Savannah case: N'Djamena's Ambassador returns to Yaoundé, crisis officially over
Chad's ambassador to Cameroon, Djidda Moussa Outhman (pictured), returns to Yaoundé today after he left his position on April 20 due to “a dispute over...
USA donates over 11,000 tons of rice to food-insecure people in Cameroon
Cameroon's trade balance improves in 2022: Exports rise, imports fall
Cameroon, NGO Care join forces to further empower women
Port of Kribi's multipurpose terminal soars with clinker imports in 2022
Import traffic was very dynamic at the Kribi port’s multipurpose terminal in 2022, reports from the Port Authority PAK showed. According to available...
Cameroon: Govt plans to sell 47 seed farms to the private sector
The Cameroonian Ministry of Agriculture and Rural Development (Minader) has just launched a call for expressions of interest to recruit private partners...
Malian Cheick Kanté appointed World Bank Director of Operations for Cameroon
Malian Cheick Fantamady Kanté is the World Bank's new Director of Operations for Cameroon. The newly appointed manager was officially presented to the...
Cameroonian Jacques Edjangue confirmed as AfDB Vice President
Cameroonian Jacques Edjangue has been confirmed Thursday as the Vice President for People and Talent Management of the African Development Bank (AfDB)...
Cameroon pays back CFA63.4bn on Beac securities market, seeks additional CFA20bn
Cameroon made last June 5 the issuance of 7-year fungible Treasury bonds (OTAs) on the Beac public securities market aiming at raising CFA20 billion, the...
SABC furthers its eco-friendly approach
Cameroonian brewer SABC announced plans to reinforce its eco-friendly approach. Last June 5, on the sidelines of World Environment Day, the company...
Cameroon: Investment growth reaches 3.4% in 2022, driven by the private sector
Investment in Cameroon grew by 3.4% last year, the National Statistics Institute (INS) revealed in a recent document. This performance, INS said, reflects...
Contract Awards Surge in Cameroon's Public Investment, but Execution Rates Fall Behind
The Public Investment Budget (BIP) in Cameroon was executed at 74.56% in 2021, according to the National Committee for Monitoring the Physical and...
CCA Bank is about to secure a CFA3bn IFC expansion loan
Cameroonian credit institution CCA-Bank announced it has entered negotiations with the International Finance Corporation to obtain $5 million (about...
The Port of Douala posts net profit of CFA16bn in 2022
The port of Douala ended FY2022 with a net profit of CFA16 billion, the Port Authority revealed. Total assets and liabilities reached CFA410 billion, with...
Coffee-cocoa: Yaoundé hosts workshop on climate change adaptation
An international scientific conference is being held in Yaoundé on the practical approach to adapting cocoa and coffee cultivation to climate change. The...
Cameroon: Banana exports hit lowest point in May, since January 2023
Cameroonian banana exporters shipped 12,558 tons of fruits in May 2023, according to data provided by the sector group Assobacam. This is the worst level...
Cameron's trade balance improved in 2022 despite a deficit
Cameroon’s trade balance has improved considerably in 2022, reaching 2.3% of GDP, the national stats agency INS found. And although it remained in...
Cameroon: Govt to transfer CFA165bn+ into a Single Treasury Account from local banks
The Cameroonian government plans to transfer CFA165.6 billion from local commercial banks’ accounts to the Single Treasury Account (STA) by the end of...
Cargo traffic at Port of Douala dropped 2.1%YoY in 2022
The volume of goods handled at the Port of Douala dropped 2.1% year-on-year to 12.4 million tons in 2022, a document from the Port Authority (PAD)...
United Express launches the first Cameroon-Congo road passenger service
Road transport company United Express launched Monday the first direct route between Cameroon and Congo. Until now, the company only operated...
Paul Biya adjusts the state budget to cover debt and support the population
Cameroon’s President signed a decree last June 2 to modify the 2023 Finance Act. Per this amendment, the state budget has been raised from...
New twist in pipeline affair: Chad rejects Cotco's newly appointed CEO
Nicolas de Blanpré, the former head of the Chadian subsidiary of British Savannah Energy was appointed MD of the Cameroon Oil Transportation Company...
Soaring prices slow final consumption in Q4 2022 (INS)
Final consumption in Cameroon dropped sharply in the fourth quarter of 2022. According to the National Stats Agency (INS), which reported the information,...
Germany pledges CFA39bn to support development in Cameroon
Germany agreed to provide a grant of €60 million, or about CFA39.3 billion to support development projects in Cameroon between 2023 and 2024....
BGFIBank Cameroun seeks service provider to furnish its future headquarters in Douala
The Cameroonian branch of Gabonese BGFIBank issued a call for bids to equip its future headquarters in Douala. According to the related document, made...
Lower coffee and cotton production slowed the primary sector in Q4-2022 (INS)
There was a slowdown in the Cameroonian primary sector in the fourth quarter of 2022, according to the National Accounts published by the National...
2023 Bond issue: Cameroon finally reaches draft agreement with arrangers
The final draft of the agreement binding Cameroon and the five arrangers of its seventh bond issue on the regional financial market (BVMAC) was submitted...
Govt mulls over addressing high SME bankruptcy rate
The Cameroonian government is considering solutions to tackle the alarming bankruptcy rate among SMEs in the country. While presenting the 2022 yearly...
Feicom’s support to decentralized local authorities fell 37% YoY in 2022
The Special Fund for Equipment and Inter-municipal Intervention (Feicom) approved a total of CFA30.6 billion in loans and grants to Cameroonian...
APM SA seeks $6.5bn expansion fund from IFC
The Cameroonian marine services company APM SA is seeking a loan of €10 million (about CFA6.5 billion) from the International Finance Corporation...
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