Business in Cameroon | About 40 employees of the Cameroonian airline Fly ZeJet are struggling. In a petition sent on January 9, 2025, to the company’s shareholders, they voiced their distress over the difficult living conditions they have endured since the airline suspended operations on April 30, 2024. The suspension …
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Nairametrics | Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up new opportunities. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank …
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CameroonOnline.ORG | According to a report by Radio France Internationale (RFI), Cameroon failed to meet the December 31 deadline to submit its annual activity report to the Extractive Industries Transparency Initiative (EITI). The government has requested a 10-week extension, citing delays in appointing civil society representatives to the national EITI …
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RFI | Yaoundé devait remettre au plus tard le 31 décembre un rapport d’activité à l’Initiative internationale pour la transparence dans les industries extractives (ITIE), mais ne l’a pas fait. Le Cameroun demande un délai supplémentaire. Le ministre des Mines, Gentry Fuh Calistus, a ainsi écrit à Helen Clark, la …
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Business in Cameroon | The Cameroonian government is offering tax exemptions on electric vehicles to boost sales. Effective January 1, these vehicles are exempt from excise duties, which previously had an import rate of 12.5%. A 50% reduction in the taxable value of newly imported electric vehicles, motorcycles, their batteries, …
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Business in Cameroon | Nachtigal Hydro-Power Company (NHPC) announced that, since December 23, 2024, 300 MW of electricity produced by the Nachtigal Dam is now available in Cameroon’s power grid. The dam, which is being completed in the Central Region of the country, has a total production capacity of 420 …
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