Business

Cameroon Unveils Seven-Pillar AI Strategy to Become Africa’s Leading Hub by 2040

• Cameroon launched its AI strategy to become Africa’s leading hub by 2040, with goals for jobs, training, and GDP growth.• It focuses on governance, infrastructure, local language models, edge computing, talent, and regional cooperation.• The IMF ranks Cameroon low in AI readiness (0.34/1), citing gaps the strategy aims to …

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MTN and Orange Fined Again for Poor Service in Cameroon

CameroonOnline.ORG | Millions of Cameroonians continue to pay full price for mobile networks that fail to deliver. According to multiple news sources, Cameroon’s telecom regulator, TRB, has fined MTN and Orange a combined 2.6 billion CFA francs (about $4.6 million) for poor service and unfair pricing practices. Inspections across major …

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Cameroon Imposes New Tax on Used Vehicle Imports

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 …

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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 …

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