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Cameroon ends Mining Negotations with Sundace Resources

April 9, 2025By
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...
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Obasanjo to invest 420 billion FCFA in Kribi to boost Cameroon-Nigeria trade

April 5, 2025By
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,...
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Tony Elumelu Foundation Announces $15M Grant, 56 Cameroonian Entrepreneurs Among Beneficiaries

March 24, 2025By
The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant aimed at empowering 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship programme. The announcement...
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Cameroon inaugurates Economic and Social Council Building

March 11, 2025By
The Economic and Social Council (CES) holds its headquarters. Created by Article 85 of the 1972 Constitution and maintained by Article 54 of the 1996 constitutional revision, the Economic and...
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Tony Elumelu urges Cameroon to enter Strategic Partnership with the Private sector

February 28, 2025By
At Cameroon Economic Meeting, Elumelu Calls for Strategic Collective Partnership to Boost African Economy The Chairman of United Bank for Africa (UBA) Plc and Heirs Holdings Group, Tony Elumelu, has...
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Cameroon Ministry of Economy defines Strategic zones for 2025

February 17, 2025By
Faced with economic challenges, the Ministry of Economy, Planning and Regional Development (MINEPAT) has defined the main strategic orientations for the year 2025. The annual conference of central and decentralized...
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Electricity sector in Cameroon still limping

February 8, 2025By
Announced 16 months ago, the renationalization of Eneo continues to flounder. A monotonous situation that is gradually leading the electricity sector into total agony, thus reinforcing the place of obscurity...
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Investors praise Cameroon 2023 bonds on the Central African Stock Exchange BVMAC

February 5, 2025By
For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers,...
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CDC registers record Exports since 2017

February 3, 2025By
After years of crisis that heavily affected its production and exports, the Cameroon Development Corporation (CDC) has returned to growth. In December 2024, the public agro-industrial company exported more than...
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IMF Releases 77 billion FCFA to Cameroon

February 3, 2025By
After an in-depth assessment, the International Monetary Fund (IMF) expressed its satisfaction with Cameroon’s progress in managing its public finances. The institution approved a disbursement of 77.5 billion CFA francs...
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CDC exceeds 30,000 tonnes of banana exports in 2024, a historic post-crisis performance

January 15, 2025By
With 31,643 tonnes of bananas exported in 2024, the Cameroon Development Corporation (CDC) recorded its best performance since resuming its activities in 2020. Despite a difficult economic and social climate,...
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Cameroon obtains additional funding of 28 Billion FCFA

January 11, 2025By
A presidential decree signed on January 7, 2024 authorizes the signing of a financing contract with the European Investment Bank (EIB) to supplement the resources needed for the Rural Electrification...
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Custom Administration in Cameroon targets 95 Billion FCFA in 2025

January 9, 2025By
In January 2025, the General Directorate of Customs (DGD) aims to mobilize 95 billion FCFA, or 8.31% of its annual target of 1,144 billion FCFA. The strategic sectors of Douala...
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Prime Minister opens Youpwe Fish Market and Landing Stage

December 30, 2024By
Surrounded by all the notables, economic and political elites of the Western region, the Prime Minister proceeded with the official opening of this infrastructure intended for the development of economic...
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