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cameroon

Cameroon Government launches 2021 Budget Execution

The 2021 budget is being carried out in a context marked by the health crisis linked to Covid-19 but also the security crises in the Far North, North West and...
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Cameroon seals deal with DTA to promote Digital Economy

According to the Minister: “Today's signing of the convention further concretizes this dynamic of transformation that our country must face. This is in line with the message that the Head...
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Cameroon Finance Ministry outlaws cash payment of Taxes

The Minister also establishes the electronic payment as a mode of compulsory payment of taxes and duties for large companies falling within the portfolio of the management of large companies....
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African countries to reflect on Transport infrastructure

The participants in this continental meeting will discuss the need to change the paradigm; the thorny issue of funding and the notion of risk; the central role of innovation and...
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Fifth phase of Cameroon – EU Partnership Agreement

The import customs duty (DDI) of the concerned products of group 2 will be reduced by 60%; the other duties and taxes remaining unchanged and the customs import duty (DDI)...
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Cameroon seals post-BREXIT Partnership Agreement with the UK

The United Kingdom is committed to supporting developing countries by encouraging growth through trade. The preferential terms for their key exports, such as bananas, will support jobs and economic development...
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Cameroon publishes Export bulletin for the year 2020

As regards the exports of manufactured products, “the drop was mainly supported by the drop in exports of processed wood (sawn wood -11.7%, wood pasture sheets -23.5%). Also, exports of...
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Government orders Contractors to use “legal” Cameroonian wood in the execution of public works

“Henceforth, therefore, the use of this wood is obligatory in the realization of all the works and supplies forming the object of public order… It is a question for the...
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Cameroon projects 3.3% growth rate for 2021

According to the Director-General of Budget at MINFI, some of these measures have been taken into account in the state finance bill for the 2021 fiscal year. Cyril EDOU ALO'O...
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CONAC names Finance sector as the most corrupt in Cameroon in 2019

The sectors that have fatally contributed are Finance and Industry. The General Treasury of Nkongsamba (Littoral) alone recorded a financial hole of 7,240,056,493 (seven billion two hundred and forty million...
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Germany provides 33 billion FCFA funding for reproductive health and rural infrastructure development in Cameroon

In detail, the first agreement falls within the framework of technical cooperation. Worth 32 million euros, the latter is devoted to financing local development, civil status, and regional planning. The...
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Cameroon’s Prime Minister inaugurates Douala Grand Mall

The project team indicates that the second phase of the project is preparing calmly and the 30 billion FCFA for its implementation have already been mobilized. It will include a...
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Cameroon Government and SGB seal 25 billion FCFA for SME’s

The Director of this bank says that the opening of this line of credit is part of the initiative called "Grow With Africa". Its objective is to "strengthen the bank’s...
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Cameroon’s Mobile Telecom operators lose 118 billion in two years

“This crisis is resulting in huge financial losses for all players in the ICT sector. By way of example, the members of our Association alone lost 96 billion CFA in...
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