labah princely

An oil field

The Zina-Makary oil project in Far North Cameroon has been at a standstill for 15 years

The Zina-Makary oil project in Far North Cameroon has been at a standstill for 15 years a situation that reflects the complex interplay of geopolitics, economics, and security concerns in the region. The project, which was initiated with the signing of a production-sharing contract between the Cameroonian government and the Chinese company Yan Chang Logone…

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The Evolution of Currency: BEAC’s New Coins Set to Revitalize Monetary Policy

The Evolution of Currency: BEAC’s New Coins Set to Revitalize Monetary Policy In a bold move to revitalize the monetary policy and tackle the persistent coin shortage in the CEMAC region, the Bank of Central African States (BEAC) has announced the introduction of new coins by December 2024. This strategic decision comes at a crucial…

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President Sako Speaks To The National Journal In Washington DC.”Our cause is legitimate,” Sako said. “Property has been destroyed, lives are being destroyed, and families are being targeted, and we decided to lend support to our communities to organize and resist these invaders” Case of jailed Cameroonians sheds light on the perils of sending aid in foreign conflicts

President Sako Speaks To The National Journal In Washington DC.”Our cause is legitimate,” Sako said. “Property has been destroyed, lives are being destroyed, and families are being targeted, and we decided to lend support to our communities to organize and resist these invaders” Case of jailed Cameroonians sheds light on the perils of sending aid…

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Cameroon Allocates 2 Billion CFA Francs for Long-Awaited Edéa-Kribi Road Rehabilitation Study

Cameroon Allocates 2 Billion CFA Francs for Long-Awaited Edéa-Kribi Road Rehabilitation Study Cameroon’s Road Infrastructure: A Path to Development Cameroon’s commitment to enhancing its road infrastructure is evident in the recent announcement of nearly 2 billion CFA francs allocated for updating studies related to the rehabilitation of the Edéa-Kribi road. This project, which was announced…

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Sonara Awards 7 Billion CFA Contract to DSC Marine SA in Historic Deal

Sonara Awards 7 Billion CFA Contract to DSC Marine SA in Historic Deal DSC Marine SA, a Cameroonian company established in 2015, has recently secured a significant contract with Sonara, the national oil refinery of Cameroon. This 7 billion contract marks a substantial achievement for DSC Marine SA, reflecting the company’s growth and its increasing…

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Forgery Scandal Hits BEAC: Ebibeyin Agency at the Epicenter of Counterfeit Controversy 2024.

Forgery Scandal Hits BEAC: Ebibeyin Agency at the Epicenter of Counterfeit Controversy 2024 The Central African Economic and Monetary Community (CEMAC) has been shaken by a scandal involving the BEAC agency in Ebibeyin, Equatorial Guinea. A counterfeit banknote operation has been uncovered, implicating several high-ranking officials, including the Commissioner of Ebibeyin and the head of…

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Cameroon’s Commitment to Innovation: Allege Over CFA 2Billion Invested in University Incubators

Cameroon’s Commitment to Innovation: Allege Over CFA 2Billion Invested in University Incubators In a significant move to bolster innovation and entrepreneurship, Cameroon has invested over CFA2 billion in university incubators, a testament to the country’s dedication to nurturing young entrepreneurs and fostering a culture of innovation. This investment, spanning from 2016 to 2022, underscores the…

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The Tragic Incident on the Bali-Batibo Road

The Tragic Incident on the Bali-Batibo Road On June 26, 2024, a devastating event occurred on the Bali-Batibo road in the North West Region of Cameroon. A civilian transport vehicle was shattered by an explosive device, leading to the tragic loss of three lives and leaving another individual injured. This incident took place in the…

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Elizabeth Moore Appointed New US Ambassador to Cameroon

Elizabeth Moore Appointed New US Ambassador to Cameroon In a significant diplomatic update, Elizabeth Moore Aubin has been confirmed as the new US Ambassador to Cameroon. This appointment marks a new chapter in the diplomatic relations between the United States and Cameroon, as Ambassador Aubin takes over the role from Christopher John Lamora, who has…

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Cement is expensive in CAR

Construction Woes: Cement Overpricing Shakes Central African Market 2024

Construction Woes: Cement Overpricing Shakes Central African Market 2024 The Rising Cost of Cement in the Central African Republic: A Deep Dive I wanted to highlight the current challenges faced by the Central African Republic (CAR) due to the soaring prices of cement, a crucial building material that is essential for the construction industry and,…

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