Business

French court backs Douala port in Bolloré dispute | + video

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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Cameroon’s coffee supply chain to be digitised and made EUDR compliant

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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Embezzlement Scandal at SOPECAM: 300 Million FCFA Missing

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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Scatec’s Release Shines Brighter in Cameroon with Solar and Storage Boost

Cameroononline | Release, the renewable energy arm of Scatec, is expanding its footprint in Cameroon. The company is adding a substantial 28.6 MW of solar power and 19.2 MWh of battery storage to its existing projects. This move solidifies Release’s commitment to providing clean energy solutions to Cameroon, which is …

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