Business

Embezzlement Scandal at SOPECAM: 300 Million FCFA Missing

SOPECAM is in turmoil following a significant financial scandal. According to Cameroon Magazine, Marthe Ngo Bassomo, coordinator of the commercial and marketing department, is accused of embezzling over 300 million FCFA [$490,831.65 (USD)] to invest in LIYEPLIMAL, a platform created by fugitive Émile Parfait Simb. This incident exposes severe internal …

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French Entrepreneur Launches Million-Dollar Chocolate Factory in Cameroon

Business in Cameroon | French entrepreneur Olivier Bordais has initiated the construction of a chocolate factory worth nearly one billion FCFA (€1.5 million) in Cameroon. The groundbreaking ceremony for the project, located in Obala, one of Cameroon’s cocoa production hubs about thirty kilometers north of Yaoundé, took place on May …

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Dans 48 heures, les billets de banque de la gamme 1992 n’auront plus aucune valeur dans la Cemac

Investir au Cameroun | Dans un communiqué que vient de publier l’Agence de la Banque des États de l’Afrique centrale (Beac) de Garoua, dans la partie septentrionale du Cameroun, les détenteurs des billets de banque de la gamme 1992 (photo ci-dessus) des régions du Nord, de l’Extrême-Nord et de l’Adamaoua, …

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