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CFA8.38 billion generated by the Chad-Cameroon pipeline between January-April 2018

Business in Cameroon | Between January 1 and April 30, 2018, Société nationale des hydrocarbures (SNH) collected CFA8.38 billion as transit duties on the Chad-Cameroon pipeline for the Cameroonian state. This was revealed by the company’s executive director Adolphe Moudiki. That same period, 12.88 million barrels of crude oil were …

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Cameroon’s Fortress APCs now in action

IHS Jane’s 360 | The Cameroonian Rapid Intervention Battalions (BIR) are now fielding Mack Fortress armoured personnel carriers (APCs), Jane’s confirmed during a visit to the BIR base at Salak, the headquarters of Operation Alpha, the elite force’s deployment in the Far North Region. The vehicles were built by the …

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Cameroon modifies the 2018 finance bill

Business in Cameroon | On June 4, 2018, Paul Biya signed a prescription modifying Cameroon’s 2018 finance bill. In the current bill, the country’s budget which was set at CFA4,513.5 billion is increased to CFA4,689.5 billion (an increase by CFA176 billion). This increase can be explained by the fact that …

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