Business in Cameroon | On February 19, 2020, in Yaoundé, British firm The First Group’s executives presented investment opportunities in the real estate sector in Dubai to Cameroonian economic operators. According to official sources, this presentation was aimed at wooing Cameroonian investors into acquiring assets in The First Group’s real estate projects in …
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Business in Cameroon | Equipped with pink vests and helmets, 250 motorcycle taxis now roam the streets of Douala, on behalf of French start-up Heetch, the government daily Cameroon Tribune reveals. Indeed, on May 8, 2019, Heetch announced the success of a fund-raising operation of €34 million euros (about XAF23 …
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YAOUNDE, Feb. 21 Xinhua | Cameroon plans to unveil a new technology hub called “Cameroon Silicon River” in its capital city here by 2030, officials said on Thursday. “Every African country needs to have its own African silicon valley. Cameroon wants to build a silicon nation, that is to say …
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APAnews | Les bureaux d’information sur le crédit (BIC) d’Afrique centrale encourent désormais de lourdes sanctions pécuniaires en cas d’infractions dûment constatées, a appris APA jeudi au terme d’une instruction signée du gouverneur de la Banque centrale (BEAC), Abbas Mahamat Tolli. Classés en deux catégories, lesdits manquements seront désormais passibles …
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Business in Cameroon | Société Anonyme des Brasseries du Cameroun (SABC), a subsidiary of the French group Castel, indicates it recorded a consolidated net profit of about XAF16 billion in 2019. Year over year, this is down by about 34% if compared with the XAF24.3 billion recorded in 2018. The …
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Business in Cameroon | “ Even if one would criticize it, except for South Africa, in the sub-Saharan part of Africa (…) the Cameroonian railway is much better.” This is the general appreciation made by Jean Joseph Aouda about Cameroon’s railway while comparing it to that of some other African …
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