Business

Les répercussions des sanctions européennes sur la pêche au Cameroun | +audio

VOA | Au Cameroun, les autorités sont toujours à la recherche de solutions pour contrer la pêche illicite et ainsi lever le “carton rouge” émis par l’Union européenne. Cette mesure, instaurée en janvier 2023, a conduit à l’interdiction des produits de la pêche camerounais sur le marché européen. Plus d’un …

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Cameroon and Angola connect their cross-border networks to subsea cables

Mobile Europe | Camtel and Angola Cables act on their agreement to develop business opportunities in West Africa and the Atlantic region Angola Cables has partnered with Cameroon’s incumbent telecommunications operator, Camtel to expand digital and connectivity services in Cameroon and the West Africa region.The agreement follows an intent by …

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Power outage hits Douala business hub after fire incident

Business in Cameroon | Douala’s administrative and commercial hub has been without electricity since the early hours of May 2, 2024. In a statement released the same day, Eneo revealed that the cause of this disruption was a fire incident at a lumber depot in Ndogsimbi, located in the third …

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Cameroon pays CFA34.7bn in interest to Eximbank China in Q1 2024

Business in Cameroon | Cameroon settled debts totaling CFA148.2 billion ($267 million) to the Chinese Eximbank in the first three months of 2024, as reported by the National Sinking Fund (CAA). Of this amount, CFA34.7 billion represents interest payments, with CFA113.5 billion allocated to principal repayment. These figures mark the …

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Cameroon seizes Starlink kits ahead of service disconnection on April 30

Techpoint Africa | Cameroon is reportedly seizing Starlink kits at its borders because the Internet service provider is not yet licenced in the country. This comes ahead of Starlink’s scheduled discontinuation of service in regions where it is not yet licenced to operate, including Cameroon, on April 30. Meanwhile, Cameroonian …

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Mobile Money usage surges in Cameroon, outpacing traditional banking

Business in Cameroon | The use of mobile money services has “particularly increased” in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or older, according to the results of the 5th Cameroon Household Survey (Ecam 5) released on April 24 by the …

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