Browsing: BUSINESS

Cameroon ranked 40th democratic country in Africa

In its 2019 democracy index recently published the Economist Intelligence Unit (EIU) ranks Cameroon as the 40th most democratic country in Africa out of 50 countries ranked in the continent. Seychelles, South Sudan, Somalia, and Sao


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Minister Motaze encourages Customs to forge ahead for more glaring results in 2020

By DOH JAMES SONKEY Finance Minister, Louis Paul Motaze has encouraged his collaborators of the Directorate General of Customs to forge ahead for better results and go beyond their budgetary target of FCFA 859, 2 billion


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Despite CDC’s activity shutdown, banana exports increased in 2019 over 2018

In 2019, banana exporters operating in Cameroon shipped 204,320 tons of banana to international markets. Compared with the 203,721 tons exported by the same exporters by December 31, 2018, this volume is up by 599 tons,


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Limbe hosts national maritime and ports day for first time ever

By NOELA EBOB BISONG The city of Limbe, South West region of Cameroon, for the first time ever, shall host the National Maritime and Ports day. The first two editions of the event took place in


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Nganou Djoumessi reviews road infrastructures with key stakeholders

By DOH JAMES SONKEY Road infrastructures in Cameroon came under meticulous review last December 27 and 30, 2019 at the conference hall of the Emergence Building in Yaounde, during a two-day series of meetings between Public


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2,100 selected for Tony Elumelu Foundation, UNDP partnership programme

By NDUMBE BELL GASTON The Tony Elumelu Foundation, a traditionally private sector driven philanthropy, has selected 2,100 youth-based entrepreneurs out of an estimated 81,000 online applications from 7 Sahel countries such as Nigeria, Chad, Niger, Cameroon,


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Cameroon obtains FCFA 52.7 bn from AfDB bank

By SIMON NDIVE KALLA Recently, Cameroon, through its Ministry of Economy, Planning and Regional Development MINEPAT signed a loan agreement for a little more than FCFA 52.7 billion with the African Development Bank (AfDB), official sources


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MTN Cameroon start-ups gain international recognition

By NDUMBE BELL GASTON One of MTN Cameroon’s sponsored start-ups called Innovative Clan was selected among a short list of ten contenders at a digital technology competition called the Daikim Samurai Incubate Ideathon Airtech Bootcamp Africa,


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Nestle Cameroon bags best corporate awards

By NDUMBE BELL GASTON Nestlé Cameroon was recently nominated the best corporate social responsibility (CSR) company in 2019, for her innovative approaches to positively impact the lives of individuals and communities and for creating shared value


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Cameroon growth forecast drops from 4.4% to 3.9%

By SIMON NDIVE KALLA Due to the May 31, 2019, fire outbreak at SONARA, Cameroon had to revise its growth forecast for 2019 from 4.4% to 3.9%, the 2020 finance bill reveals. Due to that same


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