Sic Cacao, Chococam, Neo Industry, Ferrero …: after 4 seasons of improvement, the activity of Cameroonian cocoa processors drops by 4% According to data from the National Cocoa and Coffee Office (ONCC), the quantity of cocoa beans processed in local industries is estimated at 85,671 tonnes during the last 2023-2024 cocoa season compared to 89,204…
CEMAC: after Equatorial Guinea, new scandal of counterfeit BEAC banknotes in the Central African Republic According to information received by Breaking News Bilingue, the three counterfeiters of Cameroonian, Senegalese and Central African nationality were apprehended by the local police, with a sum that is close to a billion CFA francs. The Central African Economic and…
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…
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…
Cemac: Bdeac now accounts for 30% of outstanding debts listed on Bvmac With the listing on August 7, 2024, in Douala of 5,476,971 new bonds worth 54.7 billion CFA francs, the Development Bank of Central African States comes in second behind the State of Cameroon and ahead of Gabon. The Economic and Monetary Community of…
Cameroon: CCA-Bank offers academic and professional internships to 200 students Internships are a vital component of education, providing a glimpse into the practical aspects of various professions. With organizations like CCA-Bank taking the lead, the future looks promising for the youth of Cameroon, ready to embark on their professional journeys with confidence and competence. In…
Bdeac 2024 bond issue: more than 500 securities traded upon listing on the stock exchange In detail, 275 bonds of tranche B were exchanged for 10,000 CFA francs or an amount of 2.8 million CFA francs. And 250 bonds of tranche C, for a total of 2.5 million CFA francs including coupons. The Central African…
Financial Asset Management receives the green light from the regulator to launch the first 2 OPCIs in the Cemac zone A pioneer in real estate asset management in CEMAC, Cameroonian Willy Delort Heubo is launching his inaugural OPCIs targeting qualified investors and institutional legal entities. The real estate asset manager will then invest in premium…
The United Nations’ Call for Human Rights Access in Cameroon’s Anglophone Regions In a significant development, the UN High Commissioner for Human Rights has made a public call for better access to the Anglophone regions of Cameroon. This request comes amid ongoing tensions and conflicts that have affected these areas since 2017. The High Commissioner’s…
Cameroon-EU EPA: the dismantling rate of high tax yield products increases to 50% in the 9th phase The 8th phase of this economic partnership ended on August 3, 2024, with tax losses estimated at 19 billion CFA francs for Cameroon. The Economic Partnership Agreement (EPA) between Cameroon and the European Union (EU) has reached a…
