Business

CameroonOnline.ORG | Cameroon’s national refinery, Sonara, with a capacity of 42,000 barrels per day, has been offline since a devastating fire in 2019. The government has now approved a rehabilitation initiative called Parras 24, which will restructure and repair the facility within two years, with operations expected to resume in …

CameroonOnline.ORG | South Africa’s Nedbank Grouphas taken a decisive step in reshaping its regional strategy by selling its 21.2 percent stake in Ecobank Transnational Incorporated (ETI) for $100 million. The buyer, Bosquet Investments, is controlled by Alain Nkontchou, a financier with longstanding ties to Ecobank as a former chairman and …

CameroonOnline.OTG | Cameroon is set to become one of the latest African markets to gain access to a major international gift card exchange platform. 1MinutePay, previously operating in select regions, has announced a strategic rebranding alongside its expansion into three new countries: Kenya, Cameroon, and South Africa. For Cameroon, this …

CameroonOnline.ORG | According to a report by Reuters, Cameroon has, for the first time, exceeded its annual cocoa production target of 300,000 metric tons during the 2024/2025 season. This milestone marks a significant achievement for the Central African nation, which ranks as the world’s fifth-largest cocoa producer. Speaking at the …