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Automobile: Dutch Rymax Lubricants wants to launch lubricant distribution in Cameroon by the end of 2024 The company thus wishes to extend its activities in the Cemac zone after having established itself in several markets in West and Southern Africa. Rymax Lubricants, a Dutch company established in 1986, has announced its plans to expand its…

Cameroon: the price of a 120 KG bag of locally produced rice should drop by 6000 CFA francs in the Far North According to the Famine Early Warning Systems Network (Fews Net), the wholesale price of this cereal will vary from one city to another, but the price trend will be particularly downward during August…

The Bastos Factory Land Scandal: A Complex Legal Battle in Cameroon Initially partially retroceded to the local community, the lands of the estate formerly used by British American Tobacco for its cigarette manufacturing plant were then curiously put up for sale to relatives of the presidential family and barons of the Yaoundé regime. Cameroonian Head…

Glencore affair: the first suspects are known The Serious Fraud Office (SFO), the British fraud office, has revealed the identities of the first five people prosecuted in the corruption scandal involving former senior executives of Glencore, a Swiss commodities trader in Cameroon, but also in Nigeria and Ivory Coast where they are accused of having…

Tunisia-Cameroon Relations: A Future of Vast Cooperation, Says Mohamed Amine In an interview with EcoMatin, Mohamed Amine Ameur, the Chargé d’Affaires of the Tunisian Embassy in Cameroon, takes stock of his country’s participation in the 8th edition of the Cameroon International Crafts Fair (Siarc). And assesses the cooperation between the two countries. The statement by…

The Telecommunications Landscape in Congo: A New Era Under Mohammed Ruf ai’s Leadership With more than 24 years of experience in the telecommunications sector, the promoted person should continue to work to maintain MTN’s leadership in the Congolese telecommunications market. The telecommunications sector in Congo is on the cusp of a transformative era with the…

CEMAC: Chad’s Quest for 40 Billion CFA Francs – A Strategic Move for Economic Growth After a failure on its issue of 30 billion CFA francs in 2-year Treasury Bonds (OTA) remunerated at 6%, this member state of CEMAC is back with a large issue of 40 billion CFA francs in OTA. The Central African…

The Central African Republic’s Banking Sector: Navigating the New Increase in Loan Costs The National Economic and Financial Committee of the CAR sets new usury rates applicable to credit institutions in the country, by tightening the conditions for amortizable credits and overdrafts for households and SMEs. The Central African Republic (CAR) has recently witnessed a…

The Republic of Congo’s Ambitious Plan for Electricity Transmission Network Enhancement Despite the concessioning of most of its production facilities, the country continues to face a chronic energy crisis which, according to the IMF, is partly the cause of its economic slowdown. The Republic of Congo is embarking on a significant upgrade of its electricity…

Public service: towards an allocation of bonuses based on performance in Cameroon? According to sources from the Ministry of Civil Service and Administrative Reform, the proposal is under review by the Prime Minister. The concept of performance-based bonuses in the public sector is gaining traction globally as a means to enhance efficiency and accountability. In…