CEMAC Bank Lending Jumps 7% Despite Central Bank Tightening CEMAC bank lending defied expectations, rising 7% year-on-year to CFA10,586 billion in the first quarter (Q1) of 2024. This comes against the backdrop of a tightening monetary policy stance by the central bank, BEAC. The increase suggests a continued demand for credit from businesses and consumers…
BREAKING NEWS: Latest Edition Available Now! President Sako Speaks To The National Journal In Washington DC.”Our cause is legitimate,” Sako said. “Property has been destroyed, lives are being destroyed, and families are being targeted, and we decided to lend support to our communities to organize and resist these invaders” Case of jailed Cameroonians sheds light…
CAF expresses its deepest condolences to the family of Landry Nguemo Following the tragic passing of Landry Nguemo, CAF extends its sincere condolences to his family, the Cameroon Football Federation (FECAFOOT), and the entire Cameroonian football community. The African football community is in mourning following the tragic passing of Landry Nguemo, a former Cameroonian international…
Euro2024: Germany and Switzerland Cruise to Quarterfinal with 2:0 Scoreline The UEFA Euro 2024 has been a tournament of intense competition and surprising outcomes, and the round of 16 has been no exception. Germany and Switzerland have both secured their spots in the quarter-finals with convincing 2:0 victories. Germany, playing on home soil, continued their…
Young Champions Tackling Malnutrition in Cameroon’s Southwest In the verdant landscapes of Cameroon’s Southwest, a silent but formidable adversary lurks malnutrition. This region, known for its rich cultural heritage and biodiversity, faces a challenge that undermines the health and future of its youngest inhabitants. However, amidst this adversity, a group of dedicated young champions has…
The Economic Impact of Cameroonian SMEs on Public Procurement From 2020 to 2023, Cameroonian Small and Medium-sized Enterprises (SMEs) have made a significant impact on the nation’s economy by capturing CFA 2.03 trillion in public procurement contracts. This remarkable achievement represents a substantial portion of the total contracts awarded by the government, which amounted to…
The Water Management Crisis in Buea: A Step Towards Resolution In the picturesque town of Buea, located on the slopes of the majestic Mount Cameroon, a crisis has been brewing that touches the very essence of daily life: water management. The area known as Small Soppo, part of the Buea Subdivision, has been facing a…
The Zina-Makary oil project in Far North Cameroon has been at a standstill for 15 years a situation that reflects the complex interplay of geopolitics, economics, and security concerns in the region. The project, which was initiated with the signing of a production-sharing contract between the Cameroonian government and the Chinese company Yan Chang Logone…
The Evolution of Currency: BEAC’s New Coins Set to Revitalize Monetary Policy In a bold move to revitalize the monetary policy and tackle the persistent coin shortage in the CEMAC region, the Bank of Central African States (BEAC) has announced the introduction of new coins by December 2024. This strategic decision comes at a crucial…
President Sako Speaks To The National Journal In Washington DC.”Our cause is legitimate,” Sako said. “Property has been destroyed, lives are being destroyed, and families are being targeted, and we decided to lend support to our communities to organize and resist these invaders” Case of jailed Cameroonians sheds light on the perils of sending aid…
