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Companies

CAMAIR CO to lay off over 300 workers, Management explains

“… Faced with the cessation of our operating activities, and after having objectively assessed the relevance of all the possibilities offered by the legislation in this area, it appeared necessary...
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Cameroon Custom chief lauds Bollore for contributing to CAMCIS

"Ultimately I am very satisfied, and I would like to thank the Bolloré Group here because when it was a question of finding a partner, a structure to support us,...
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Total Gabon: 30 billion FCFA dividend to be paid to shareholders from June 11

This dividend will be paid in Euros from June 11, 2020 for an equivalent value of 9.88 Euros based on the rate of the dollar of the European Central Bank...
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TOTAL Gabon records drop in revenue due to Covid-19

The local subsidiary of the French oil services giant, TOTAL, posted a net profit of $ 8 million in the first quarter of the current year, compared to a profit...
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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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Gabon announces new airline

The Gabonese sky has just been enriched with a new airline. Named Nationale Airways Gabon (NAG), the structure received, on May 18, from the National Civil Aviation Agency (Anac), the...
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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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Insurance: Fraud alert at NSIA Gabon

The New Interafrican Insurance Company of Gabon (NSIA Gabon) has just detected an insurance scam, through a fraudulent document promising commitments on promises of compensation in the event of loss...
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SETRAG gets 30 new tankers to facilitate petroleum transport

The operating company of Transgabonais (SETRAG) has just reinforced its equipment. The company acquired 30 new tanks with a capacity of 24,000 cubic meters each. Produced in South Africa, they...
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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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