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UAE, Cameroon boosting cooperation

Fahad Obaid Mohammad Al Taffaq, UAE Ambassador to Nigeria and Non-Resident Ambassador to the Republic of Cameroon, has held meetings with a number of officials and businessmen in Cameroon, and discussed ways to strengthen cooperation with the Central African country in all fields. Al Taffaq visited the capital city Yaounde, …

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Cameroon to deploy 15,000km of fibre optic

Cameroon Telecommunications (CAMTEL), the state-owned telecommunications operator, plans to deploy over 15,000 kilometers of optical fiber to improve the quality of communication in the country, reports said on Thursday. This public company, of which, a recent decree by President Paul Biya announces the opening to private shareholders, holds the monopoly …

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Beer Sales Slightly Fell By 0.4% In 2018

Brewers in Cameroon sold a total of 6,500,000 hl (650 million liters), free beer excluded and trade included, as at December 31, 2018, according to data provided by Société Anonyme des Brasseries du Cameroun (SABC). These figures remain approximatively stable compared to sales the previous year, but are slightly 0.4% …

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Electronic Trade Helps Cameroonian Farmers

Information technologies are changing the lives of many Cameroonian farmers who previously were dependent on brokers who charged fees to serve as middlemen to purchasers. Now they can use the Internet to find customers more easily and increase their income. Farmer Loic Domguia sells almost all of his produce online …

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Cameroon Ranked Top Intra-African Remittances Provider In 2018

The Ecobank Group has just published its financial report which provides data on Africa’s place in global financial flows during 2018. The document shows intra-African remittances represent 20% ($12.8 billion or XAF7,491.9 billion) of global financial flows during the period under review. With $2.15 billion (XAF1,258.4 billion), Cameroon was the first …

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