logoBC
Yaoundé - 28 October 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-public-investments-rose-11-4-while-private-investments-stalled-7-4-in-2019-ins
In 2019, private investments were less dynamic than public investments, according to the 2019 national accounts recently published by the national...
camix-announces-the-launch-of-internet-exchange-points-in-yaounde-and-douala
On October 27, 2020, in Yaoundé, the executive committee of "Cameroon Internet Exchange Point" (CAMIX) and Minette Libom Li Likeng (Cameroon’s Minister of...
cameroon-congo-preliminary-studies-on-600mw-chollet-dam-announced-for-q1-2021
The preliminary studies for the construction of the Chollet hydroelectricity dam are scheduled for Q1-2021. This is part of the information obtained from...
orange-cameroon-estimates-its-national-3g-coverage-at-79
Orange Cameroon indicates that it recently increased its national 3G coverage rate by 11% in Cameroon by connecting 185 new localities to its network this...

Mags frontpage


Business in Cameroon n92: October 2020

Crowfunding A solution for young entrepreneurs


Serge Esso, rising lobbyist


Investir au Cameroun n102 Octobre 2020

Financement participatif Une solution pour les jeunes entrepreneurs


Serge Esso, le lobbyiste qui monte