Gecam: Célestin Tawamba's landslide victory raises questions with only 295 voters
The election of Célestin Tawamba as the head of the Cameroon Employers' Association (Gecam) is hailed as a resounding success, according to a statement...
Highway Robbery, Cattle Theft Plummet : General Zal Touts Adano's Progress
Accountability: Gendarmerie Addressed Most of 2,266 Abuse Complaints Lodged in 2023 (Officials)
UNICEF Honors Sultan-King Nabil Mbombo Njoya as a Champion for Children
AfDB halts funding for Ntui-Ndjole road construction over China Railway failures
The African Development Bank (AfDB) has put a halt on its funding for the construction of the Ntui-Ndjole road, a 60-kilometer stretch along National Road...
Beac sets two-week deadline to withdraw CFA150bn from banks in inflation battle
The Central Bank of Central African States (Beac) kicked off its 4th round of bond issuance on April 29, aiming to tighten bank liquidity. Through three...
Cameroun sees modest rise in electricity access, rural disparity remains
Access to electricity in Cameroon showed a modest increase from 58.4% in 2014 to 60.2% in 2021, according to findings from the 5th Cameroonian Household...
Cameroon pays CFA34.7bn in interest to Eximbank China in Q1 2024
Cameroon settled debts totaling CFA148.2 billion ($267 million) to the Chinese Eximbank in the first three months of 2024, as reported by the National...
BDEAC extends deadline, secures over CFA54bn despite tightening market conditions
The Central African Development Bank (BDEAC) successfully concluded its 2024 multi-tranche bond issue, raising a total of CFA54.7 billion, according to an...
UBA opens $29mln credit line for SMEs in Cameroon
Nigerian banking group United Bank for Africa (UBA) has unveiled a CFA16 billion credit line to support small and medium-sized enterprises (SMEs) in...
Central African Monetary Authority to Phase Out 1992 Banknotes by June 2024
Starting June 1, 2024, banknotes from the 1992 series will no longer be exchangeable at the counters of the Central Bank of Central African States (Beac)....
Central African Stock Exchange proposes reforms to enhance financial inclusion
The Central African Securities Exchange (Bvmac) presented a new set of general rules to the Financial Market Surveillance Commission (Cosumaf), the...
Mobile Money usage surges in Cameroon, outpacing traditional banking
The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...
AfDB reports CFA3tn in financing for Cameroon over 60 years
The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
Cameroon spends nearly CFA71bn on public debt interest in Q1 2024
In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
Cameroon's domestic debt rose by CFA169bn in Q1 2024, driven by public securities
Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...
Infrastructure projects receive over 56% of AfDB funding in Cameroon
The African Development Bank (AfDB) reports that 56.5% of its portfolio in Cameroon is dedicated to financing transportation infrastructure. Among the...
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 Yaoundé
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...
Cameroon's aviation safety improves, yet falls short of international targets
Transport Minister Jean Ernest Masséna Ngalle Bibehe issued a statement on April 22 detailing the results of a safety audit conducted by the International...
Port Authority of Kribi eyes CFA1,312bn on Cemac capital market
The Port Authority of Kribi (PAK) plans to raise up to CFA1,312 billion (about €2 billion) over the next decade to fuel its development strategy. The...
Cameroon's red cocoa nears labeling as OAPI awaits coloration analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
Cameroon poultry expo revives focus on industry transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
Beac's bond auction meets success in inflation combat efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
Cameroun delays bond sale amid regional market strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...
Yaoundé clean water project reaches completion, but challenges remain
Construction of the infrastructure to supply Yaoundé with drinking water, drawn from the Sanaga River in the Centre region, has finally been completed...
Cameroon, FAO sign $2.7mln deal to support smallholder farmers
Cameroon and the Food and Agriculture Organization (FAO) signed a framework agreement worth over CFA1.617 billion (about $2,731,076) to support...
Cameroon govt cracks down on rice merchants defying price regulations
The Ministry of Commerce has been on the hunt for merchants found guilty of not adhering to the new approved prices for rice. Official sources report that...
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