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cameroon

FODECC to give 10.5 Billion FCFA Subsidy to Cameroon Cocoa and Coffee farmers

According to information provided by the Ministry of Agriculture and Rural Development, the State will contribute 6.3 billion FCFA, while the Central African Forest Initiative (Cafi) will supplement with a...
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FAO and Cameroon Government seal 1 billion FCFA Convention to boost Agro-pastorial sector

Mitigating the short-term impacts of food and nutritional insecurity in targeted areas, strengthening economic, climatic and community resilience these are the outlines of the framework financing agreement signed on April...
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2 billion FCFA bonuses to Cocoa farmers in Cameroon

During a press conference held in Yaoundé, the Minister of Commerce, Luc Magloire Mbarga Atangana, announced the allocation by the Cameroonian government of quality bonuses, amounting to 2 billion FCFA,...
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CAMAIR-Co announces Point Noire route

In a dynamic of expansion, Camair-Co, the national airline of Cameroon, has just announced the addition of Pointe-Noire, economic capital of Congo, to its network of destinations. This announcement comes...
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 Cameroon will invest nearly 500 million CFA francs to produce 30,000 copies of the General Tax Code

In a national call for tenders marked “under emergency procedure”, the State of Cameroon via the Ministry of Finance is seeking structures for the production of the general tax code...
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Increase in Interest rates observed in Cameroon

Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According...
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Cameroon Real Estate Corporation incures 90 Billion FCFA loss in 30 years

These are the shortfalls that the Cameroonian state real estate agent has recorded from 1994 to date. “In 30 years we have estimated the loss at around 90 billion that...
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Major Funding Support Announced for Central Africa’s Priority Projects at Upcoming Paris Roundtable

In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by...
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Cameroon, the Miniature Africa, Sustains Its Position as the Economic Leader of Central Africa Subregion

Cameroon, often referred to as the Miniature Africa due to its cultural, geographical, and economic diversity, once again reaffirms its position as the foremost economic powerhouse in the CEMAC (Economic...
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The Economy of Cameroon: Future Perspectives and Positioning in the Central African Sub-Region

This prospective study examines the economy of Cameroon, shedding light on its future prospects and its positioning in relation to other countries in the Central African sub-region. By analyzing key...
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SNH generates over 120 billion FCFA for the State

In detail, "the sales made by SNH have generated, after deduction of charges, CFAF 121.68 billion in revenue for the State. In addition, SNH paid the State 10 billion FCFA...
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Ecobank Cameroon launches ‘Ellevate’ programme to empower women-led businesses

The official launch of the ‘Ellever’ program by Ecobank Cameroon took place on March 30th, 2021 in Douala with the presence of administrative authorities and several women entrepreneurs and business...
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Cameroon and ITFC seal 250 million US Dollar deal to strengthen Economy

According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support...
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Cameroon opts for Indian model to strengthen Entrepreneurship

Also, the two personalities paid careful attention to the export component. The two countries are already considering a roadmap to facilitate the export of handicraft products.
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