Anticipated Hygiene Improvements in Douala Remain Unfulfilled Mid-Year Hygiene and Sanitation Management in Douala, Cameroon: Challenges and Progress In the bustling city of Douala, Cameroon, the management of hygiene and sanitation has been a pressing issue. The first half of the year has seen various efforts to address these challenges, but the path to significant…

Cameroon to Receive 1,200+ Billion Funding from World Bank in Five-Year Plan The World Bank’s Commitment to Cameroon’s Development Cameroon, a country with a diverse culture and abundant natural resources, stands on the cusp of a significant economic transformation. The World Bank, a pivotal global financial institution, has announced a substantial investment plan for Cameroon,…

Dangote Group Eyes Expansion in Gabon, Cement and Fertilizer Investment Opportunities Under Exploration Gabon: Dangote Explores Investment Opportunities in Cement and Fertilizers In a significant development for Gabon’s industrial sector, President Brice Oligui Nguema has extended an invitation to Aliko Dangote, the chairman of Dangote Industries Limited, to consider investment opportunities in cement and fertilizer…

Financial Hurdles Persist as EDC Gathers 12.5 Billion CFA in Royalties The Cameroon Electricity Development Corporation (EDC) has recently been in the spotlight for its financial performance, having collected 12.5 billion CFA francs in royalties. Despite this significant revenue, the state-owned enterprise continues to face financial challenges. The situation reflects the broader economic landscape of…

Eco-Friendly Milestone: Cameroon Cuts Coal Imports by 50% Thanks to Cimpor-Atlantic Cocoa Pact In a significant move towards sustainability, Cimpor and Atlantic Cocoa have announced a partnership aimed at reducing Cameroon’s coal imports by a remarkable 50%. This initiative is not only a step forward in environmental conservation but also a strategic economic shift for…

Cameroon Cocoa Producers Receive Record 1.5 Trillion CFA Francs in 2023-2024 Campaign The 2023-2024 Cocoa Campaign in Cameroon: A Prosperous Season for Producers The cocoa campaign of 2023-2024 in Cameroon has marked a significant milestone in the agricultural sector of the country. With a staggering remuneration of nearly 1,500 billion CFA francs for producers, this…

SNH Board Calls for Comprehensive Review of 2023 Financial Statements The National Hydrocarbons Corporation (SNH) of Cameroon has been a subject of significant discussion following the recent demands by its Board of Directors for a revision of the 2023 accounts. This move comes amidst a backdrop of financial scrutiny and governance questions within major state-owned…

Yaoundé Launches 23 Billion CFA Franc Flood Mitigation Initiative Flood control in Yaoundé: Cameroon seeks a service provider to carry out a 23 billion CFA franc project financed by the AfDB The city of Yaoundé, the political capital of Cameroon, has long been grappling with the challenges of urban flooding. The situation has prompted the…

Cameroon Public Debt Climbs to 43.3% of GDP Cameroon’s public debt has reached a new milestone, climbing to 43.3% of GDP as of June 2024. This figure, reported by the national sinking fund CAA, represents an increase of 0.8% compared to the previous quarter and a 4.9% rise from the same period last year. Such…