The National Investment Commission (CNI) held its first annual ordinary session on April 12 in Brazzaville. After reviewing the applications submitted for approval, it granted final approvals to nine companies, representing a potential investment of more than 530 billion CFA francs. For its first session in 2025, chaired by the Chief of Staff of the...
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 to continue its efforts to strengthen budgetary credibility and the State’s budgetary and accounting information. Proposed by the Project Management Unit (PMU) coordinated by Sophie...
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 Magloire Mbarga Atangana, the closing ceremony highlighted Cameroon’s challenges and ambitions for better promotion of cocoa and coffee, in the presence of leading national and...
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 250 economic stakeholders, decision-makers, and experts debated strategies to accelerate this economic transition, which is essential to the country’s industrial sovereignty. Cameroon has taken a...
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 assessment to the National Assembly, calling for continued optimization efforts. Finance Minister Louis Paul Motaze revealed on April 4 that the tax administration had collected...
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 8, 2025, which recently became a publicly-owned company. This decision is part of the profound transformation of the country’s institutional fabric . The National Investment Corporation...
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 exploitation of the precious mineral. The history of the Mbalam-Nabeba mining project began in 2006 when Sundance Resources announced the acquisition of a 100% stake...
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, with the expansion of his farm to 610 hectares to grow corn and soybeans to feed his livestock. The group also plans to invest in...
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 in Bangui, these coins, including a new 200 CFA franc denomination, aim to alleviate currency shortages and combat the illegal export of old coins. The...
