The Special National Solidarity Fund in Cameroon created by the President of the Republic, Paul Biya has seen an additional 770 million FCFA contributed by corporate bodies and private individuals. The information was disclosed by the Minister of Public Health, Dr Manaouda Malachie. This makes a total of 1,770,150,000 FCFA, if we count the one...
The Cameroonian government unveiled its debt strategy for the period 2020-2022, in a briefing note on issues of bonds of assimilable treasures (OTA) by auction, published on April 1, 2020 by the Ministry of Finance. The debt need of the Cameroonian State (including budget support) planned for the period 2020-2022 is 3,440 billion FCFA, including...
Franklin Nguegang, 28, uses information published on the Twitter account of the Minister of Public Health, Dr Manaouda Malachie to showcase Covid-19 infection trends in Cameroon. “The application allows you to view an interactive map of Cameroon on which are listed the different cases found of the disease and this by city, to display graphs...
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the Covid-19 pandemic and mitigate its impacts.The grant, which is in response to an international appeal by the WHO, will be used by...
The African Energy Chamber is calling on African governments and the judiciary to take actions to shield oil & gas companies and their workers from lawyers trying to take advantage of the Coronavirus pandemic to create instability in the workplace.While most Africans are trying to cope with the uncertainty and issues of Covid-19 and low...
After carrying out findings on the impact of the coronavirus on Cameroon’s economy, the Business cartel in Cameroon GICAM has outlined some proposals for implementation by the government. The President of the Employer group Celestin Tawamba believes that, these measures will keep the economy afloat should they be executed in the fiscal and social, customs, monetary and...
The Danpullo group, represented by the Director General of Nexttel, presented this afternoon in the Conference Room of Ministry of Public Health, a check of 100 million FCFA to Dr. Manaouda Malachi, Minister of Public Health, to beef up the Special National Solidarity Fund for the fight against Covid-19, created on Tuesday March 31, 2020, by the President...
Brahim Mahamat Djamaladine The water company of Chad (STE) will soon have a photovoltaic solar power plant. The installation is being carried out by Aboussimbil, a Chadian company specializing in general trade and building construction. The project will cost the construction company more than 500 million CFA francs (nearly ‘762,000). The plant of the Chadian...
Tower Resources has announced updates in respect of its Thali Production Sharing Contract (‘PSC’) in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, and its binding heads of terms (‘HoT’) in respect of a farm-out of a 24.5% interest in the PSC to OilLR Pty Ltd (‘OilLR’). Petroleum operations in Cameroon have already been...
