Business in Cameroon | Cameroon’s tax authorities have imposed a new tax on all used vehicles entering the country, effective July 1, 2025. The General Directorate of Taxes (DGI) introduced this measure, which adds VAT on inspection and control fees paid through the Single Window for Foreign Trade (GUCE). GUCE …
Read More »CEMAC Risks Losing Billions as Oil Firms Resist Currency Repatriation
Business in Cameroon | CEMAC faces a major setback as oil and mining companies refuse to repatriate CFA6,000 billion earmarked for site rehabilitation, despite a deadline that expired on April 30, 2025. The Bank of Central African States (BEAC) and governments in Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and the …
Read More »Kribi Port Revenue Up 24% as Cargo Traffic Reaches 12.7mln Tons in 2024
Business in Cameroon | The Port Authority of Kribi (PAK) reported a significant increase in cargo traffic and revenue for 2024, with total goods handled at the deep-water port reaching 12.7 million tons, up from 10.7 million tons in 2023. Financial results presented on June 27, 2025, during the PAK’s …
Read More »Texmaco Rail décroche une commande historique de 535 Cr INR au Cameroun : Un triomphe pour le “Make for World” indien !
Dans une nouvelle qui fait vibrer le secteur ferroviaire et manufacturier indien, Texmaco Rail & Engineering Ltd a annoncé mercredi avoir obtenu un contrat colossal de 535,6 crores de roupies indiennes (environ 64 millions de dollars américains) auprès d’une entreprise basée en Afrique centrale. Ce contrat porte sur la fourniture …
Read More »Cameroon’s Kribi Strategic Hydrocarbon Reserve Project: A Game-Changer for Central Africa
According to Investir au Cameroun, Cameroon is set to revolutionize its energy landscape with the development of a strategic security depot for fuel storage in the Kribi port area. This ambitious project, with a capacity of 250,000 to 300,000 metric tons, is estimated to cost $200 million (approximately 114 billion …
Read More »Cameroon Beats African Internet Average Despite Broadband Gap
Business in Cameroon | Over 40% of Cameroon’s population used the internet individually in 2023, excluding business and collective entity connections. This figure, highlighted in the International Telecommunication Union’s (ITU) April 2025 report, “State of digital development and trends in the Africa region: Challenges and opportunities,” places Cameroon above the …
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