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Peter Nsoesie

Cameroon publishes Export bulletin for the year 2020

As regards the exports of manufactured products, “the drop was mainly supported by the drop in exports of processed wood (sawn wood -11.7%, wood pasture sheets -23.5%). Also, exports of...
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Alphonse Nafack bags Best Manager in Central Africa at Financial Afrik awards

A banker-financial expert by training and by profession, Alphonse Nafack is one of the best-known faces of the Cameroonian financial landscape. Its name is practically the trademark of Afriland First...
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Government orders Contractors to use “legal” Cameroonian wood in the execution of public works

“Henceforth, therefore, the use of this wood is obligatory in the realization of all the works and supplies forming the object of public order… It is a question for the...
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Cameroon projects 3.3% growth rate for 2021

According to the Director-General of Budget at MINFI, some of these measures have been taken into account in the state finance bill for the 2021 fiscal year. Cyril EDOU ALO'O...
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CONAC names Finance sector as the most corrupt in Cameroon in 2019

The sectors that have fatally contributed are Finance and Industry. The General Treasury of Nkongsamba (Littoral) alone recorded a financial hole of 7,240,056,493 (seven billion two hundred and forty million...
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CEMAC countries brace up for AfCFTA

If at the level of certain states such as Cameroon, the regulation of competition is already regulated, this is not the case at the community level. Hence the urgency to...
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Germany provides 33 billion FCFA funding for reproductive health and rural infrastructure development in Cameroon

In detail, the first agreement falls within the framework of technical cooperation. Worth 32 million euros, the latter is devoted to financing local development, civil status, and regional planning. The...
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Cameroon’s Prime Minister inaugurates Douala Grand Mall

The project team indicates that the second phase of the project is preparing calmly and the 30 billion FCFA for its implementation have already been mobilized. It will include a...
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Cameroon Government and SGB seal 25 billion FCFA for SME’s

The Director of this bank says that the opening of this line of credit is part of the initiative called "Grow With Africa". Its objective is to "strengthen the bank’s...
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Cameroon’s Mobile Telecom operators lose 118 billion in two years

“This crisis is resulting in huge financial losses for all players in the ICT sector. By way of example, the members of our Association alone lost 96 billion CFA in...
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Paul Biya creates company to manage Mining business in Cameroon

Its missions consist, among others, in liaison with other competent administrations and bodies, in carrying out the inventory of mining indices, conducting studies relating to the exploration and exploitation of...
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Cameroon Government begins construction of 14 modern tollgates across the country

During the ceremony to lay the foundation stone for this project, held on December 10, 2020 in Mbankomo, a locality located 30 kilometres from Yaoundé, the builder reassured that the...
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FEICOM and GIZ seal deal to tackle climate change

Setting up projects likely to be supported by GIZ within the framework of COMSSA; mobilization of funding for the implementation of local projects; support for decentralized local authorities and FEICOM...
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Paul Biya reforms Cameroon’s Telecom watchdog

Thus, article 3 of the decree of December 3 specifies that: "although remaining under the financial supervision of the Ministry of Finance, the ART will no longer work with a...
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