The NSIA Group, a Pan-African company engaged in the Banking and Insurance sector present in West and Central Africa, has donated 322,000,000 FCFA in cash, medical ambulance and health kits, to fight the spread of the Covid-19 pandemic to all 12 countries where the company is planted. A group committed to the economic and social...
The invitation to tender is limited to six consultants whose files were expected on April 8, 2020. At the end of the selection, the best will be selected to support the State in carrying out a feasibility study for the launch of a platform for e-commerce at Cameroon postal services (CAMPOST). The study is funded...
The Douala Ports Authority has announced that it will begin expansion of the facility in the year 2030. It will also include renewal and renovation of the port’s facilities. With an area of 400 hectares and an annual traffic capacity of 15 million tonnes of goods, the Autonomous Port of Douala-Bonabéri (PAD) is already reduced...
In 2019, Orange Cameroon provided the best performance of mobile internet in Cameroon. This is evident from the annual report by the global observer of the assessment of mobile networks and the NPERF customer experience in a report released last March. To gather all these results, the observer, thanks to an application, relied on the...
Vaalco company has announced a production of 4,944 barrels per day in the 1st quarter of 2020, boasting that it not affected by the Coronavirus crisis. The American company has maintained its production forecasts for the whole year 2020 at 4,400-5,000 barrels per day. The 2020 fiscal year has started off on a positive note...
After dismissing some of its staff, the La Falaise Hotel group has finally closed its three hotels located in the Akwa, Bonanjo and Bonapriso neighbourhoods in Cameroon’s economic hub Douala. This decision as explained within the hotel chain is motivated by the lack of customers caused by the Covid-19. If the empire of the Cameroonian...
The Société des Brasseries du Gabon SOBRAGA has announced that her products are Covid 19 free, emphasing that all measures have been taken to avoid any contagious infection within the company. This follows rumours about the company’s products being infected by the coronavirus after its Director General was tested positive of the pandemic. Amidst bad...
The Commission on Public Establishments in Cameroon CTR has revealed that the State has the ambition to buy the shares of Total Outre-mer within the National Oil Refinery company SONARA. The cost of the purchase is estimated at 9.6 million US dollars (about 5.2 billion FCFA). If the State were to buy out the shares...
The TOTAL Gabon Board of Directors has proposed that a dividend of $ 11 per share be distributed on behalf of the 2019 financial year, representing a total remuneration of 49.5% for the benefit of its shareholders. If this directive is adopted, it will represent a level of dividend equivalent to that of the 2018...
