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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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Afreximbank to provide $ 3 billion in funding to African states to mitigate the impact of COVID-19

The African Export and Import Bank (Afreximbank) will make available to African countries a credit facility totaling $ 3 billion to help adapt to the financial, economic and health shocks...
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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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100 young people to be trained on Renewable Energy in Cameroon

A training offer for 100 young people passionate about renewable energy issues has been launched in Cameroon. It is a training project initiated by Environment, Renewable Energies and ICT in...
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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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UBA Cameroon donates 150 million FCFA to support Government’s Covid 19 Relief Efforts

The United Bank for  Africa – UBA Cameroon has officially handed over a cheque worth 150 million  FCFA through the UBA Foundation, to the Minister of Public Health Manaouda Malachie who received...
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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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CEMAC Commission predicts drop in Cameroon’s Economic growth due to Covid 19

The permanent Secretariat of the CEMAC Economic and Financial Reforms Programme –PREF CEMAC has revealed that the coronavirus would have a negative impact on Cameroon’s economy.  The organ of the...
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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’s SME Bank to fund agricultural projects through 200 million FCFA scheme

The   bank for Small and Medium sized Enterprises in Cameroon wants to strengthen the capacity of the human capital engaged in key sectors of Agriculture. This follows a deal reached...
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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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