Major Financial Move: CNPS Obtains 150 Billion CFA Loan from Afreximbank Cameroon’s National Social Insurance Fund (Cnps) is reportedly in negotiations for a substantial loan with the African Export-Import Bank (Afreximbank). The sum involved is said to be 150 billion CFA francs, a significant amount that indicates a major financial move for the institution. This…
The World Bank’s Innovative One-Stop Shop Model for Cameroon: A Leap Towards Streamlined Public Procurement In a significant move to bolster economic growth and enhance the efficiency of public procurement, the World Bank has recommended the establishment of a one-stop shop in Cameroon. This recommendation comes as part of a broader overhaul aimed at simplifying…
EURO QF: Tournament Heats Up as Top Teams Clash As the excitement for the UEFA EURO 2024 quarter-finals mounts, fans across the globe are gearing up for what promises to be a thrilling set of matches. The journey to this stage has been nothing short of spectacular, with moments that will be etched in the…
A Beacon of Hope: The United States Government’s Humanitarian Assistance to Cameroon with 70,000 bags of Rice The U.S. government ships 70,000 bags of fortified rice, equivalent to approximately 3,500 metric tons, as humanitarian assistance to Cameroon due to ongoing conflict. This vital food aid will help alleviate hunger for thousands of Cameroonians. In a…
Cameroon Mourns the Loss of ARSEL Chairman Jean Marie Aleokol 2024 Cameroon Mourns the Loss of Jean Marie Aleokol, Esteemed Chairman of ARSEL Cameroon has lost a distinguished leader and public servant with the passing of Jean Marie Aleokol. Mr. Aleokol, who served as the Chairman of the Electricity Sector Regulatory Agency (ARSEL), passed away…
Portugal and France battled through hard-fought matches to secure their spots in the quarterfinals The stage was set for an exhilarating day of football as Portugal and France joined the ranks of teams advancing to the quarterfinals in a series of tightly contested matches. The anticipation was palpable as fans around the world tuned in…
CEMAC Bank Lending Jumps 7% Despite Central Bank Tightening CEMAC bank lending defied expectations, rising 7% year-on-year to CFA10,586 billion in the first quarter (Q1) of 2024. This comes against the backdrop of a tightening monetary policy stance by the central bank, BEAC. The increase suggests a continued demand for credit from businesses and consumers…
BREAKING NEWS: Latest Edition Available Now! 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…
CAF expresses its deepest condolences to the family of Landry Nguemo Following the tragic passing of Landry Nguemo, CAF extends its sincere condolences to his family, the Cameroon Football Federation (FECAFOOT), and the entire Cameroonian football community. The African football community is in mourning following the tragic passing of Landry Nguemo, a former Cameroonian international…
Euro2024: Germany and Switzerland Cruise to Quarterfinal with 2:0 Scoreline The UEFA Euro 2024 has been a tournament of intense competition and surprising outcomes, and the round of 16 has been no exception. Germany and Switzerland have both secured their spots in the quarter-finals with convincing 2:0 victories. Germany, playing on home soil, continued their…
