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Cameroon
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MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency
The telecommunications operator MTN Cameroon has transferred more than 400 million FCFA to the Deposit and Consignment Fund of Cameroon(CDEC), corresponding to deposits paid by certain subscribers and partners as…
Cameroon: SOTRAMAS and the industrial collapse of cassava processing in Sangmelima
Located in the city of Sangmelima, the Société de Transformation Industrielle de…
Palm oil in Cameroon: Opalm acquires Eseka from Socapalm with ambition to triple processing capacity
The industrialization drive of Cameroon’s palm oil sector has reached a new…
Iron in Cameroon: the bold XAF 1,749 Billion bet to transform the economy by 2030
With GDP estimated at 28,000 billion CFA francs in 2025, Cameroon remains…
Cameroon: Louis Paul Motaze unveils 2026 state financing program with a CFAF 1,650 billion borrowing ceiling
This event functions as a financial roadshow aimed at strengthening Cameroon’s visibility…
Scanning crisis at douala-bonaberi port : dual operators, container blockage and rising threat to Cameroon’s economy
GECAM raises the alarm over growing economic fallout. In a statement released…
CEMAC’s financial engine: how Cameroon controls 74% of microfinance
Cameroon accounts for nearly 74% of all MFIs in the CEMAC zone,…
Powering industry: can Cameroon’s hydro boom support the Douala hub?
The Nachtigal hydroelectric plant is the flagship project in Cameroon’s energy transition.…
Memve’ele Hydropower: Cameroon invests XAF 4 Billion to tackle energy shortages
As part of its operation and maintenance action plan, the public utility…
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Cameroon : the country grants a license to mine bauxite at Minim Martap
The government recently granted a mining permit for Minim Martap bauxite to Canyon Resources. The Australian mining company made the…
Cameroon : what the new Partnership Framework with the World Bank Provides
Cameroon’s Minister of Economy, Alamine Ousmane Mey, welcomed Abdoul Salam Bello, World Bank Group Executive Director for Cameroon, for a…
Cameroon : Minim Martap bauxite mining, at the heart of industrial strategy
On July 30, 2024 in Yaoundé, the State of Cameroon and the company Camalco formalized an agreement for the industrial…
Cameroon : 2.5 billion US dollars (1,500 billion Fcfa) to be pocketed by cocoa farmers in the coming season
The Minister of trade, Luc Magloire Mbarga Atangana, is announcing record revenues for cocoa producers during the campaign that begins…
Outstanding direct central government debt reaches 40.4% of GDP
The information was made public by the Autonomous Amortization fund (CAA). It is contained in the document presenting the monthly…
Cameroon: the emergency need to boost local palm oil production
Faced with ever-increasing demand for raw materials for the 2nd transformation industries, Cameroonian refiners are planning to tap the international…
Cameroon: studies launched for the Mbakaou hydroelectric plant in the septentrion, with a projected output of 250 to 300MW
Covering technical, environmental, social and financial studies, the contract was signed on Wednesday July 17 by the Managing Director of…
Cameroon: consolidated figures for the financial statements of Cameroon Oil Depots company(SCDP) in 2023
The Ordinary General Meeting of SCDP, held this Tuesday, July 16, 2024 in Yaounde, approved the financial statements for the…
Central Africa: should Cobac suspend fund transfers to Cameroon’s Deposit Consignments Fund(Cdec)?
The Banking Commission of Central Africa is asking Cameroon's credit, microfinance and financial institutions to postpone transfers to the Cameroon's…
Cameroon: 39.5 million US dollars (23.9 billion FCFA) of remaining projects make it possible to expand the northern entrance line of the city of Yaounde
These include US$34.4 million (FCFA20.8 billion) from the implementation of the transport sector support project, phase I for the construction…
