Business in Cameroon | Cameroon’s Minister of Water and Energy, Gaston Eloundou Essomba, officially opened the new liquefied petroleum gas (LPG) filling center in Bamenda last May 9. The facility was financed with CFA6 billion by the Hydrocarbons Price Stabilization Fund (CSPH) and took 30 months to build on a …
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Business in Cameroon | Cameroon’s Finance Minister Louis Paul Motaze recently issued a strong warning to individuals engaged in unauthorized currency exchange. He raised concern over the growing spread of street-level trading, particularly in Yaoundé and Douala. The minister noted that this illegal activity is being carried out by people …
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YAOUNDE, May 9 (Xinhua) — Cameroonian authorities on Friday inaugurated the second phase of Kribi Deep Seaport in the southern part of the country, noting that the new maritime facility opens a new vista of economic development for the Central African nation. Constructed by the China Harbor Engineering Company Ltd. …
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TechAfrica News | CAMTEL and Cameroon’s Ministry of Health sign a framework agreement for secure, high-speed internet and data solutions for healthcare facilities. CAMTEL and the Ministry of Public Health (Min-Health) of Cameroon have signed a Framework Convention aimed at enhancing telecommunications services in the country’s healthcare sector. The agreement, …
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Business in Cameroon | Cameroon’s Minister of Employment has refused to renew the work contract of Gregory Christian Michel Brun, the CEO of Sodicam, a subsidiary of Mercure International that manages the Casino and Super U supermarket chains in the country. In a letter dated April 23 addressed to the …
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Business in Cameroon | Cameroon ranks last in a new global index measuring fiber optic development. It placed 93rd out of 93 countries in the 2024 Fiber Development Index, released by the World Broadband Association (WBBA) and UK-based telecom research firm Omdia. The country scored just 4 out of 100 …
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