposed to be held in Cameroon in 2020. However, the CAF first postponed it to January 2021 and then to January 2022. The competition will finally be held from January 9 to February 6, 2022, in Yaoundé, Limbé, Bafoussam, Douala, and Garoua.


On October 20, 2021, Minister of Livestock, Dr. Taiga officially inaugurated the integrated pork production and marketing center built by Westend Farms,...
After a challenging environment in 2020, due to the coronavirus pandemic, the recovery observed in Cameroon's economic landscape since the beginning of...
In January 2022, the export prices of local banana producer Plantations du Haut Penja (PHP) will increase. This price increase is the result of a decision...
 In January 2022, Cameroon will begin to experiment with a new accounting reform called accruals-based accounting and budgeting in the framework of...

Mags frontpage

Business in Cameroon n104: October 2021

Dossier Where does Cameroon stand in international trade?

Henri-Claude Oyima : “BGFIBank Cameroon is truly one of our success stories.”

Investir au Cameroun n114: Octobre 2021

Dossier La place du Cameroun dans le commerce international

Henri-Claude Oyima : «BGFIBank Cameroun est vraiment l’une de nos success-stories.»