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, the Inter-African Conference on Markets ‘assurances CIMA has just written to the managing directors of insurance and reinsurance companies, inviting them instead to “show flexibility”....
BW Energy has just announced an increase in production on the Turtle field to 11,485 bpd in the first quarter of 2020, against 10,735 bpd in the 4th quarter of 2019. At the same time, the American operator realized a Profit before interest, taxes, depreciation and amortization (Baiida) of $ 14.8 million, compared to $...
The International Bank for Trade and Industry of Gabon BICIG announced on May 18 that it had suffered fraudulent withdrawals by international payment cards, amounting to 113 million CFA francs. The banking firm has assured that it will reimburse the customers who were victims of this cyber attack. The Bank for Trade and Industry in...
“CAMTEL is now ISO 9001/2015 certified in its wholesale segment,” has been the message for the past few days by the telephone operator on its various web platforms. ISO 9001 certification is an international standard that defines the requirements of a quality management system. Recognized throughout the world, it represents a real pledge for companies...
Ecobank Group , the pan-African Bank, is leveraging its distribution and partner networks to raise awareness of literacy apps in the Google Play Store to support the education of children who are at home due to the covid-19 pandemic. As covid-19 continues to affect everyone’s lives, Ecobank is committed to protecting the health, safety and...
One of Cameroon’s biggest Insurers in on the frontlines against the coronavirus . Prudential Beneficial has announced a series of measures to tackle the global pandemic. According to the Group CEO Eddie Ford Brown, the move is proof of the company’s concern for humanity, at a time when mutual efforts are needed to face the...
The Regulatory Authority for Electronic Communications and postal services ARCEP has set May 20 as the final deadline for the migration period to the new 9-digit numbering plan that came into effect on November 15, 2019, across the country. Recently announced to end in May 2020, without too many details on the effective date, the...
The port infrastructure has also increased its bandwidth to facilitate the digitization of its services. In order to ensure the continuity of its services in this period of health crisis, the Krribi Autonomous Port (PAK) has opened up to digitalization. Thanks to its software called Integrated Management Software (ERP), the port infrastructure ensures the digitization...
The temporary suspension of activities seems to be the option chosen by the leaders of the Cameroon Airlines Corporation (Camair-co) during this period of health crisis. To do this, the Cameroonian public airline has embarked on the road to the layoff of a large part of its staff. In a letter signed on April 23...
