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cameroon

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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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Cameroon secures 400 thousand hectares of land to promote Import-Substitution

December 23, 2024By
To address Cameroon’s high food dependence on imports, the government has launched a vast land security project covering 400,000 hectares on the Yoko-Lena-Tibati corridor. The aim is to stimulate local...
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SONARA plans to construct a Hydrocracking Unit in its Rehabilitation plan

December 20, 2024By
The SONARA rehabilitation project, which was severely affected by the 2019 fire, is entering a new phase. The Cameroonian government, with the support of the IMF, is examining the feasibility...
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CEMAC Meet in Emergency Conclave to address Urgent Challenges

December 16, 2024By
The heads of state of the Economic and Monetary Community of Central Africa (CEMAC) are meeting on Monday in Yaoundé for better coordination in the face of worrying warning signals...
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Douala – Bangui Corridor resumes business after Crisis talks

December 5, 2024By
After several weeks of blockage, the Douala-Bangui corridor is back to life thanks to fruitful negotiations between Cameroon and the Central African Republic. Joint action by the authorities of the...
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Fuel price hikes feared as Cameroon drops Subsidy by 248 Billion FCFA in 2025

December 3, 2024By
According to the draft law n°2074/PJL/AN relating to the finance law of the Republic of Cameroon for the financial year 2025, the fuel subsidy will be set at only 15...
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Cameroon tables estimated 2025 State Budget of 7317 Billion FCFA to Parliament

December 2, 2024By
The Cameroonian government has submitted to Parliament its draft budget for 2025, estimated at 7,317.7 billion CFA francs, a slight increase compared to 2024. This envelope places emphasis on public...
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Cameroon home production of Palm Oil declines as Imports soar

November 30, 2024By
Despite colossal investments and jobs generated, the oilseed sector in Cameroon remains under pressure. With a structural deficit of 160,000 tonnes of crude palm oil and increasing imports, the challenges...
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