Business in Cameroon | On December 13, in Douala, Cameroon, German insurer Allianz and South African insurer Sanlam officially announced their merger. The merger, which was finalized after an extraordinary general meeting of their Cameroonian subsidiaries on July 22, has created two new companies: SanlamAllianz Cameroun Assurances, which handles general …
Read More »Nigeria’s Dangote Refinery makes first petrol export to Cameroon
ABUJA (Reuters) – Nigeria’s Dangote Refinery said on Wednesday it has made its first export of petrol to Cameroon, a milestone that could pave way for regional energy integration and help stabilise fuel prices across the region. The 650,000 barrel refinery built by Nigerian billionaire Aliko Dangote in Lagos aims …
Read More »Douala Port Awards $3.8mln Dock Fender Replacement Contract to French Firm
Business in Cameroon | The Port Authority of Douala (PAD) has selected the French company Entreprise Jean Negri et Fils (EJN Negri) to replace the cylindrical dock fenders along quays 1 to 13 at the Douala port. This decision follows an international tender process launched on September 24, according to …
Read More »La grève des camionneurs camerounais fait mal à la RCA
DW | Les transporteurs ont cessé leurs activités pour protester contre l’assassinat de l’un des leurs par des mercenaires présumés du groupe Wagner. Nous sommes au marché central de Bangui. Le va-et-vient habituel des vendeurs et des acheteurs ne suffit pas à masquer l’impact de cette crise sur les opérateurs …
Read More »Cameroon seals landmark road deal with Italian SMEs
TXF | Cameroon recently signed an ECA-backed loan for a strategic national road project. The deal has provided a financial blueprint for SME exporters to get involved in future such deals in the country – if they are willing to shoulder complex and lengthy deal timelines. The Ministry of Economy …
Read More »Douala Port Resumes CFA10bn Project to Remove 50 Shipwrecks
Business in Cameroon | The Italian company Lucatelli, specializing in port works, has resumed its contract to remove 50 abandoned shipwrecks from the quay at Douala Port. The direct-award contract, worth over CFA10 billion, was initially signed in November 2021, with work beginning in March 2022 and scheduled to last …
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