Business in Cameroon – At end 2020, the Youth Agro-pastoral Entrepreneurship Promotion Program (Youth AEP – PEA Jeunes in French), funded by the International Fund for Agricultural Development (IFAD), was 53.86% completed, according to the 2015-2020 summary published by the national coordinator Alfred Bela Tomo on January 19, 2021. According …
Read More »Cameroon: Estimated at 140,170 tons in 2020, local rice production covered only 24% of demand, MINADER reveals
Business in Cameroon – In 2020, Cameroon’s local production covered just 24.3% of its rice demand, according to figures published by the Ministry of Agriculture (MINADER). According to the MINADER, the country produced 140,170 tons of rice while the demand was estimated at 576,940 tons, revealing a gap of 436,779 …
Read More »Tradex orders 38,100 smart gas cylinders to renew existing ones
Business in Cameroon | Turkey-based company Evas Ev Aletleri San A.S. has recently been declared the successful bidder for a contract to supply commercial butane gas cylinders to state-owned oil company Tradex, according to an announcement published by the contracting company. The Turkish company, operational since 1985, will supply 38,100 …
Read More »2e employeur au Cameroun après l’État, l’agro-industriel CDC affiche une perte de près 18 milliards de FCFA en 2019
Investir au Cameroun | Selon le rapport 2019 de la Commission technique de réhabilitation des entreprises du secteur public et parapublic (CTR), la Cameroon Development Corporation (CDC) a enregistré un résultat net négatif de 17,9 milliards de FCFA en 2019. «?Cette contreperformance s’explique notamment par la baisse du niveau d’activités …
Read More »Cameroon seeks equipment suppliers for 3 milk processing units in the North-West
Business in Cameroon | The Cameroonian Ministry of Livestock, Fisheries and Animal Industries (Minepia) recently launched an open international tender for the design, supply, and installation of equipment for three milk processing plants and milk collection points in the North West. The three processing units and the collection points will …
Read More »Cameroon disburses XAF10 bln to prevent social unrests at Camwater
Business in Cameroon | The state of Cameroon has released XAF10 billion to settle the social situation within Cameroon Water Utilities (Camwater), authorized sources confirm. On November 18, 2020, Magloire Seraphin Fouda (Secretary-General of the Prime Minister’s Office) sent a letter to Finance Minister Louis Paul Motaze. The letter explained …
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