SpaceX set to cut off Starlink access in Cameroon by end of April
Elon Musk’s SpaceX announced it will suspend Starlink in countries where the service is not yet authorized by the end of this month. Tech entrepreneur...
Cameroon Signs Decade-Long Deal for E-Visa Upgrade with Ivorian Company
Yellow Fever: ONSP Deems Outbreak Risk ‘Moderate’ in Cameroon
Yaounde Bans Municipal Police Road Checks After Deadly Clash with Mototaxi Driver
Cameroon Investment Forum 2024 focuses on import-substitution policies and private sector concerns
The fourth edition of the Cameroon Investment Forum (CIF), organized by the Investment Promotion Agency (API), kicked off on April 17 in Douala, the...
Market Cap: Bvmac still below targets despite near 37% surge in 2023
The most recent Monetary Policy Report from the Central Bank of Central African States (BEAC), released in March 2024, indicates a substantial surge in...
Yaoundé municipality cracks down on unauthorized ads, demands fees
The Urban Community of Yaoundé (CUY) has been demanding nearly CFA4 billion since 2020 from businesses, including SMEs and multinationals, for the use of...
Nigerian travel platform Wakanow.com expands operations to Cameroon
Nigerian travel service Wakanow.com announced on Wednesday its launch in Cameroon. "Our entry into Cameroon is more than just business expansion; it...
AfDB funds internships for Cameroonian youth in local projects
Over the past few years, the African Development Bank (AfDB) has facilitated 12-month internships for 284 young Cameroonians on various projects in...
Cameroon initiates public-private waste management company to tackle pollution
Cameroon's Minister of the Environment, Hélé Pierre, chaired a meeting on April 15 on the establishment of a mixed-capital enterprise dedicated to waste...
Cameroon needs $371mln to provide humanitarian aid to 2.3mln people in 2024
The Cameroonian government is in need of $371.4 million to provide emergency humanitarian assistance to 2.3 million vulnerable people in 2024. This...
Cameroon plans CFA2bn in cocoa quality bonuses for 2020-2022 seasons
During a press conference held in Yaoundé on April 16, 2024, Cameroon's Minister of Commerce announced that the government plans to distribute a total of...
Cameroon launches cocoa quality bonus program for farmers amid market fluctuations
Cameroon has initiated the registration process for cocoa producers eligible for a quality bonus, starting from April 16. The information made public by...
Cameroon: Zuidaf/Fredex risks contract cancellation over delays in road project
Zuidaf sarl/Fredex group is on the verge of losing a CFA4.5 billion contract due to significant delays and failures in paving a 14 km stretch from Edéa...
Camair Co launches new route to Cotonou, targets Pointe-Noire and Abidjan
Starting May 15, 2024, Cameroon's national airline, Camair Co, will begin serving Cotonou four times a week (Monday, Wednesday, Friday, and Saturday),...
Douala partners with MTN Cameroon to modernize payment and transportation systems
The Mayor of Douala, Roger Mbassa Ndine, Mitwa Ng'ambi, CEO of MTN Cameroon, and Alain Nono, General Manager of Mobile Money Corporation (MMC), signed a...
Douala to host international conference on geographical indications in Africa
The African Intellectual Property Organization (OAPI) and its partners will hold an international symposium on the development of geographical indications...
Yaoundé unveils pilot corridor for rapid bus project to tackle urban congestion
The pilot corridor of the Yaoundé Rapid Bus Transit (BRT) project will connect Olembe at the northern entrance of the capital to Ahala in the southern...
Cameroon secures major AfDB funding for development projects in Far North region
On April 12, during the official inauguration of its Central Africa regional office in Yaoundé, the African Development Bank (AfDB) signed a CFA133...
Cameroonian beer and soft drinks exports soar by 73% and 46.6% in 2022
Cameroon's brewing companies saw a significant boost in their beer exports in 2022. According to data from the National Statistics Agency (INS), exports...
Cameroon’s brewing industry calls for govt intervention amid escalating costs
During the March 21 inauguration ceremony for the extension of the Yaoundé factory, the CEO of Société Anonyme des Boissons du Cameroun (SABC) addressed...
Air Peace expands service with new route from Abuja to Yaoundé
Nigerian airline Air Peace has expanded its operations in Cameroon with the opening of a new flight route from Abuja, Nigeria's capital, to Yaoundé, the...
Cameroon cuts rice prices following import deal with India
The Cameroonian Ministry of Commerce announced yesterday a significant reduction in rice prices effective Friday. This price adjustment follows the...
Cameroon exported 657.3 tons of palm oil in 2022, despite production shortfall
Cameroon, grappling with a chronic shortage of palm oil production, exported 657.3 tons of the commodity in 2022. This export generated about 713.6...
Cameroon's trade deficit worsens over six years, despite import substitution efforts
Cameroon’s trade deficit has significantly worsened from 2017 to 2022, totaling a loss of CFA256 billion over the six-year period, according to the...
SCDP to increase domestic gas storage by 25%, aiming to curtail supply shortages
Yesterday, the CEO of the Cameroonian Oil Depot Corporation (SCDP), Véronique Manzoua Moampea Mbio, initiated the first welding of a new 1,000 metric-ton...
Fire at Sodecoton's Maroua facility destroys 1,500 tons of cotton
On the afternoon of April 9, a devastating fire broke out at the Sodecoton factory in Maroua, located in Cameroon's Far North region. The incident led to...
Beac's latest bond issuance fails as Cemac banks hold back amid liquidity concerns
Commercial banks within the CEMAC zone abstained from participating in the bond issuance by the Bank of Central African States (BEAC) on April 8. This...
CAR seeks $200mln in domestic market with eye on Cameroonian investors
The Central African Republic is planning to raise CFA200 billion on the domestic market this year: $100 million in treasury bonds and the rest in...
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Business in Cameroon n110: April 2022
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