In a devastating incident, a violent fire outbreak ravaged the Dakar market in Douala, Cameroon’s economic capital, leaving traders and residents in deep distress. The fire, which occurred during the night of December 19, 2024, reduced several shops to ashes and caused significant economic losses. The Incident The fire broke out in the Dakar market,…
The small town of Tiko, located in the South West Region of Cameroon, has marked a significant milestone in its industrial journey with the inauguration of its first tire manufacturing plant. This event, which took place on October 24, 2024, is not just a local achievement but a national triumph for Cameroon’s burgeoning industrial sector….
In 2023, the Cameroonian telecommunications landscape saw a significant investment from three major players: Camtel, Orange, and MTN. Together, they poured CFA185 billion into network improvements, a figure that surpassed the initial forecast of CFA156 billion from the previous year. This financial commitment was a clear indication of the operators’ intent to enhance the quality…
Simon PALEY n’est plus directeur général de TRADEX depuis hier soir. Son remplaçant n’a pas été confirmé. L’intérim est assuré par Patrick MVONDO, protégé de la Cléôpatre de la SNH, Nathalie Moudiki, la femme de l’administrateur directeur général de la SNH, Adolphe Moudiki, aujourd’hui dans l’incapacité de diriger la SNH pour des raisons de santé….
Internet: Space X restricts its Starlink services in Cameroon almost six months after government warnings This decision, announced by the American company last April, is gradually coming into force, following repeated warnings from the Cameroonian government regarding the unauthorized use of this equipment. In a significant development for satellite internet connectivity in Cameroon, SpaceX has…
Digitax platform allows Gabon to collect 258 billion CFA francs in tax revenue in 3 months The platform controlled by the General Directorate of Taxes (DGI) of Gabon, aims to revolutionize the country’s tax management through the digitalization of administrative processes. In a remarkable display of technological adaptation and fiscal management, Gabon has made headlines…
State takeover of Eneo: the amount of the exit ticket divides Actis and the Cameroonian government 2024 As an exit ticket from Eneo’s shareholding in which it holds 51% of shares, the British investment fund Actis is demanding the sum of 125 billion CFA francs, based on the due diligence conducted by its Cameroonian advisor…
Cameroon: MTN achieves a turnover of 181 billion CFA francs in the first half driven by internet and fintech services This performance represents an increase of 16% compared to the same period in 2023. In the dynamic landscape of Cameroon’s telecommunications sector, MTN Cameroon has emerged as a formidable player, achieving a remarkable turnover of…
Telecoms: MTN Cameroon achieved a turnover of 316 billion CFA francs in 2023 (+28%) Up by nearly 70 billion CFA francs compared to the previous financial year, the performance of the Cameroonian company contributed significantly to the increase in revenues of the South African group MTN. In the dynamic and competitive world of telecommunications, MTN…
In Cameroon MTN Mobile Money activity increased by 28% in 2023 The subsidiary of the South African telecommunications giant MTN achieved a turnover of 59.3 billion CFA francs during the year 2023. In 2023, Cameroon witnessed a significant surge in the activity of MTN Mobile Money, marking a 28% increase from the previous year. This…
