Business in Cameroon | Société Anonyme des Boissons du Cameroun (SABC) has signed a financing agreement to construct a stadium in Kumba, a city located in Cameroon’s crisis-hit Southwest region. The deal, valued at 500 million CFA francs, marks the second installment of a 1 billion CFA franc commitment from …
Read More »Un groupe canadien exige 16 milliards de FCFA pour le chantier à l’arrêt du complexe sportif d’Olembé
RFI | Le conflit entre le gouvernement camerounais et l’entreprise Magil se poursuit concernant la construction du complexe sportif d’Olembé, à l’arrêt depuis deux ans. Magil réclame environ 16 milliards de francs CFA (25 millions d’euros) au gouvernement. De son côté, ce dernier estime que le groupe canadien a manqué …
Read More »Chinese firm lauded as road emergency responder in Cameroon
After a deadly landslide on Cameroon’s notorious “death path,” a Chinese firm swiftly restored access and is now constructing a safer bypass. YAOUNDE, May 20 (Xinhua) — In Cameroon’s West Region, a narrow and steep road near the town of Dschang, connecting the region to the country’s commercial hub of …
Read More »Le Cameroun autorise un emprunt de 200 milliards FCFA sur les marchés internationaux pour l’exercice 2025
Dans une démarche visant à assurer la stabilité financière et la fluidité des opérations de trésorerie de l’État, le Président de la République du Cameroun, Paul Biya, a signé le décret n° 2025/211 du 19 mai 2025. Ce texte autorise le ministre des Finances à contracter des emprunts sur les …
Read More »Camtel Cuts Internet to Chad Over Unpaid Bills
On May 14, 2025, Cameroonian telecom provider CAMTEL cut Internet access to Chad, citing unpaid debts from its Chadian partner, SOTEL Tchad. The move exposed Chad’s heavy dependence on Cameroonian infrastructure for connectivity, as the landlocked country relies on CAMTEL to access submarine cables since a 2015 agreement. In response, …
Read More »U.S. Proposes New 5% Tax on Money Transfers Abroad by Foreign Nationals: What It Means for Cameroonians Living in America
Sending money back home is a deeply rooted practice for many Cameroonians living in the United States. It is not just about finances—it is about family, duty, and staying connected to one’s roots. However, a new tax proposal making its way through Congress threatens to make this essential act of …
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