Business in Cameroon | Today October 15, in Yaoundé, Minister of Finance Louis Paul Motaze is presiding over the officialization of a repayment plan for a XAF261.4 billion debt (both principals and interests) owed by Société Nationale de Refininage (Sonara) to a group of nine banks. The said banks are …
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UN News | Anastasie Obama, a Cameroonian woman who set up her own smoked shrimp business, has been recognized by the UN’s Food and Agriculture Agency (FAO) as a Food Hero, for her contribution towards unlocking the potential of selling shellfish locally and abroad. Cameroon sits on the Atlantic coast …
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TechCrunch | The adoption of cryptocurrency in Africa varies regionally. While countries with currently unstable currencies like the naira are seeing immense usage, other regions using the CFA franc have sparse adoption. A region of more than 200 million people using the CFA franc, Francophone Africa is one of the …
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Business in Cameroon | Cameroonian petroleum products distributor Gulfin S&T Co S.A. merged by absorption with Camship-CLGG, which is the result of another merger between Cameroon Shipping Lines (Camship), and Consignation et logistique du golfe de Guinée (CLGG). The merger was disclosed in a legal announcement published on September 30, …
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Investing.com | A man removes water from a fishing boat in Idenau, Cameroon. Illegal activity by foreign fishing companies has depleted fishing stocks. Ann Johansson/Corbis via Getty Images)In Cameroon there is growing awareness that there’s a direct relationship between illegal and unregulated activity in the fisheries sector, and maritime security …
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Business in Cameroon | Minister of Urban Development Célestine Ketcha Courtes recently published the result of two tender procedures launched in the framework of a pilot Bus Rapid Transit (BRT) project in Douala, a flexible transport system that can be adjusted to the configuration of the town served. The first …
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