Business

CEMAC Risks Losing Billions as Oil Firms Resist Currency Repatriation

July 2, 2025 Business, English Comments Off on CEMAC Risks Losing Billions as Oil Firms Resist Currency Repatriation

Business in Cameroon | CEMAC faces a major setback as oil and mining companies refuse to repatriate CFA6,000 billion earmarked for site rehabilitation, despite a deadline that expired on April 30, 2025. The Bank of Central African States (BEAC) and governments in Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and the …

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Kribi Port Revenue Up 24% as Cargo Traffic Reaches 12.7mln Tons in 2024

July 1, 2025 Business, English, Top Comments Off on Kribi Port Revenue Up 24% as Cargo Traffic Reaches 12.7mln Tons in 2024

Business in Cameroon | The Port Authority of Kribi (PAK) reported a significant increase in cargo traffic and revenue for 2024, with total goods handled at the deep-water port reaching 12.7 million tons, up from 10.7 million tons in 2023. Financial results presented on June 27, 2025, during the PAK’s …

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