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Cameroon to start consuming locally produced oil products

Cameroon to start consuming locally produced oil products

Cameroon should finally be able to consume its own oil, with CFA 45 billion loan that a local bank recently granted to the National Refinery Company (SONARA), an official source told APA on Monday.
Under the terms of the agreement, the first phase of the project aims at maximizing the use of crude oil produced in [...]

February 8 2010 | Posted in Business, English, Headlines | Read More »

More gas underneath Douala!

More gas underneath Douala!

Fox Davies Capital today published a report on Victoria Oil & Gas (VOG.L, LSE:VOG) entitled “More Gas Underneath Douala!”. In summary, the report says:
“Event
Victoria Oil & Gas Plc announced an update on the passive seismic spectroscopy survey at its Logbaba gas and condensate project (“Logbaba”) in Douala, Cameroon. The data is the first new geophysical [...]

February 4 2010 | Posted in Business, English, Headlines | Read More »

No more scarcity of cooking gas

No more scarcity of cooking gas

The Director General of the Hydrocarbons Prices Stabilisations Fund revealed the good news as he received New Year wishes in Yaounde.
There is good news for households. This year, people will not have to carry cooking gas bottles on their heads and move for long distance in search of gas. The General Manager of the Hydrocarbons [...]

February 3 2010 | Posted in Business, English | Read More »

Cameroon 2009 coffee production rises 53%

Cameroon 2009 coffee production rises 53%

Cameroon’s coffee production rose 53 percent year-on-year in 2009, statistics published on Friday by the National Cocoa and Coffee Board (NCCB) showed. The Central African country produced 48,123 tonnes in 2009, up from 31,525 tonnes in 2008. Much of the increase came from robusta coffee, output of which was 44,378 tonnes, up from 28,050 tonnes. [...]

January 29 2010 | Posted in Business, English, Headlines | Read More »

Toyota suspending sales of 8 models involved in accelerator sticking recall

Toyota suspending sales of 8 models involved in accelerator sticking recall

Toyota is suspending sales of eight car and truck models to fix sticking gas pedals and halting production lines at plants from Texas to Ontario to deal with the problem, the latest to confront the world’s No. 1 automaker.
The suspended sales in Canada and the U.S., announced Tuesday, involve a significant portion of Toyota Motor [...]

January 27 2010 | Posted in Business, English | Read More »

CAMRAIL va acheter 14 nouveaux wagons

CAMRAIL va acheter 14 nouveaux wagons

Un appel d’offres vient d’être lancé à cet effet par l’entreprise.
Quatre voitures de première classe assises, quatre voitures de première classe à deux lits par chambre et six voitures de première classe à quatre lits par chambre. La CAMRAIL souhaite acquérir de nouveaux wagons susceptibles d’améliorer le confort des usagers, comme c’est déjà le cas [...]

January 27 2010 | Posted in Business, Français | Read More »

Le four solaire bientôt fabriqué au Cameroun

Le four solaire bientôt fabriqué au Cameroun

Un collège français se propose de transférer la technologie à des associations de femmes camerounaises.
La technologie est pratique et très économique. En fait, le four solaire ne consomme rien. Il suffit juste de s’armer d’un peu de patience pour avoir son repas cuit à point et à feu doux. Un atout majeur, en cette période [...]

January 26 2010 | Posted in Business, Français | Read More »

Boosting Water & Energy Supply – Cameroon Woos Foreign Investors

Boosting Water & Energy Supply – Cameroon Woos Foreign Investors

Cameroon International Energy and Water Investment Conference opens next Wednesday.
Preparations are gearing up in Yaounde ahead of the first-ever Cameroon International Energy and Water Investment Conference (CIEW) which will serve as an opportunity for the country to sell its water and energy potentials to foreign investors with the hope of attracting them into the sector.
Organised [...]

January 19 2010 | Posted in Business, English, Headlines | Read More »

Victoria Oil & Gas Update on Logbaba Natural Gas Project, Cameroon

Victoria Oil & Gas Update on Logbaba Natural Gas Project, Cameroon

• Logs at Well La-105 indicate at least 65 feet of very good quality sandstone pay with additional potential of further 260 feet
• Well La-105 being completed for flow testing in this quarter
• Spudding of Well La-106 expected in February
Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration and development company with assets [...]

January 19 2010 | Posted in Business, English | Read More »

Asky s’est lancée

Asky s’est lancée

Une nouvelle compagnie panafricaine est née. Asky a effectué son vol inaugural le 14 janvier entre Lomé et Ouagadougou, au Burkina Faso. Depuis le 15 janvier, elle réalise des vols commerciaux réguliers depuis sa base togolaise vers plusieurs destinations d’Afrique de l’Ouest.
Douze destinations figurent actuellement au programme de vols : Abidjan (Côte d’Ivoire), Accra (Ghana), [...]

January 19 2010 | Posted in Business, Français | Read More »