For the populations to benefit from the energy available in Nachtigal it had to be transported. A contract for access to the electricity transmission network was signed between the producer of Nachtigal’s electricity and the National Electricity Transmission Company. The partnership was initialed between Sonatrel and NHPC on September 23, 2024, in Yaoundé, under the gaze of Gaston...

As the controversy over telecom quality of service continues, MTN Cameroon said this week that fibre destruction has increased by more than 40% this year compared to the previous year.Following previous disruptions to phone and data services, the company highlighted worries over the state-owned Camtel’s monopoly on the administration of the national optic fibre backbone....

Cameroon has significant mineral resources that are very little exploited. This is the case, for example, of the iron ore deposits of Ngovayang, Ntem and Djoum III in the South region and the gold deposits of Bibemi in the North region. The government is now determined to exploit these various deposits. On September 19, 2024 in Ebolowa, Fuh Calistus...

Three items were on the agenda. In particular, the establishment of an Islamic Window; the implementation of the Real Estate Program and the examination of several information notes. Following a meeting of the Board of Directors held on September 18, the Bank’s directors approved the establishment of an Islamic Window for the financing  of projects....

As Gabonese people continue to suffer from power cuts and irregular water supplies, the ruling military announced the creation of a monitoring committee for a recently launched plan that is supposed to resolve these problems by the end of 2025. Launched some time ago by the Presidency of the Republic with the aim of “strengthening the...

The China Oil Natural Gas Overseas Holding United company obtained two exploitation permits last January, including that of Conkouati known for its proximity to the  eponymous national park. During a stay in Beijing in China, the Minister  of Hydrocarbons, Bruno Jean Richard Itoua, discussed the progress of the projects with the head of the China Oil Gas...

African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York. Elumelu will call for urgent action in a series of engagements, including a roundtable discussion at the Clinton...

The African Development Bank ‘s portfolio in the road infrastructure sector in Cameroon is approximately 825 billion FCFA (824,800,696,496 FCFA). The AfDB is thus positioned as the country’s leading technical partner in this area. Taking part in the recent Transport Forum, Emmanuel Ngannou Djoumessi , Minister of Public Works, pleaded with the Bank for an increase in its investments in Cameroon, during the...

In the first half of 2024, Cameroon is expected to see a significant drop in its oil revenues, threatening the government’s target of 801 billion FCFA for the year. Factors behind this underperformance include falling global prices and declining production. Cameroon is facing a worrying decline in its oil and gas revenues in the first...