logoBC
Yaoundé - 26 April 2024 -
Mining

Cameroon: 1,028 carats of diamond seized at Douala airport in Jan-Oct 2020

Cameroon: 1,028 carats of diamond seized at Douala airport in Jan-Oct 2020
  • Comments   -   Tuesday, 17 November 2020 15:34

(Business in Cameroon) - Diamonds (1,028 carats) were seized at the International Airport of Douala this year. This was revealed during the November 11, 2020, budgetary session organized by the National Permanent Secretary of the Kimberly Process, in Yaoundé, to report its activities over the January-October 2020 period.

These precious stones, which were to be sold through informal channels, were immediately sealed and will soon be sold according to the usual regulatory procedures, we learn.

Let’s note that the stock seized complements the 2,438 carats produced in the country from January to October 2020. The Kimberly Process is an international control and tracing mechanism initiated to prevent these precious stones from being used as a means of financing the activities of warlords worldwide.

BRM

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-yaounde
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...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »