Cameroon
Halting Hostilities in Northwest and Southwest: Group Empowers 50 Young Individuals for Peaceful Community Projects
Halting Hostilities in Northwest and Southwest: Group Empowers 50 Young Individuals for Peaceful Community Projects Reconciliation and Development Association trains 50 youth in conflict resolution and equips them to launch peaceful community initiatives aimed at promoting dialogue in Cameroon’s war-torn North West and South West regions. In the quest for peace and stability in the…
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Glencore says it bribed SNH and Sonara with CFA 7billion
Glencore says it bribed SNH and Sonara with CFA 7billion (Business in Cameroon) – The U.S. Department of Justice and the UK Serious Fraud Office announced last May 24 that the Anglo-Swiss multinational Glencore pleaded guilty to bribes in several countries, including Cameroon. “Between approximately 2007 and 2018, Glencore and its subsidiaries caused approximately $79.6 million…
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Cameroon Seeks $371.4M in Aid to Support 2.3M Vulnerable Citizens in 2024
Cameroon Seeks $371.4M in Aid to Support 2.3M Vulnerable Citizens in 2024 The Cameroon Humanitarian Response Plan 2024: A Comprehensive Strategy for Aid and Resilience In 2024, Cameroon faces a significant humanitarian challenge, with 3.4 million people in need of assistance due to ongoing conflicts, climate shocks, and disease outbreaks. The Cameroon Humanitarian Response Plan…
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Leadership Shift: Georges Fotso Spearheads ASCA Asset Management
Leadership Shift: Georges Fotso Spearheads ASCA Asset Management The financial landscape of Cameroon has witnessed a significant development with Georges James Ndzutue Fotso taking the helm of ASCA Asset Management. This move marks a pivotal moment for the asset management firm, which is a franchise of the Attijariwafa bank group, responsible for portfolio management within…
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Financial Aid Flowing: Cameroon Distributes 35 Billion CFA Francs for Economic Relief
Financial Aid Flowing: Cameroon Distributes 35 Billion CFA Francs for Economic Relief Cameroon’s Commitment to Economic Recovery: A 35 Billion CFA Franc Allocation In a significant move to bolster economic recovery in areas impacted by various challenges, the Cameroonian government has earmarked a substantial sum of 35 billion CFA francs. This allocation is a testament…
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Cameroon Launches Ambitious 305 Billion CFA Franc Initiative to Elevate Dairy Production
Cameroon Launches Ambitious 305 Billion CFA Franc Initiative to Elevate Dairy Production Cameroon’s Ambitious Plan to Revitalize the Dairy Sector In a bold move to revitalize its dairy sector, Cameroon has adopted a comprehensive plan worth 305 billion CFA francs. This initiative represents a significant investment in the country’s agricultural infrastructure and has the potential…
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The Evolution of Financial Management in Cameroon: The GUCE-Customs Brokers Partnership
The Evolution of Financial Management in Cameroon: The GUCE-Customs Brokers Partnership In the dynamic landscape of Cameroon’s economy, the collaboration between the Single Window for Foreign Trade (GUCE) and customs brokers has marked a significant milestone in enhancing financial management within the country. This partnership, formalized through strategic agreements, has streamlined the process of tax…
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Douala:Authorities have located the person who placed a coffin at the Tradex fuel station.
Authorities have located the person who placed a coffin at the Tradex fuel station. In a bizarre turn of events that captured the public’s attention, the individual responsible for leaving a coffin at a Tradex station in Douala has been identified. This incident, which could easily be mistaken for a plot out of a mystery…
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The Humanitarian Dialogue: Doctors Without Borders and the Cameroon Government
The Humanitarian Dialogue: Doctors Without Borders and the Cameroon Government In the wake of ongoing discussions between Doctors Without Borders (Médecins Sans Frontières, MSF) and the Cameroon Government, there is a glimmer of hope for the resumption of vital medical services in the North-West and South-West regions of Cameroon. These talks represent a critical juncture…
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Cameroon’s 2024 Budget Amendment: A Strategic Financial Adjustment increases to 7,278.1 billion CFA francs
Cameroon’s 2024 Budget Amendment: A Strategic Financial Adjustment Increases to 7,278.1 billion CFA francs In a significant move to bolster its economic strategy, Cameroon has revised its 2024 state budget, marking an increase to 7,278.1 billion CFA francs. This adjustment reflects an 8% increase from the initial budget, representing a strategic step by the government…
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