Government Trains 540 Legal Professionals from NW/SW On -Dematerialisation of Securities in Limbe

The Government of Cameroon has intensified efforts to modernise the country’s financial system by training 540 lawyers and notaries from the Northwest and Southwest regions on the implementation of the 2014 Law on the Dematerialisation of Securities. The three-day capacity-building seminar, held in Limbe and organised by the Autonomous Sinking Fund (known by its French…

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Meet Edwin Fongod Nuvaga, an exemplary Director General of the Cameroon Customs

Meet Edwin Fongod Nuvaga, an exemplary Director General of the Cameroon Customs Edwin Fongod Nuvaga is a prominent Cameroonian civil servant and the current Director General of Customs in Cameroon. He has held this strategic position since his appointment by presidential decree on December 21, 2015. A results-oriented general manager, a goal getter and as…

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Cameroon Becomes the 3rd Most Indebted Country in the CEMAC Zone with 1,831 Billion FCFA

Cameroon Becomes the 3rd Most Indebted Country in the CEMAC Zone with 1,831 Billion FCFA Cameroon has joined the ranks of the most indebted states in the CEMAC region. According to the latest statistics from the Bank of Central African States (BEAC), the country has an outstanding public debt of 1,831 billion FCFA, representing nearly…

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Directorate General of Customs: The foundation stone of the future headquarters will be laid this Tuesday

Directorate General of Customs: The foundation stone of the future headquarters will be laid this Tuesday The construction of the future headquarters of the Directorate General of Customs is scheduled to launch this Tuesday, December 9. Louis Paul MOTAZE, Minister of Finance, will preside over the ceremony of laying the foundation stone. OF WHAT USE…

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Mokom-Ndi-Ndzah

Mokom Ndi Ndzah: An Enlightened Vision for Cameroon’s Financial Future

Mokom Ndi Ndzah: An Enlightened Vision for Cameroon’s Financial Future [Advertorial] As Managing Director of Stoneshed Asset Management, Mokom Ndi Ndzah provides insightful analysis of the state of public finances and markets in Cameroon. In this interview, he discusses the challenges of financing public debt, the role of public-private partnerships (PPPs), subsidies, privatization, and the…

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Louis-Paul Motaze Announces Last-Minute Economic Boost for Cameroonians

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…

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Cameroon Uncovers Massive Fraud and Corruption in Public Administration, Losing 59 Billion CFA

Cameroon has recently uncovered significant levels of fraud, corruption, and mismanagement within its public administration, leading to financial losses estimated at 59 billion CFA. The Ministry of Finance, led by Louis-Paul Motazé, revealed these shocking irregularities during a comprehensive cleanup operation targeting public finances. Some of the most glaring issues include: Fraudulent Birth Certificates: Investigators…

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