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...Camtel seeks legal advocates nationwide to safeguard corporate interests
Cameroon’s incumbent operator Camtel issued a call for applications on April 19 to recruit six lawyers and six law firms across the nation's ten regions...Mayor of Bafoussam I explores Islamic Finance for local projects
Cyrille Ngnang, mayor of Bafoussam 1 in the West region, took part in the "Community Days of Islamic Finance-Cemac," held in Yaoundé from April 22 to 26....Cameroon plans debut debt buyback on BEAC securities market
Cameroon's Treasury is planning a debt buyback operation on the public securities market of the Central African States Bank (BEAC) in May. Sources within...Cameroon Investment Forum wraps up with honors for investment champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...Douala Municipality takes legal action against banks over loan guarantee for market project
Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...BEAC to introduce new coin range to tackle persistent shortage
The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...Cameroon-E. Guinea maritime line sets sail, prices and options revealed
Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...API signs key agreements to boost investor access to economic zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...Cameroun repays CFA39.8bn debt with new borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...CEMAC raises CFA4.336tn in 2023 public securities, CFA2.5tn less than WAEMU
In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...Cameroon minister urges african restaurants to unite on geographic indications
Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...Cameroun taps Ivorian firm for visa service upgrade
The Ministry of Foreign Affairs (Minrex) revealed that Ivorian company Impact Palmarès R&D SAS will manage its electronic visa service for 10 years,...Cameroon Investment Forum 2024 focuses on import-substitution policies and private sector concerns
The fourth edition of the Cameroon Investment Forum (CIF), organized by the Investment Promotion Agency (API), kicked off on April 17 in Douala, the...Market Cap: Bvmac still below targets despite near 37% surge in 2023
The most recent Monetary Policy Report from the Central Bank of Central African States (BEAC), released in March 2024, indicates a substantial surge in...
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