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Peter Nsoesie

Cameroon to lose 300 billion FCFA of petroleum revenue due to Covid 19

"If I take the case of oil, we have made our 2020 finance law on an assumption of a barrel at 54.4 dollars. There we are at less than 30...
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Why CEMAC Businesses are sidelining the Stock Exchange market?

The opacity in their management fueled by the eternal conflict between on the one hand their social and political functions and on the other hand, their economic missions, makes them...
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Cameroon’s SME Bank loses at least 1 billion CFA francs annually

This establishment, which opened in 2015 by the State of Cameroon, has posted a negative result since 2016, according to a report by the Technical Commission for the Rehabilitation of...
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Cameroon’s inflation rate rising in the first quarter of 2020

A study by the National Institute of Statistics reveals the prices of consumer products increased by 0.5% compared to the 4th quarter of 2019 Compared to the first quarter of...
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Cameroon government behind scheduled time of 2020 Budget

State financial administrations are struggling to produce the statistical publications scheduled in the budget calendar on time. This is a departure from Cameroon’s commitments in terms of transparency and good...
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Dangote Cameroon records increased sales of cement in First quarter of 2020

Nigeria cement giant Dangote has announced that its branch in Cameroon sold 312 thousand tonnes of cement in the first quarter of 2020, generating and increased rate of 4.3% compared...
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British mining giant BWA Groups gets two exploitation licenses for activities in Cameroon

Investment Company, BWA Group, emphasises its growth strategy to achieve a sizeable investment in the mineral sector through its wholly-owned subsidiary BWA Resources. The company has built a strong portfolio...
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SNH open talks with Russian and British gas giants to scale up production in Cameroon

Cameroon-Cameroon’s National Hydrocarbons Corp., or SNH, and its partner Perenco Cameroon have started talks with Russia’s Gazprom and Britain’s Golar to increase production of liquefied natural gas. LNG production is...
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Chadian transporters and Cameroon custom officers at daggers drawn over lack of CPS Beacons

They observed a sit down strike  on May 22, 2020, at the Dibamba checkpoint, as well as at the Yassa weighing station located at the eastern entrance to Douala. Tension...
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Teaching platform “Icole” makes way in Gabon to boost education

Young Gabonese have just launched the “Icole” platform. It offers several appropriate functions, in particular for online teaching, access to Zoom (Video conference, team viewer), coaching and mentoring. In these...
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Cameroon’s prime brewery company unveils new product

The “Top cola” brand is now available on the Cameroonian market since May 11, 2020 The range of products from the Société Anonyme des Brasseries du Cameroun (SABC) has just...
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Chemical labeling of petroleum products earns Cameroon $66 million annually since 2012

The Hydrocarbons, analyzes and controls Unit (Hydrac) has taken stock of the fallout from the chemical marking of petroleum products, implemented in Cameroon since 2012. “We can cite the reduction...
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Post Covid-19: Global Leaders at UBA Africa Day Conversations Pursue Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations betweengovernments and the private sector as a panacea...
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Africa Regional Integration Index underlines integration as key to building more resilient economies

The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a...
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