ECONOMY

  Business in Cameroon  | On March 19, some fish shops and retail stores were closed, in Yaoundé, by order from the Minister of Trade Luc Magloire Mbarga Atangana. On March 23, two other rice stores in Yaoundé, Sorepco, and Sotracodim namely, fell under the same penalty. According to sources at the …

Business in Cameroon  | In Cameroon, the government is planning mass covid-19 testing but is “awaiting test kits” to organize the test. This was revealed by the Minister of Public Health Malachie Manaouda on his Twitter account on March 23. He was replying to a suggestion made by a user to organize …

Business in Cameroon  | Last weekend, there was a brief shortage of fuel, Super namely, at several petrol stations in Yaoundé. Users roamed many stations in vain and fear sparked about a shortage induced by the coronavirus health crisis. However, at the beginning of the week, stations were once again able to …

  Business in Cameroon  | On March 16, 2020, metallurgy company Prometal Aciérie’s executives gave a check of XAF100 million to the Minister of Public Health Malachie Manaouda as the company’s contribution to the fight against the Coronavirus pandemic in Cameroon. The leader of the metallurgy market in the country is the …

Business in Cameroon  | This week, the Sembé-Souanké-Ntam road will be inaugurated by Denis Sassou Nguesso during his visit in the Sangha department, official sources reveal. The 143 km road that connects Congo to Cameroon was built by Chinese company Sinohydro. It is a segment of phase 2 of the Ketta-Djoum (503 …

YAOUNDE, Feb. 21 Xinhua  | Cameroon plans to unveil a new technology hub called “Cameroon Silicon River” in its capital city here by 2030, officials said on Thursday. “Every African country needs to have its own African silicon valley. Cameroon wants to build a silicon nation, that is to say put in together …

Business in Cameroon  | Société Anonyme des Brasseries du Cameroun (SABC), a subsidiary of the French group Castel, indicates it recorded a consolidated net profit of about XAF16 billion in 2019. Year over year, this is down by about 34% if compared with the XAF24.3 billion recorded in 2018. The SABC explains …

Business in Cameroon  | In Cameron, 8,766 public servants are irregularly absent from work. According to the Minister of Civil Service Joseph Lé (photo), who revealed this in a statement dated February 14, this was discovered in the framework of the physical counting operation Coppe initiated in 2018. Joseph Lé In detail, …

  (Business in Cameroon) – In a correspondence dated January 8, 2020, Philemon Zo’o Zame, director-general of the Telecom Regulatory Agency (ART) asked Orange Cameroon to lower the cost of calls and SMS. “The 2020 offer intended for operators holding a concession has not been received and the 2019 offer intended …

(Business in Cameroon) – Camrail, concessionaire of Cameroon’s railway networks, is preparing to restart a train service between Yaoundé and Douala, the country’s two capitals. This express rail service was interrupted since the Eséka railway disaster of October 21, 2016. The relaunch of this service follows the recent receipt by the …