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91,549
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$ 104,371
Bitcoin
91,549

Peter Nsoesie

Cameroon Electronic payment switch goes operational

Cameroon’s Electronic payment switch is now operating across the country. Laucnhed by the Minister of Post and Telecommunication Minette Libom Li Likeng, this switch managed by the Cameroon Postal Service...
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H.E Paul Biya creates Solidarity Fund to fight Covid 19 in Cameroon

The President of Cameroon, Paul Biya has today opened a solidarity fund to tackle the increasing threat of the coronavirus in the country. The Prime Minister Head of Government, Joseph...
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Tower Resources operations in Cameroon hit by Covid 19 restrictions

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...
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Coronavirus hits Cameroon’s Insurance sector, Prudence Beneficial makes sweeping reforms to adapt

Beside the tragic human toll of the coronavirus, the s already having considerable economic impacts, posing major challenges to the global supply chain and certain business sectors such as airlines,...
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Congo plans 2.2 billion FCFA for the development of telecom services in rural areas in 2020

The Republic of Congo has planned to invest the sum of 2 243 900 807 FCFA in the development of telecom services in rural areas. The amount represents 75% of...
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Equatorial Guinea shortlists companies for Key Energy Projects under its Year of Investment

The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects...
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African Development Bank launches 3 billion US Social Bond to fight Covid-19

The African Development Bank (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods...
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Chinese funded projects in Cameroon meet stonewall, Government swings into action

Projects financed by the Chinese government in Cameroon have been gripped by a plethora of challenges; causing some of them to be abandoned. While others  are moving at snail pace. ...
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Cameroon to benefit from UBA’S Covid-19 Relief Support across Africa

The United Bank for Africa Plc (UBA) today announced a donation of over  (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the...
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Cameroon receives Pan-African aid from Alibaba CEO to tackle Covid 19

Cameroon’s share of the medical support promised by Chinese billionaire and Philanthropist Jack Ma has been received today. The cargo plane dispatched by the Alibaba boss earlier arrived Ethiopia where...
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African Development Bank unveils project to resolve Cameroon’s Electricity metering challenges

The African Development Bank and the multi-donor Fund for African Private Sector Assistance (FAPA) have joined the government of Cameroon to launch an initiative to bolster the deployment of electricity...
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CEMAC countries challenged to embrace Economic diversification in the face of Covid 19

Economies within the Economic Community of Central African States (ECCAS) will collectively have a 4.7 percentage point drop in their projected GDP growth this year as a result of the...
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Cameroon plans 220 billion FCFA fund raising operation in April to finance priority projects

The State of Cameroon wishes to mobilize a total of CFAF 220 billion on the money market via the issue of Assimilable Treasury Bonds (OTA). This money will help finalize...
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Young Cameroonian researchers propose the use of Drones to combat Covid 19

The Ministry of Scientific Research and Innovation has welcomed the proposal of some young Cameroonians suggesting the use of drones to limit and consequently eradicate the coronavirus which has now...
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