In his recent circular relating to the preparation of the 2024 State Budget, President Paul Biya…
Category: BUSINESS
Cameroon: Critical analysis of the circular letter relating to the preparation of the 2024 budget
By Louis-Marie Kakdeu The President of the Republic signed on August 30, 2023 the circular letter…
Digital project seeks to improve productivity for 70,250 small farmers and livestock breeders
Last August 23, Minister of Posts and Telecommunications Minette Libom Li Likeng, officially launched the Digital…
BEAC steps up liquidity absorption to further restrict access to credit
Between August 7 and 11, 2023, BEAC, the central bank of CEMAC countries, carried out a…
Cameroon counts 900,000+ crypto users, 11th largest population in Africa – Study
Cameroon counts almost 900,000 cryptocurrency users, representing 6.76% of its active population. The figure is contained…
MTN announces FCFA135bln+ investment over three years but the Danpullo affair could be an obstacle
MTN plans to invest over $200 million (over FCFA 120 billion at current dollar value) in…
Kribi Container Terminal secures FCFA12 billion loan to boost operating capacities
Kribi Container Terminal (KCT), the concessionaire of the Kribi deep seaport’s container terminal, recently signed a…
PAD’s fishing terminal to create 2,000 jobs
BY NDUMBE BELL JOSEPH GASTON IN DOUALA Some 2,000 jobs are to be created at a…
Moody’s rating downgrade hardens credit conditions for upcoming foreign-currency-denominated operation
On July 27, 2023, U.S. rating agency Moody’s published a rating action downgrading “Cameroon’s foreign-currency and…
Commercial Bank Cameroon increases capital by 45.45 percent
BY NDUMBE BELL JOSEPH GASTON IN DOUALA Following the decisions taken by shareholders during an extra-ordinary…