Cameroon's Nachtigal Dam to Supply Electricity to Northern Regions and Chad by 2027
The government of Cameroon is planning to connect its southern and northern electrical grids to form a unified network by 2027. As part of this strategy,...
Eyumojock: PM Dion Ngute Pays Tribute to Gendarmes Killed in Separatists-led Ambush
German Embassy in Yaoundé To Audit Electrical System After Visa Service Disruption
Fecafoot Summons Coach Brys for Crucial Meeting After Skipping Session
ADWA Unveils Cameroon's First Interactive Multiservice Kiosks
Cameroonian startup ADWA has rolled out its innovative interactive multiservice kiosks (IMK), set to be a highlight at the 3rd African Congress on Digital...
Cameroonian Airline ZeJet Reports CFA1.2bn Revenue in First Year of Operation
As of December 31, 2023, Fly ZeJet, a private Cameroonian airline, disclosed a revenue of CFA1.2 billion, as per company records. Its operating expenses...
Cameroon's Trade with Africa Remains Marginal Despite AfCFTA Implementation
In 2023, only 12.7% of Cameroon's export earnings (CFA2,988.6 billion) came from African trading partners. According to figures released by the National...
Cameroon Customs Targets 75% of Revenue from Douala and Kribi Ports
The Directorate General of Customs (DGD) within the Ministry of Finance (Minfi) aims to collect over CFA92 billion in revenue for the Treasury in May...
Cameroon's trade gap widens, exceeding CFA2tn in 2023
In 2023, Cameroon's trade balance deficit hit CFA 2,004 billion, marking its highest level since 2015, according to data released on May 8 by the National...
Nachtigal Dam Injects First 60 Megawatts into Cameroonian Power Grid
Cameroon's Minister of Water and Energy, Gaston Eloundou Essomba, presided over the ceremony marking the injection of the first megawatts from the...
Cameron Reveals Plan to Boost Renewable Energy Output by 1,500 MW by 2035
During the Renewable Energy Promotion Forum in Cameroon on May 3, Gaston Eloundou Essomba, the Minister of Water and Energy (Minee), announced the...
BGFIBank Cameroon Partners with Fogajeune to Empower Young Entrepreneurs
BGFIBank Cameroon has entered a strategic alliance with the Youth Entrepreneurs Guarantee Fund (Fogajeune). The subsidiary of the Gabon-based banking...
Local wood processing boosts logging in Cameroon, up 12.2% in Q4 2023
In the last quarter of 2023, the forestry and timber industry emerged as the primary driver of growth in the primary sector in Cameroon. According to the...
Cameroon's economy grows 3.1% in Q4 2023 despite oil sector slowdown
Cameroon’s economy saw a 3.1% growth in the fourth quarter of 2023, according to a report released on May 7 by the National Institute of Statistics (INS)....
Starlink's Cameroon debut sparks business optimism, govt unease
Cameroon's small and medium-sized enterprises (SMEs) and startups are eagerly awaiting the arrival of Starlink, a satellite internet network developed by...
Three Cameroonian firms secure $53mn road maintenance contract
Three Cameroonian companies have won contracts to perform maintenance works on 614 km of roads in several parts of the country. The deals are valued at a...
Douala Municipality estimates road repair costs at CFA180bn
Roger Tchangang Kamnang, Director of Major Works at Douala's Urban Community, the city's municipal authority, has reported that over 30% of Douala's 700...
Cameroon's Industrial Prices Drop 5.4% in 2023 Amid Persistent Inflation Concerns
The Industrial Producer Price Index (IPPI) released by the National Institute of Statistics (INS) on May 7, 2024, indicates a decline in production costs...
EU Initiative Reports 80% Surge in Cameroonian Business Productivity
The EU delegation in Cameroon reported it has supported 300 very small enterprises (VSEs) and SMEs through the Cameroon Competitiveness Support Scheme...
Tile Production Start at Chinese-Owned Keda Factory Pushed to July 2024
The commencement of tile production at the Keda Cameroon Ceramics factory, situated in Bipaga within Cameroon's Southern region, has been rescheduled for...
Cameroon-Chad Railway Project: Feasibility Study Complete, Route Selection Awaited
The feasibility study for the construction of a railway line between Cameroon and Chad has been completed, according to information released by the...
Billionaire Dieudonné Bougne expands mining presence with new permits
Cameroonian business magnate Dieudonné Bougne is solidifying his position in the mining industry by securing two additional exploration permits, out of...
Central African Bank's Bond Auction Fails to Attract Bids
The issuance of bonds by the Bank of Central African States (BEAC) on April 29 was declared unsuccessful due to a lack of subscriptions, the central bank...
Electricity Line Restored After Outage in Douala, Concerns Remain
The 90 kV electricity transmission line between Logbaba and Koumassi, which was damaged by a fire on the night of May 1-2, has now been restored,...
Heatwave Warning Issued for Cameroon's Western Region
Meteorological forecasts from the local services of the Ministry of Transport, which oversees the national meteorological direction, predict a heatwave in...
Cameroon govt lifts ban on sale of non-compliant refined oil
Since April 2024, Prime Minister Joseph Dion Ngute's office has directed Commerce Minister Luc Magloire Mbarga Atangana to lift the ban on the sale of...
Power outage hits Douala business hub after fire incident
Douala's administrative and commercial hub has been without electricity since the early hours of May 2, 2024. In a statement released the same day, Eneo...
Cameroon's commerce minister calls for dialog amid beverage price hike threats
Commerce Minister Luc Magloire Mbarga Atangana has scheduled a meeting on May 16, with beverage industry stakeholders, according to letters sent on April...
BGFIBank Cameroon's Credit Portfolio Grows 17% but Falls Short of Targets
BGFIBank Cameroon's credit portfolio reached CFA430.4 billion in 2023, according to data from the Central African Banking Commission (COBAC). This amount...
Cocoa-Coffee: Fodecc plans $19.6mln grant for 75,231 producers in 2024
Cameroon Cocoa and Coffee Development Fund (Fodecc) plans to grant producers CFA10.5 billion ($19.6 million) this year. The initiative was announced...
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