In the last quarter of 2023, the forestry and timber industry emerged as the primary driver…
Category: BUSINESS
Cameroon’s economy grows 3.1% in Q4 2023 despite oil sector slowdown
Cameroon’s economy saw a 3.1% growth in the fourth quarter of 2023, according to a report…
UBA Group pushing investment frontiers to promote SMEs
By NDUMBE Bell Gaston in Douala. The United Bankfor Africa (Group) has initiated another game changer…
Ecobank Group named best SME Bank in 2024 by Global Finance
BY Ndumbe Bell Joseph Gastonin Douala. Ecobank Group has been awarded the distinction of being the…
AfDB inaugurates Central Africa regional office in Yaoundé, Cameroon
The African Development Bank Group (AfDB) is set to officially open its new regional office for…
Afriland Bourse & Investment CEO warns of overreliance on state bond debt in CEMAC markets
In an interview with Business in Cameroon, the CEO of Afriland Bourse & Investment expressed concern…
BEAC withdraws CFA63bn in a week to curb CEMAC inflation
The Bank of Central African States (BEAC) has successfully withdrawn a total of CFA63 billion from…
Cameroon shipped over CFA6bn worth of chocolate and cocoa products in 2022
In 2022, Cameroonian producers of chocolate and other cocoa-based products shipped a total of 3,338 tons…
Camwater dismantles “vast” fraud network in Yaounde
State-owned water utility, Cameroon Water Utilities (Camwater), announced on Monday it uncovered and dismantled a “vast”…
Beac targets $250 million withdrawal from regional banks to tackle inflation, despite previous setback
The Bank of Central African States (Beac) plans to initiate three bond issuances targeting the community’s…