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Stratex International Plc to invest about CFA1 billion in BEIG3’s Bibémi and Wapouzé gold mining project

Business in Cameroon | This day June 12, 2018, Stratex International Plc announces that it has concluded a conditional option agreement with  Bureau d’études et d’investigations géologico-minières, géotechniques et géophysiques Sarl (BEIG3) in the framework of its gold mining project in Bibémi and Wapouzé, in North Cameroon. Thanks to fundraising operations …

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Barely 30% of CEMAC’s microfinance institutions transmit credible reports to CABC

Business in Cameroon | For about a month now, the Central African Banking Commission (CABC) has been popularizing the use of its platform “E-Sesame” for the elaboration of microfinance institutions’ reporting framework. According to Maurice Christian Ouanzin, the commission’s general secretary, this platform will help correct the reporting mistakes usually …

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Cameroon: Timber exports to EU down in Q1 2018

APAnews | Cameroon log exports to the European Union (EU) in the first quarter of 2018 amounted to 3,400 metric tonnes of wood, representing a drop of 11 percent, compared to the same period last year. A document from the International Tropical Timber Organization (ITTO) seen by APA said the …

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