Cameroon’s Approach to Maintaining Stable Banking Operations in Cameroon Through Proactive Measures 2024

Cameroon’s Approach to Maintaining Stable Banking Operations in Cameroon Through Proactive Measures 2024 Cameroon’s Innovative Approach to Safeguarding Bank Liquidity In the dynamic landscape of financial security, Cameroon has taken a proactive step with the establishment of the Fund for Deposits and Consignments (FDC). This strategic move is designed to bolster the liquidity of banks…

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BGFIBank Hits Record 95.8 Billion CFA Profit in 2023, Up 55%

BGFIBank Hits Record 95.8 Billion CFA Profit in 2023, Up 55% The BGFIBank Group has reported a record performance for the fiscal year 2023, with a consolidated net profit of 95.8 billion CFA francs, marking a significant increase of 55% from the previous year. This remarkable growth is a testament to the group’s robust strategic…

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Chad’s Imports from Cameroon Drop by 70K Tonnes in 2023

Chad’s Imports from Cameroon Drop by 70K Tonnes in 2023 Trucks carrying goods In 2023, Chad’s imports from Cameroon saw a significant decline, falling by nearly 70,000 tonnes. This drop is a substantial shift from previous years, where trade between the two neighbouring countries was more robust. The reasons behind this decrease are multifaceted, involving…

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5-month setback for Cameroon road work after Chadian firm leaves

5-month setback for Cameroon road work after Chadian firm leaves. Aerial view of the Douala-Bonepoupa Road construction site The Douala-Bonepoupa Road Construction Project: Progress and Challenges The Douala-Bonepoupa road construction project, a significant infrastructure development in Cameroon’s Littoral Region, has been a subject of national interest due to its potential to improve connectivity and boost…

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