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 …
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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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Investir au Cameroun | Selon la Caisse autonome d’amortissement (CAA), la banque asiatique China Construction Bank Corporation (CCBC) a annulé son financement de 33 milliards de FCFA, relatif à la phase 2 du projet d’extension du plan du système intelligent de vidéosurveillance. « La convention signée en 2021 pour le …
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TechCabal | MDaaS, a healthcare startup with 16 diagnostic clinics in Nigeria, has opened its first clinic in Cameroon, marking its entry into Francophone Africa. The move is part of the startup’s strategy to mitigate exposure to Naira volatility and boost revenue. “We’re scaling rapidly in Nigeria—we did over 16,000 …
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Business in Cameroon | On September 13, a ship arrived at Kribi Port carrying important equipment from Shanghai Zhenhua Heavy Industries Company Limited. This delivery was significant for the port as it brought five new cranes for the Port Authority of Kribi and marked the first use of the new …
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CGTN | In 2017, China and Cameroon signed an economic and technical cooperation agreement to fund the construction of the new headquarters of Cameroon’s National Assembly. In a few months, the building will be handed over to the Cameroonian government. Our reporter ZHANG SHANHUI explores this new landmark. Cameroon is …
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