Business in Cameroon | Cameroon’s Minister of Public Works Emmanuel Nganou Djoumessi and Ceco SA CEO Constantin Amouzo signed a commercial contract for the financing and construction of the Ebolowa-Efoulan-Mbango road on July 1. This 60-kilometer road in the southern region, known for its isolation, is set to be awarded …
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africanews | On June 19, the Court of Cassation in Paris ruled in favor of the Port of Douala (PAD) in its dispute with the French group Bolloré over container terminal concessions. The court overturned a previous decision by the Paris Chamber of Commerce, which had ordered the port to …
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DW News | Local fishers in Cameroon claim they are being pushed out of business by giant industrial trawlers who are illegally fishing in their waters. They say they face attacks when out at sea and officials are ignoring their plight. Chinese vessels are reported to be at the heart …
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Tea & Coffee Trade Journal | Dimitra, a blockchain-based operating system for agricultural technology, and Arasco Food BV, an international food trading corporation, has announced a joint pilot project that will digitise, modernise and make compliant coffee supply chains in Cameroon. Led by Dimitra Europe GmbH, a subsidiary of Dimitra Incorporated, this …
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Business in Cameroon | Since February 16, 2024, Cameroon and 16 other member states of the Organization for the Harmonization of Business Law in Africa (OHADA) have authorized seizures of livestock, business assets, electronic money holdings, movable property belonging to third parties, and negotiable debt securities. This decision follows the …
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SOPECAM is in turmoil following a significant financial scandal. According to Cameroon Magazine, Marthe Ngo Bassomo, coordinator of the commercial and marketing department, is accused of embezzling over 300 million FCFA [$490,831.65 (USD)] to invest in LIYEPLIMAL, a platform created by fugitive Émile Parfait Simb. This incident exposes severe internal …
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