The Tragic Incident on the Bali-Batibo Road On June 26, 2024, a devastating event occurred on the Bali-Batibo road in the North West Region of Cameroon. A civilian transport vehicle was shattered by an explosive device, leading to the tragic loss of three lives and leaving another individual injured. This incident took place in the…
Elizabeth Moore Appointed New US Ambassador to Cameroon In a significant diplomatic update, Elizabeth Moore Aubin has been confirmed as the new US Ambassador to Cameroon. This appointment marks a new chapter in the diplomatic relations between the United States and Cameroon, as Ambassador Aubin takes over the role from Christopher John Lamora, who has…
Construction Woes: Cement Overpricing Shakes Central African Market 2024 The Rising Cost of Cement in the Central African Republic: A Deep Dive I wanted to highlight the current challenges faced by the Central African Republic (CAR) due to the soaring prices of cement, a crucial building material that is essential for the construction industry and,…
Economic Alert: BEAC Governor Highlights Fuel Import Crisis 2024 The Economic and Monetary Community of Central Africa (CEMAC) has been facing a significant challenge with the massive importation of fuel, which has caused distress to the region’s economic stability. The governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, appointed in March…
Government of Cameroon Announces Five-Year, 166 Billion CFA Franc Initiative for Statistical Development Cameroon’s Statistical Development: A 166 Billion CFA Francs Vision In a bold move to enhance the nation’s statistical capabilities, the Cameroonian government has announced an ambitious plan to mobilize 166 billion CFA francs over the next five years. This initiative is a…
Ngaoundéré’s Inflation Confirmed as Cameroon’s Most Expensive City Amid Rising Inflation Ngaoundéré, the bustling capital of Cameroon’s Adamawa region, has been ranked as the most expensive city in the country for the third consecutive year, with an inflation rate nearing 8%. This persistent rise in the cost of living has outpaced the national average, placing…
Chad-Cameroon Pipeline: New Route for Niger’s Oil Exports to China The Geopolitics of Hydrocarbons: Niger’s Pivot to the Chad-Cameroon Pipeline In the intricate tapestry of global energy politics, the recent developments involving Niger’s decision to reroute its crude oil exports through the Chad-Cameroon pipeline to reach the Chinese market is a narrative of resilience, strategic…
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…
BEAC’s Strategic Monetary Tightening Curbs Inflation in CEMAC The Central African Economic and Monetary Community (CEMAC) has been facing significant economic challenges, particularly with inflationary pressures that have threatened the financial stability and purchasing power within the region. The Bank of Central African States (BEAC), which serves as the central bank for the six nations…
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…
