During a press conference held in Yaoundé, the Minister of Commerce, Luc Magloire Mbarga Atangana, announced the allocation by the Cameroonian government of quality bonuses, amounting to 2 billion FCFA, intended for cocoa producers for the 2020-2021 and 2021-2022 agricultural seasons. The beneficiary selection process is underway in the production regions and should be completed...
In a dynamic of expansion, Camair-Co, the national airline of Cameroon, has just announced the addition of Pointe-Noire, economic capital of Congo, to its network of destinations. This announcement comes just after the opening of a route to Cotonou, thus strengthening the company’s presence in Central Africa. With flights scheduled three times a week on...
AFSIC – Investing in Africa, one of Europe’s premier Africa investment events, is set to host its annual conference in London on October 7th, 8th, and 9th at the Park Plaza Westminster Hotel. With over 1500 of the most influential figures in the African investment sphere expected to attend, including 350+ investors spanning various sectors,...
Hervé Ndoba, Central African Minister of Finance and Budget, during a roadshow in Douala was in front of investors in order to raise the said amount to cover the current investment needs of the State. After the passage of Gabon, here is the Central African Republic which appears before Cameroonian investors in Douala in search...
With a capital of 30,576 billion CFA francs, this port company 100% owned by the State of Cameroon was classified as a high-class company of national importance on December 19, 2023 by the Central African Banking Commission (COBAC) on December 19, 2023. during an ordinary session in Douala. High standing company of national importance or...
In a national call for tenders marked “under emergency procedure”, the State of Cameroon via the Ministry of Finance is seeking structures for the production of the general tax code for the 2024 financial years, 2025 and 2026. Upon reading the document signed by the Minister of Finance, Louis Paul Motaze dated March 18, 2024,...
Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According to the said report, the rates rose from 13.33% to 16.62% between the two periods, an increase of 329 basis points (3.2%), which demonstrates that...
The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic) which will allow it to continue to easily offer the bottle of butane gas at the price set last January, as part of the policy...
After a notable stint within the Bank of Central African States, the former governor is now seeking the position of president of the African Development Bank as illustrated by the dubbing of his candidacy and the unanimously by the 11 countries of the Economic Community of Central African States (Ceeac). At 51 years old, the...
