Business

CameroonOnline.ORG | The International Monetary Fund (IMF) has announced a fresh disbursement of approximately $148 million to Cameroon, as part of its ongoing financial support programs. This installment, recently approved by the IMF’s Executive Board, brings the total funds allocated to Yaoundé to $956 million (approximately €814 million), out of …

RFI | Cameroon has announced that 99% of its cocoa can now be traced from individual farm plots to the export port – a significant step towards meeting new European Union sustainability requirements. Accoridng to the minister of trade, Luc Magloire Mbarga Atangana, who chaired a forum in Yaoundé assessing …

July 15 (Reuters) – Societe Generale (SOGN.PA), opens new tab has agreed to sell its Cameroon subsidiary to the State of Cameroon, the France-based international banking group said on Tuesday. The sale of Societe Generale Cameroun, the value of which was not disclosed, will cover more than 58% shares in the subsidiary, …

• Cameroon launched its AI strategy to become Africa’s leading hub by 2040, with goals for jobs, training, and GDP growth.• It focuses on governance, infrastructure, local language models, edge computing, talent, and regional cooperation.• The IMF ranks Cameroon low in AI readiness (0.34/1), citing gaps the strategy aims to …

CameroonOnline.ORG | Millions of Cameroonians continue to pay full price for mobile networks that fail to deliver. According to multiple news sources, Cameroon’s telecom regulator, TRB, has fined MTN and Orange a combined 2.6 billion CFA francs (about $4.6 million) for poor service and unfair pricing practices. Inspections across major …