Bitcoin
90,761
Bitcoin
$ 105,258
Bitcoin
90,761

Finance

BEAC resumes the injection of funds to assist Banks navigate through Covid 19

The Bank of Central African States BEAC has begun injecting a 250 billion FCFA  liquidity into the banking system of the CEMAC sub-region.This means that, banks in the zone will...
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Covid 19: Drop in Car imports from Nigeria to Cameroon slumps customs revenue in the North region

Trade between the North of Cameroon and Nigeria has drastically dropped following the closure of the border by government to contain the spread of the coronavirus.  The closure of the...
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Public transport bound vehicles in Cameroon to have 5% custom exoneration

Cameroon’s Finance Minister, Louis Paul Motaze has set the term for the application of a measure to reduce custom tarrif by 5% for imported vehicles intended for public transport. The...
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“In 5 years, Cameroon’s public debt rises to 67.2% of GDP” – MINFI

The public debt and guarantees of Cameroon stood at about 8424 billion FCFA by December 2019. The Ministry of Finance who published the report also reveals the amount represented at...
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Cameroon unveils 2020-2022 Debt plan

The Cameroonian government unveiled its debt strategy for the period 2020-2022, in a briefing note on issues of bonds of assimilable treasures (OTA) by auction, published on April 1, 2020...
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BEAC to inject liquidity in CEMAC’s banking system

The Bank of Central African States BEAC has announced it will infuse 500 billion FCFA to boost the banking sector in particular.  The Monetary Policy Committee of the institution who...
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Bitcoin Satoshi Vision price on April 1, 2020: the $ 10,000 at your fingertips

Bitcoin – Satoshi Nakamoto Bitcoin Satoshi Vision (BSV) rose sharply at the start of the day, peaking at $ 9,690 today, April 1, 2020, before dropping back to the $...
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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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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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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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Cameroon fails to raise 10 billion FCFA from BEAC Debt market

some 10000 central african CFA franc bank note obverse Cameroon for the second time has not succeeded to raise 10 billion FCFA as expected from the debt market of the...
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Covid 19: Severe test in prospect for the payment of salaries of civil servants in Cameroon

The payment of the salaries of Cameroonian civil servants will be an uphill task for banks this month. This is due to the scare of Covid 19 whose curve is...
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International Islamic Trade Finance Corporation recognized as Best Islamic Financier at the International Trade Finance Global (TFG) Trade Awards 2020

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has been named ‘Best Islamic Financier’ by the trade finance platform, Trade Finance...
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La Cemac examine son projet de budget 2020 à Yaoundé

La 34ème session ordinaire du Conseil des ministres de l’Union économique d’Afrique centrale se tient du 31 octobre au 2 novembre 2019. Neuf dossiers seront soumis à l’examen des experts qui...
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