cameroon – CEMAC ECO FINANCE

Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA...

Incooperation, Economy, Featured, Finance, Financial markets, NEWS

BVMAC record about 14 Billion FCFA worth of transactions in Q1 of 2024

July 11, 2024ByLa Rédaction

The Central African Stock Exchange (Bvmac) recorded 82 transactions for a total volume of 1,570,945 securities, representing a value of more than 14 billion FCFA in the first quarter of...

Incooperation, Economy, Featured, Finance, NEWS

IRAD to spearhead Rice Development Project in Cameroon

July 11, 2024ByLa Rédaction

It is through a protocol of two agreements signed on July 8, 2024 with the Ministry of Agriculture and Rural Development, that the Agricultural Research Institute for Development (IRAD) will...

InEconomy, Featured, Finance, NEWS

Cameroon Domestic debt repayment falls by 32%

July 8, 2024ByPeter Nsoesie

These amounts showed a downward trend between the first quarters of 2023 and 2024 according to the Long and Medium Term Economic and Budgetary Programming Document 2025-2027 published by the...

Incooperation, Economy, Featured, Finance, NEWS

French Development Agency invests over 721 billion FCFA in Cameroon in 2023 on development projects

July 4, 2024ByLa Rédaction

This is what is revealed in the 2023 activity report for Central Africa published by the French Development Agency, which claims an investment of 1.1 billion euros in Cameroon.A major...

InBusiness opportunities, Companies, cooperation, Economy, Featured, Finance, NEWS

UK Cameroon Chamber of Commerce births Business Guide to boost Economic ties between Cameroon and the United Kingdom

June 27, 2024ByPeter Nsoesie

Trade in goods and services between the UK and Cameroon is currently valued at £911 million. The UK stands as one of the principal investors in Cameroon, presenting abundant opportunities...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon Reviews 2024 State budget by 7.9% Increase

June 21, 2024ByPeter Nsoesie

Cameroon’s state budget has increased by 538 billion FCFA (about 880 million U.S. dollars), we learned Thursday from an order signed by the president of the Paul Biya Republic. The...

InBusiness opportunities, cooperation, Economy, Featured, NEWS

Douala and Kribi Ports reject World Bank Port rankings

June 20, 2024ByLa Rédaction

While the World Bank and Standard & Poor’s report on the performance of container ports shows that the ports of Douala and Kribi are ranked 366th and 373rd respectively in...

InCompanies, cooperation, Economy, Featured, NEWS

Over 10 thousand tonnes of Banana exported by CDC between January and April 2024

June 18, 2024ByPeter Nsoesie

According to data provided by the Banana Association of Cameroon, this figure represents a third of CDC sales shortly before the Anglophone crisis. In detail, the 10,255 tonnes of bananas...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon to get 71.5 Billion FCFA from IMF under Extended Credit Facility

June 11, 2024ByPeter Nsoesie

In detail, this new agreement falls within the framework of the first review of the Resilience and Sustainability Facility (FRD), as well as the sixth reviews of the program supported...