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...

In Yaoundé, April 2, 2025, the International Finance Corporation (IFC) and Afriland First Bank Cameroon announced an ambitious partnership aimed at facilitating access to financing for Cameroonian small and medium-sized enterprises (SMEs). This agreement, which provides substantial financial support, aims to stimulate private sector growth and encourage entrepreneurial innovation. As part of this collaboration, IFC...

 A unique partnership has emerged between the Directorate General of Customs and the Cameroon Football Federation (FECAFOOT). The goal: to combat the fraudulent importation and circulation of products under FECAFOOT’s exclusive commercial rights. Signed for a period of three years, this agreement aims to establish strict measures to counter smuggling and preserve the integrity of...

From May 13 to 24, 2025, the Cannes Film Festival returns for its 78th edition, promising to dazzle the world with cinematic brilliance while delivering significant economic benefits to Cannes and its surrounding areas. The Cannes Film Festival is not just a celebration of cinema; it’s a cornerstone of the global cultural calendar. With an...