The International Monetary Fund has raised a red alarm against the Cameroonian government. The state of Cameroon’s economy is in a major mess. As the ongoing presidential election is progressing, there is a need for Cameroonians to be aware. There is a red alert raised by the IMF that Cameroon has borrowed, borrowed until the…
Absence d’alternance politique : plus de 40 ans au pouvoir sans transition démocratique. Répression et restrictions des libertés : opposition muselée et élections contestées. Crise anglophone non résolue : guerre civile dans les régions du Nord-Ouest et du Sud-Ouest. Montée de l’insécurité : attaques de Boko Haram et criminalité en hausse. Économie en difficulté :…
In 2024, Cameroon achieved a remarkable milestone by doubling its diamond production to nearly 6220 carats. This significant increase from the previous year’s production of 3305.8 carats was revealed during a meeting of the Kimberley Process Certification Scheme in Yaoundé, presided over by the interim Minister of Mines, Fuh Calistus Gentry. The surge in production…
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The Douala-N’Djamena corridor is a crucial trade route, linking the port of Douala to Chad, a landlocked country dependent on this corridor for access to the sea. The African Development Bank (AfDB) and the Cameroon government are embarking on the ambitious rehabilitation of the Ngaoundere-Garoua segment of the Douala-N’Djamena Economic Corridor. This project, part of…
INCREDIBLE BUT, TRUE 1- CAMBANK (Cameron Bank) looted 2- BIAO looted 3- SCB (Société Camerounaise des Banques) looted 4- Crédit Agricole, looted 5- SOFIBEL in Bélabo in eastern Cameroon Looted 6- BCD (Banque Camerounaise de Développement) looted 7- ONCPB, looted 8- CAMAIR (100% Cameroonian) looted 9- CAMSHIP (100% Cameroonian) looted 10- CAMRAIL (100% Cameroonian) looted…
Cameroonians Express Outrage Over New Mobile Money Transaction Fees 2022 Tax: In January 2022, the Cameroonian government introduced a 0.2% tax on all mobile money transfers and withdrawals. This tax was part of the 2022 Finance Bill and applied to transactions carried out through traceable platforms, including mobile telephony and the Internet. 2025 Additional Fee:…
Le Premier ministre, chef du gouvernement, Joseph Dion Ngute, est arrivé à Douala pour procéder à l’inauguration du marché aux poissons de Youpwè. Cet événement marquant s’est déroulé le 27 décembre 2024, en présence de plusieurs autorités locales et dignitaires. Contexte de l’Inauguration Le marché aux poissons de Youpwè est une infrastructure moderne entièrement financée…
In a welcome announcement, Cameroon’s Minister of Finance, Louis-Paul Motaze, has shared optimistic news regarding the country’s economic outlook. Speaking at a recent event, Motaze revealed that Cameroon is on track to achieve significant economic growth, with projections indicating a growth rate of 4.1 percent by the end of 2024. Economic Growth Projections Motaze highlighted…
Dangote Refinery to Begin Exporting Petroleum to Cameroon Dangote Refinery, Africa’s largest oil refinery, announced its first-ever export of Premium Motor Spirit (PMS) to Cameroon in a landmark move for regional energy integration. This significant milestone, achieved through a strategic collaboration with Neptune Oil, marks a new era in the energy relationship between Nigeria and…
