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Peter Nsoesie

Cameroon to benefit from 230 billion FCFA G20 Moratorium, but must fulfill “stressful” conditions

To benefit from the 12-month moratorium granted by G20 countries, Cameroon will still have to fulfill half a dozen conditions. This is contained in a term sheet of the moratorium....
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Paul Biya empowers Municipalities to fight Coronavirus with 2 billion FCFA worth of “Gifts”

Estimated to cost FCFA 2 billion, the Special Gifts from Cameroon’s Head of state, Paul Biya include: 50,000 cartons of laundry soap, that is four million pieces of soap;One million...
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“Covid-19 will cost Gabon a 600 billion FCFA budget loss” – Former Economy and Finance Minister

Régis Immogault has outlined some possible solutions to help the Gabonese state master the economic shock caused by the Covid-19. Noting that the crisis will cause budget losses of around...
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Cameroon raises over 3000 billion FCFA in 10 years for infrastructural projects

The public treasury in Cameroon has mobilizes 3,122.75 billion FCFA  in 10 years. Road infrastructure and engineering structures, water and energy, construction and rehabilitation of sports infrastructure are the sectors...
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Covid-19 triggers 10% loss monthly revenue in Cameroon

The statistics have been revealed by the Maritime Delivery Agency taken up by Alphaliner, the world reference in online navigation. In its traditional newsletter, Alphaliner (currently considered the global benchmark...
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Arielle Kitio Tsamo, the Queen of Cameroon’s Digital Inclusion drive

With a PhD in Software Engieneering, 28 year old Arielle Kitio Tsamo has revolutionized the tech industry in Cameroon through her startup Cameroon Youth School Tech Incubator CAYSTI. To the...
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Cameroon Postal Service CAMPOST to launch E-Commerce platform soon

The invitation to tender is limited to six consultants whose files were expected on April 8, 2020. At the end of the selection, the best will be selected to support...
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Expansion and Modernization of Douala port slated for 2030

The Douala Ports Authority has announced that it will begin expansion of the facility in the year 2030. It will also include renewal and renovation of the port’s facilities. With...
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58 billion FCFA needed to finance Cameroon’s covid-19 Response plan

Cameroon’s Minister of Public Health has revealed that the country’s response plan against Covid 19 will need 58 billion FCFA. Dr Manaouda Malachie was speaking Thursday to Members of the...
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Chad begins Covid 19 food aid for NDjamena’s vulnerable

The president of the Union of National Associations (UAN), Ahmat Béchir Ahmat, launched on Thursday the distribution of food donations made up of at least 2000 bags of millet and...
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Orange Cameroon wins best mobile internet performance in 2019

In 2019, Orange Cameroon provided the best performance of mobile internet in Cameroon. This is evident from the annual report by the global observer of the assessment of mobile networks...
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Gabon launches household farming scheme to ensure food security during covid-19 lockdown

The Ministry of Agriculture in Gabon has just launched the “Gabon Famille Verte” program. In this period of confinement, this initiative aims at the emergence of “green families”, through the...
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Chad, CAR among 19 African countries to benefit from IMF Debt relief scheme

The IMF Executive Board has approved immediate debt service relief to 19 African states (IMF’s member countries) under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT) as part of...
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Cameroon’s Tax authorities prescribe unique Taxpayer number for economic operations

To carry out an economic transaction in Cameroon, you must now have a unique identifier number (NIU), also called the taxpayer number. These are the requirements of the 2020 finance...
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