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Economy

PAGFI 3 – A Budgeted Annual Work Plan to improve financial governance

Endorsed by the Steering Committee at its second session, chaired by Louis Paul Motaze, Cameroon’s Minister of Finance. The plan, approved on April 11, 2025, in Yaoundé, should enable Cameroon...
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Cocoa and Coffee Festival closes with renewed hope to Boost Sector

The 10th edition of the Cacao & Coffee Festival closed in style on Saturday, April 12, 2025, at the Yaoundé City Hall esplanade. Chaired by the Minister of Trade, Luc...
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Promotion of ”Made in Cameroon” key to AfCFTA Implementation

At the National Workshop on Import Substitution, the Ministry of SMEs and the Cameroon National Shippers’ Council (CNCC) reaffirmed their commitment to promoting “Made in Cameroon.” For two days, nearly...
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Personal Income Tax fetches 15 billion FCFA for Cameroon in 2024

Despite a high rate of adoption of the digital platform for filing personal income tax (IRPP), tax revenue remains below forecasts. Finance Minister Louis Paul Motaze presented a mixed initial...
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Paul Biya strengthens the National Investment Corporation

As part of the public sector reform, the President of the Republic, Paul Biya, appointed the members of the Board of Directors of the National Investment Company (SNI) on April...
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Cameroon ends Mining Negotations with Sundace Resources

Sundance Resources has faced Cameroon’s categorical refusal to enter into financial negotiations afer failing to bring to fruition the Mbalam Nabab. The government is now favoring other partners for the...
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Terri L. Batch: Bridging Continents, Transforming Partnerships

Mrs. Terri L. Batch, a dynamic leader and international advocate, will take the stage at the BUSINESS EXCLUSIVE NETWORK, organized by Lorene Christelle Adibeyi at Los Angeles, California, to connect...
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Obasanjo to invest 420 billion FCFA in Kribi to boost Cameroon-Nigeria trade

Former Nigerian President Olusegun Obasanjo, now a businessman, plans to expand his OABL consortium into various key sectors of the Cameroonian economy. Agriculture is at the top of the list,...
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BEAC unveils new coins

Starting April 5, 2025, a new range of coins will enter circulation in the six countries of the Central African Economic and Monetary Community (CEMAC). Officially unveiled on April 2...
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 IFC and Afriland First Bank Join Forces with $60 Million for SMEs

In Yaoundé, April 2, 2025, the International Finance Corporation (IFC) and Afriland First Bank Cameroon announced an ambitious partnership aimed at facilitating access to financing for Cameroonian small and medium-sized...
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FECAFOOT and Custom Aministration partner to combat Fraud

 A unique partnership has emerged between the Directorate General of Customs and the Cameroon Football Federation (FECAFOOT). The goal: to combat the fraudulent importation and circulation of products under FECAFOOT’s...
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Cannes Film Festival 2025: A Global Celebration and Economic Powerhouse

From May 13 to 24, 2025, the Cannes Film Festival returns for its 78th edition, promising to dazzle the world with cinematic brilliance while delivering significant economic benefits to Cannes...
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Gabon in 2025: Navigating Economic Challenges and Unlocking Potential

In the face of economic dependency on oil, rising public debt, and social inequalities, Gabon finds itself at a crossroads. However, strategic diversification and bold initiatives offer a pathway to...
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IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth

Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director,...
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