YAOUNDE, Cameroon – Cameroonian Traditional dishes may be falling out of favour in the Central African country, but that is if one fails to factor in this new initiative: Generations: Partners of Progress (GPP) and the African Investment Corporation (AIC) are working together to begin the process of standardizing and codifying Cameroonian cuisine [and later African], thereby […]
Category Archives: Cameroon News
Cameroon News
Publication and book signing of the books ” la boîte à outils du community manager africain : 10 outils pour démarrer ! ” and ” 13 kpi why : mieux comprendre ses principaux indicateurs clés de performance “, written by chedjou kamdem. Today, whether in the West, Asia, or Africa, social networks represent an increasingly […]
The event witnessed the participation of 101 expert speakers, 2092 participants from 99 countries, with 41 countries from Africa and over 47 global exhibitors. The Annual Investment Meeting successfully concluded AIM AFRICA Digital Edition which took place from the 29th – 30th of June 2021 via Events10x platform under the theme “Africa Unlocked: Innovation and […]
By Achare Takor, Head of Intellectual Property Desk, Centurion Law Group An Overview of Section 124b of the General Tax Code Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor […]
Economic Trends 2000-2020 by Dirk Bol March 2021 Introduction In this paper I intend to review Africa’s economic progress since the year 2000, so two decades. When I say Africa I mean Sub-Saharan Africa (SSA), 47 to 49 countries excluding the five North African ones (but including Somalia without data and South Sudan with little […]
Angola News, Cameroon News, Energy, Gabon News
African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon
The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic and, in particular, the most likely timing for “peak oil,” when crude production reaches its maximum rate before going into permanent decline. Predictions […]
Angola News, Cameroon News, Djibouti News, Energy, Ethiopia News, Gabon News, Nigeria News, Senegal News, Tanzania News
The African Energy Chamber is set to release its African Energy Outlook for 2020
What is the African Energy Outlook 2020? A comprehensive overview of the oil and gas sector across sub-Saharan Africa, with a focus on the strategic, operational and investment trends in the industry. Key insights Strategic: The low oil price environment is forcing African producers to sharpen their competitive edge. Several governments, including Angola, Gabon, and […]
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, and toured a number of […]
From 2013, numerous Nigerians have been seeking shelter in Cameroon after being rendered homeless by the notoriously outlawed extremist group Boko Haram, that has been brutally terrorizing their villages in the borderlands between Cameroon and Nigeria. Until this date, around 60,000 Nigerian refugees have taken shelter in the Minawao refugee camp- in the north-eastern territory […]
African News, Botswana News, Cameroon News, Ethiopia News, Kenya News, Main, Morocco News, Nigeria News, Sierra Leone, South Africa News
Illicit Financial Flows are Significant and Persistent Drag on Developing Country Economies
Trade misinvoicing undermines the impact of international trade in developing nations A new analysis of illicit financial flows (IFFs) due to trade misinvoicing in 148 developing countries demonstrates that trade-related IFFs appear to be both significant and persistent features of developing country trade with advanced economies. As such, trade misinvoicing remains an obstacle to achieving […]
African News, Cameroon News
The African Development Bank has provided Cameroon with an € 84 million loan for the development of livestock and fisheries
The loan was approved by the Board of the Bank on Wednesday to modernize the production of beef, pork and fish in Cameroon. This loan will contribute to ensuring food security, reducing poverty and improving the production infrastructure in rural areas. The project approved by the Board will specifically target raising standards and competitiveness in […]
Greenpeace Africa (Greenpeace.org/africa) has today published a report explaining how Singaporean based Halycon Agri and her Cameroonian subsidiary- Sudcam operate a sordid rubber plantation business in Cameroon. The report ‘Halcyon Agri’s Ruinous Rubber’ (https://goo.gl/qojPxK) exposes the threats of Sudcam’s operations to the ecosystem and local and indigenous communities in the south of Cameroon. Sudcam’s concessions are […]
Last year, Nigeria took a major economic hit — the country was losing approximately 700,000 barrels of oil per day as militants in the Niger Delta (such as the Niger Delta Avengers) targeted key Critical Energy Infrastructure Assets (CEIA) – such as pipelines, gas & oil platforms, etc.…- both onshore and offshore. The unanticipated loss […]
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience uplift in 2018. Still, political uncertainty ahead of Nigeria’s 2019 presidential elections and on-going security concerns are among the key risks for businesses operating in the region, says specialist global risk consultancy Control Risks (www.ControlRisks.com) in their annual political […]
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton and the import of agricultural inputs. The Agreement was signed by HE Louis Paul […]
On 11 October 2017, the Government of Cameroon deposited instruments of ratification or accession to three international conventions prepared by the United Nations Commission on International Trade Law (UNCITRAL). These three treaty actions are a remarkable illustration of Cameroon’s greater commitment to the harmonization of international trade law in Africa. They are to be seen […]
The United Nations Convention in Transparency in Treaty-based Investor-State Arbitration (“The Mauritius Convention on Transparency”) will enter into force today, 18 October 2017. The Convention has to date been ratified by Canada, Mauritius and Switzerland. None of the ratifying States made reservations and, as a result, the Transparency Rules are now part of the investor-State […]
Morocco-based financial services company Wafacash (www.Wafacash.com) is scaling up operations with leading digital money transfer service WorldRemit (www.WorldRemit.com) to offer instant money transfers across West and Central Africa. The companies already work together in Morocco and Senegal, but will expand into Cameroon, Benin, Burkina Faso, Niger and Cote D’Ivoire before the end of the year. The new service will […]
Regional energy ministers to debate energy reforms in opening session “The ‘Linking up: Public-Private Partnerships in Power Transmission in Africa’ report has a very simple message: the private sector is already actively involved in power generation in Africa, and the same could happen in the transmission sector as has happened in other parts of the world under […]
An International Monetary Fund (IMF) staff team, led by Corinne Deléchat, visited Yaoundé during August 22–29, 2017 to review recent economic developments and discuss the 2018 budget and medium-term budget framework. On June 26, 2017, the IMF Executive Board approved a three-year arrangement under the Extended Credit Facility (ECF) with Cameroon for SDR 483 million […]
Several regional energy ministers confirmed for October power forum Encouraging private and public collaboration to make energy deals happen is high on the agenda at the rebranded Future Energy Central Africa forum that is taking place from 2-3 October in Yaoundé, Cameroon this year. “We have deliberately put together a very practical programme” says event director Marie Sachet, “because […]
Exclusive interview with Lucio Monari, Director, Energy and Extractive Global Practice at the World Bank. He will address the CEO Forum at the upcoming African Utility Week on a World Bank study on the “Financial Viability of Electricity Sectors in Sub-Saharan Africa”. 1) We look forward to having you at African Utility Week, can we […]