E. Guinean Bange Bank to get listed on the Bvmac, first bank to join
Guinean Bange Bank is preparing its listing on the regional stock exchange Bvmac. Louis Banga, MD of the stock market, met on August 9 in this regard with...
Cameroon: Temperature variations could reduce crop yield, Onacc warns
Cameroon: CHRC sets a toll-free number to denounce human rights abuses
Paul Biya says he will let the population know when he decides to leave power
Euro-Dollar fluctuation raised Cameroon’s debt by CFA420bn in one year
Recent fluctuations between the euro and the U.S. dollar have increased Cameroon's debt by CFA420 billion (+11.2%) between June 2021 and June 2022. Data...
Cameroon: Beac forecasts brewing profit to fall in Q3 2022
The Bank of Central African States Beac forecasts the brewing industry in Cameroon to experience a sharp decline in Q3 2022. In its bulletin, the...
Cameroon: Fuel subsidies could finally exceed CFA780 billion in 2022
The Cameroonian government announced it will approve CFA780 billion in fuel subsidy to keep pump prices unchanged in this harsh period marked by rising...
Cameroon: govt to organize promotion days for local products, in the coming months
Cameroonian Minister of Trade, Luc Magloire Mbarga Atangana, announced this week the upcoming organization of special days to promote local products. The...
Bvmac plans to increase capital, three years after the Cemac market unification
The Cemac stock exchange, Bvmac, announced plans to increase its share capital currently at CFA6.8 billion. This decision comes three years after the...
Bad weather to weigh on wood production in Cameroon
The Bank of Central African States, in its CEMAC business cycle bulletin, forecasts logging activities to decline during the third quarter of this year in...
Cameroon to launch online phytosanitary certificates for Import-Export goods
The Cameroonian government announced this week the upcoming launch of “ePhyto”, an online platform for the issuance of phytosanitary certificates for...
France seeks to win back influence in Cameroon
While visiting Cameroon yesterday July 26, the French President, Emmanuel Macron, expressed his ambition to win back influence in the country. He...
Electricity: Yaoundé Super Mayor to invest CFA4bn in solar street lighting
The Super Mayor of Yaoundé, Luc Messi Atangana, proceeded on July 21 to the reception of 98 solar street lamps installed in the 3rd district of the...
Cameroon: IMF approves new disbursement of CFA46.8bn, despite mixed performances
The International Monetary Fund (IMF) announced Monday it has concluded the 2nd review of the agreements with Cameroon, under the Extended Credit Facility...
Emmanuel Macron in Cameroon to discuss critical issues with authorities
French President Emmanuel Macron began a mini-African tour yesterday July 25, starting in Cameroon. According to an official agenda, the French...
African Fund Fagace supports members of Cameroon’s Chamber of Agriculture
The Cameroon Chamber of Agriculture, Fisheries, Livestock and Forestry (Capef) reached a partnership with the African Guarantee and Economic Cooperation...
Cameroon: Banana exports grew by 15.7% YoY in H1 2022
Banana exports in Cameroon peaked at 110,091 tons in the first half of this year, compared to 95,150 tons in the same period last year. This makes an...
Beac to oversee CAR's cryptocurrency project
The Bank of Central African States (Beac) will oversee the cryptocurrency adoption project ongoing in the Central African Republic. The decision was taken...
New Castel investment bodes well for sorghum producers in Cameroon
Right after it had finalized the acquisition of Guinness Cameroon from Diageo, the French group Castel embarked on the deployment of its expansion...
Cameroon: govt makes a list of local products to be prioritized under the import-substitution policy
The Cameroonian government is currently making a list of local products to be prioritized in public procurement as part of its import-substitution...
Cameroon: Rise in US Dollar inflates external debt service for July by CFA3bn
The rise in the US dollar will make Cameroon pay an extra CFA3 billion in external debt service for July 2022. The Minister of Finance’s Treasury...
Pierre Emmanuel Nkoa Ayissi has been appointed as the new Beac Director in Cameroon
Pierre Emmanuel Nkoa Ayissi becomes the new Beac Director in Cameroon. He was appointed yesterday following a meeting of the institution’s Board of...
Yophi Sarl eyes the European market with made-in-Cameroon products
Cameroonian startup Yophi Sarl, known for its flagship product, Adina (delicate in Hebrew) toilet soap, has unveiled plans to enter the European...
Cameroon: govt to increase debt level to 50% of GDP by 2025
The Cameroonian government plans to bring its debt level to 50% of GDP by 2025, compared to 45.1% at the end of May 2022. Until 2025, the debt level is...
AfDB supports crop production in Cameroon
The African Development Bank (AfDB) has made CFA42 billion available to Cameroon to support the country’s crop and grain production. The money will be...
Cicam suspends operations at Garoua plant over fuel shortage, 2nd time in a month
The Garoua-based factory of Cotonnière industrielle du Cameroun (Cicam) has shut down since last July 7. For the second time in a month, Cicam is...
Cameroon strives to control staff salaries in 2025, after 10 years of mass hiring
The Cameroonian government plans to achieve a wage sustainability ratio of 33.8% in 2025, after 36.2% in 2024, 37.2% in 2023, and 36.3% in 2022. If this...
Cameroon to build rice and onion processing units under an IFAD-backed project
The Cameroonian government is preparing the installation of rice and onion processing units in four regions across the country. The initiative aligns with...
Cameroon: govt plans to collect CFA1,047bn in tax revenues in H2 2022
The Cameroon General Directorate of Taxes (DGI) plans to collect a total of CFA1,047 billion in non-oil tax revenues in the second half of 2022. For...
Cameroon’s corporate debt is worrying, but still offers opportunities
The National Stats Institution (INS) recently issued a report on the financial and economic situation of the corporate world in Cameroon in 2021. The...
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