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cameroon

PROMOTE 2021 goes virtual

Driven by a discourse built around a new organizational form, the Minister of Commerce (mandate of the Government) and the international foundation Inter-Progress (agent in charge of the technical organization...
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Cameroon consortium KPMO to invest over 1500 billion FCFA to exploit the mineral platform of the Kribi port

The consortium's investment envisages the construction of an ore terminal includes the construction of 2 berths of 350 m each, with an evacuation capacity of more than 100 million tonnes...
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Cameroon Government seals 10 billion FCFA deal with BGFI to assist Enterprises affected by COVID 19

“For us, the main thing is first to preserve the jobs of SMEs. Then they must come so that we can find together the conditions for relaunching their activities, ”said...
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MTN Group promotes wearing a mask in new campaign to stop propagation of Covid-19

“Wearing masks is seen today as the most effective preventative measure to slow the spread of the virus and protect others. MTN, as a responsible corporate citizen wants to contribute...
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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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