Cameroonian culture highlighted during the celebration of Canada's national day

Bilateral cooperation: Canada welcomed 11000 new Cameroonians in 2023

Bilateral cooperation: Canada welcomed 11000 new Cameroonians in 2023 Which places this CEMAC state in the top 10 countries where new immigrants come from. Bilateral Cooperation: Strengthening Ties Between Canada and Cameroon On August 7, 2024, Immigration, Refugees and Citizenship Canada (IRCC) organized an information session on the introduction of Canadian visas at the High…

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The World Bank Headquarters

Cameroon: World Bank Solutions to Optimize Tax Revenue Collection

Cameroon: World Bank Solutions to Optimize Tax Revenue Collection One of the measures advocated by the Bretton Woods institution is the “thorough” revision of the Tax Code. Cameroon’s economic landscape is undergoing a transformative phase with the World Bank’s involvement in enhancing the country’s tax revenue system. The recent reports released by the World Bank,…

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A meat stall in a market

Cameroon: driven by the goat sector, national meat production reaches 310,000 tonnes in 2023 (report)

Cameroon: driven by the goat sector, national meat production reaches 310,000 tonnes in 2023 (report) According to the report of the Ministry of Livestock, Fisheries and Animal Industries (Minepia) on the situation of production and imports of these sub-sectors, local production is up 6% year-on-year. An increase is supported by investments made in favour of…

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A shepherd extracting cow's milk

Cameroon misses its milk production target of 200,000 tonnes by 2023

Cameroon misses its milk production target of 200,000 tonnes by 2023 The private sector and the importation of dairy cows still contributed to a 2% increase in national production during this period. In 2023, Cameroon faced a significant challenge in its agricultural sector: the nation missed its ambitious milk production target of 200,000 tonnes. This…

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World Bank’s pledge to invest $2 billion over the next five years.

Cameroon is set to experience a significant surge in economic development and growth, thanks to the World Bank’s pledge to invest $2 billion over the next five years. This substantial financial commitment is part of a new Country Partnership Framework (CPF) that spans from 2025 to 2029, aligning with Cameroon’s ambitious “Vision 2035” to transform…

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The Ndu-Nkambe Ring Road: A Pathway to Progress 2024

The Ndu-Nkambe Ring Road: A Pathway to Progress 2024

The Ndu-Nkambe Ring Road: A Pathway to Progress 2024 The construction of the Ndu-Nkambe section of the Ring Road has been a subject of significant interest and importance for the people of Cameroon, particularly for those residing in the Northwest region. This road is more than just a pathway; it represents a lifeline for commerce,…

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The state coffers are empty

Breaking News: Empty State Coffers in Cameroon RDPC Official Confirms

Breaking News: Empty State Coffers in Cameroon RDPC Official Confirms The State of Cameroon’s Economy: An Analysis In a candid revelation that has caught the attention of both national and international observers, an official from the ruling party in Cameroon, the Cameroon People’s Democratic Movement (RDPC), has made a startling statement regarding the state of…

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Cameroon’s 2024 Oil Revenue Target in Jeopardy

Cameroon’s 2024 Oil Revenue Target in Jeopardy Cameroon’s ambitious goal to collect CFA 801.6 billion in oil revenues by the end of December 2024 is facing significant challenges. The nation’s oil revenue figures for the first quarter of 2024 have only achieved 82.7% of the initial government target, a shortfall that raises concerns about the…

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Major Financial Move: CNPS Obtains 150 Billion CFA Loan from Afreximbank

Major Financial Move: CNPS Obtains 150 Billion CFA Loan from Afreximbank

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…

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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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