logoBC
Yaoundé - 09 July 2020 -
Mining

Pricing environment unfavorable, this year, for metals exported by CEMAC countries (BEAC)

Pricing environment unfavorable, this year, for metals exported by CEMAC countries (BEAC)
  • Comments   -   Tuesday, 29 October 2019 13:46

(Business in Cameroon) - This year, the pricing environment has not been favorable for metals exported by the six CEMAC countries (Cameroon, Gabon, Congo, Equatorial Guinea, Chad and the Central African Republic) the Bank of Central African States (BEAC) announces.

Indeed, in a report on the evolution of the price index of products exported by CEMAC countries in H1, 2019, the institution indicates that the average metal price should be 2% lower this year than it was in 2018.

Among the factors influencing this change are, the Central Bank points out, "supply tensions, particularly for copper and zinc; disruptions in iron ore production following the collapse of a dam in Brazil; and fiscal stimulus in China."

BRM

cameroon-plantain-chips-producer-delors-leuwing-n-wins-3rd-edition-of-pierre-castel-prize
Delors Leuwing Ngounouo (photo) is the winner of the 3rd edition of Pierre Castel Prize in Cameroon, thanks to his company Mboa Snackery Sarl, which...
investisseurs-et-partenaires-i-p-announces-interest-free-loan-programme-to-support-smes-in-cameroon
Investisseurs et Partenaires (I&P), an investment fund dedicated to SMEs based in Africa -chaired by Jean-Michel Severino (photo)- and Somtou Cameroun...
cameroonian-start-up-ease-travel-launches-a-cfaf150-mln-fundraising-to-develop-operations
Since June 15, 2020, the Cameroonian start-up Ease Travel Services, with Franck Dakayi (photo) as co-founder, has been in the fundraising market to raise...
hevecam-lays-off-1-037-employees
As announced on June 26th, Hevea Cameroun (Hevecam), a subsidiary of the British group Corrie MacColl specialized in rubber production, laid off part of...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »