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José Miguel Obiang Nchama appointed new General Manager of BANGE Bank Cameroon

The Former Director of internal audit of Bange SA, takes the reins of the Cameroonian subsidiary of the Equatorial Guinean bank. His appointment comes in a difficult context, three years...
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Afriland First Bank to implement funding for Post-COVID 19 SME Recovery

The amount allocated by the Islamic Development Bank to the leader in finance in Cameroon is part of post-Covid19 financing and will support small and medium-sized enterprises. According to the...
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Baloumgou Development Committee organizes Excellence Award, 200 pupils and students benefit

The Baloumgou Development Committee recently organized the second edition of the Academic Excellence Award, a ceremony marked by the distinction of nearly 200 pupils and students. More precisely, 200 young...
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Cameroon earmarks 29.000km of roads for Rehabilitation

he regional meetings ended on July 19, across the national territory. The meetings aimed, among other things, at the effectiveness of the interventions carried out on the national road network...
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Cameroon mobilizes 355 Billion FCFA for Internal Debt Settlement and funding of Projects

In a press release made public on July 31, 2024, Louis Paul Motaze set the national opinion on the direction that will be given to the 550 million USD, or...
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BANGE Bank launches Agri-banking solution

Strengthening the competitiveness of farmers, cooperatives and agro-industrial companies is the framework for action targeted by the implementation of this banking solution. A pillar of the Cameroonian economy, agriculture is...
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COBAC stops Cameroon transfer of ”Sleeping Funds” to Deposit and Consignment Fund CDEC

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

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...
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IRAD to spearhead Rice Development Project in Cameroon

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...
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Cameroon Domestic debt repayment falls by 32%

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

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

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...
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Cameroon Reviews 2024 State budget by 7.9% Increase

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...
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Douala and Kribi Ports reject World Bank Port rankings

 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...
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