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Peter Nsoesie

Cameroon Government seals deal with French group to construct 14 automated toll gates

The contract was signed on May 18 between the Minister of Public Works of Cameroon and the Director General of the Fayat Group in Paris. 300 is the number of...
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CEMAC foreign reserves generated 13 billion FCFA interest in 2019

This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...
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Cameroon fixes modalities for the suspension of fiscal controls in enterprises

In a circular signed on May 13, the Minister of Finance, Louis Paul Motaze, set the terms of the government measure suspending, for the second quarter, accounting audits within Cameroon...
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Seven countries grant Cameroon suspension of debt servicing

Seven member countries of the Paris Club have granted Cameroon the right to suspend debt servicing for the period between May 1, 2020 to December 31, 2020. Germany, Belgium, Spain,...
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CIMA disagrees with Cameroonian Insurers over management of Covid-19

A few weeks after the Association of Cameroon Insurance Companies ASAC decided that the management of coronavirus cases “falls under the exclusive prerogative of the State” and not of insurers,...
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French Development Agency coughs out 6.5 billion FCFA for Covid 19 response in Cameroon

The grant contract was signed on May 18 between the Minister of the Economy, Planning and Regional Development and the French Development Agency, as part of the development and debt...
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Cameroon Government seals deal with French group to construct 14 automated toll gates

The contract was signed on May 18 between the Minister of Public Works of Cameroon and the Director General of the Fayat Group in Paris. 300 is the number of...
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DHL Cameroon gets new boss

Véronique Ebenye Epangué has been appointed to the post of National Director for DHL Cameroon, we learned in an official press release from the group, after recent renovations at the...
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GICAM mutualizes efforts with five workers Trade Unions in preserve jobs in Cameroon

The objective is to pool thoughts, initiatives and other actions in favor of employment and enterprise. Faced with the negative impacts of Covid-19 in companies, the Inter-Employers  Group of Cameroon...
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Poultry farmers in Cameroon loss 7 billion FCFA to Covid-19

The estimate has been released by the West and North West branches of the Cameroon Poultry Interprofession  Association. The Cameroon Poultry Interprofession (IPAVIC) is suffering the full brunt of the...
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Cameroon Investment Promotion Agency signs agreements with four private companies worth 24 billion FCFA

The sectors concerned are wood, food, chemical industry and manufacturing. On May 14, 2020 in Yaoundé, in order to develop the industrial fabric of the country, the Promotion and Investment...
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BEAC retracts after dangling Devaluation axe on member states

The governor of the Bank of Central African States has assured the public  that the health crisis caused by covid-19 has not affected the level of foreign exchange reserves. “The...
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Cameroon government seals groundbreaking deal with private company to revive limping wood sector

The contract was initialed on May 12, 2020 between the Minister of Mines, Industry and Technological Development, Gabriel Dodo Ndoke, and Mohamadou Hamida, the Managing Director of the said company....
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Cameroon to raise 335 billion FCFA from Treasury Bonds between April and June 2020

The various operations for the issue of public securities, planned on the BEAC market, relate to an overall envelope of 335 billion FCFA. “The 2nd quarter of 2020 of the...
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