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Companies

HPS Boss Prosper Sugewe births financial rating agency in Cameroon

Until this first agency obtains an approval from the Central African Financial Market Supervisory Commission (COSUMAF), the CEO of HPS International Consulting SA has engaged in consultations to select experts...
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New Managers for Cameroon’s Chantier Naval

Failure in realizing the plan led to the dismissal in 2018 of 270 CNIC employees for economic reasons. It must be said that the company has experienced permanent discomfort for...
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Camair co lays off over 300 workers today, trade unions reject move

The decision has not gone down well with trade union leaders. The air transport unions has urged Camair-co employees to reject this technical leave. This decision was taken on June...
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CIMAF Gabon braces up stiff competition with imminent arrival of Dangote cement in Gabon

Cimaf Gabon's approach is not trivial. The arrival of Dangote Cément, led by the Dangote Industries group, suggests a shock in this market segment whose annual demand is 600,000 tonnes....
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Orange promotes African Start-ups through ground-breaking Tech competition

The objective of this challenge is to give entrepreneurs in Africa and the Middle East, and in particular those in Cameroon, the means to get started and develop, "announces the...
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Gabon Telecom triggers 20% drop in internet rates

“In response to requests from several of its customers, Gabon Télécom has made changes to its price list, concerning Internet packages. This revision aims to give better readability, as well...
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Tradex S.A sets up first service station in Equatorial Guinea

During this solemnity, Tradex Managing Director, Simon Paley, took the opportunity to present the company's ambitions for this neighbouring country and friend of Cameroon. "This is a first step, an...
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CIMAF invests 9 billion francs to make Gabon self-sufficient in cement

"If we take into account the production of CimGabon, estimated at 150,000 tonnes per year, and Africa Cement which is around 200,000 tonnes, we can easily say that Gabon should...
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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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