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cameroon

Cameroon spends more than 3 trillion FCFA on imports

"For example, although it is not an exporter of fuels and other lubricants, customs statistics indicate that Togo supplied Cameroon with 500,000 tonnes of these products in 2019," Nigeria, fourth,...
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CÉMAC’s unified financial market prepares IPOs

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...
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Cameroon registers 40% execution of Public Investment Budget in Q1 2020

Due to the difficulties recorded in the execution process and further accentuated by the Coronavirus pandemic, several regions have been affected by this pandemic. In the Central region, for example,...
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Prices of Basic commodities in Cameroon increase by 2.5%

As part of conservative measures, the National Institute of Statistics proposes to the government, in order not to reach the Community inflation threshold: "to continue to ensure that the market...
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Cameroon begins Budget programming conference to fine-tune Public spending

According to the Minister of the Economy, Alamine Ousmane Mey, “Cameroon has chosen strategic planning based on results-based management to conduct its public policies. At the heart of this process...
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Cameroon suspends 5th phase of Economic Partnership Agreement over COVID 19 constraints

Cameroon has based its action on Article 31 of the EPA Statutes which states that the country is free to suspend EPA operations if they are faced with exogenous shocks....
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United Nations Economic Commission for Africa launches Price watch list for Africa

In the same vein, Cameroon’s Minister of Economy, Planning and Regional Development - Alamine Ousmane Mey - said “We need to strengthen the relationships between national information and statistics institutions...
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Cameroon and Gabon in search of 42 billion FCFA in the BEAC market

As was already the case on August 5, 2020, the Cameroonian Treasury has entered the money market on August 12 with Gabon, also trying to raise 12 billion FCFA, through...
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Digital culture in Cameroon: “17.8% of households use the internet” – MINPOSTEL

To date, MINPOSTEL indicated, “20,000 km of optical fiber have been laid across the country, with urban loops in the 58 departments. There are also four submarine cables installed to...
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Congo adopts Financial reforms for the next decade

According to the Minister Delegate in charge of the Budget, Ludovic Ngatsé, the global strategy for piloting the 2020-2029 public finance reforms reflects the government's will. "This dynamic of reforms,...
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35th Session of the Ministerial Council of UEAC ongoing in Yaounde today

This Council, which is held the day after the Inter-State Committee organized in Yaoundé on August 4, 2020, will allow the Ministers of Economy and Finance of CEMAC member States...
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Congo-Cameroon Optic fibre inter-connection works launched

The second phase of the Central Africa Backbone (Cab-Congo) project, of approximately 347km of fiber, was officially launched on August 8 in Ntam, a border town, by the Congolese Minister...
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Christophe Eken begins 4th term at Cameroon’s Chamber of Commerce, Mines, Industries and Craft

Economic operator, promoter of projects in the cassava processing sector, Christophe Eken thus begins his 4th consecutive mandate at the head of CCIMA after elections were held last month.
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Chevron’s entry into Equatorial Guinea and Cameroon could be a Turning Point for Central Africa’s Gas Industry

Chevron is indeed a true gas player in the African market. In Nigeria, it has been leading natural gas commercialization efforts for decades through its Escravos projects targeting the monetization...
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