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Tag: DOUALA

Companies

Cameroon to Enhance Cement Production Capacity with New Plants

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

Cameroon is increasing its cement production capacity to 12.7 million tons by 2025 with the construction of three new plants in Édéa. This expansion aims to meet local demand and …

Cameroon to Enhance Cement Production Capacity with New Plants Read More
Business / Companies / economics

Cameroon’s Public Debt Management: CFA6.9 Trillion Repaid Since 2010

March 14, 2025March 14, 2025 - by Liam Nguyen - Leave a Comment

Since December 2010, Cameroon has repaid CFA6.9 trillion in loans, demonstrating financial stability and confidence among investors. By early 2025, the country raised a total of CFA8.6 trillion to support …

Cameroon’s Public Debt Management: CFA6.9 Trillion Repaid Since 2010 Read More
Business / Companies / economics

Cameroon Stocks Experience Low Trading Activity Despite Strong Company Performance

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

Despite strong financial returns from Cameroonian companies, no trades were recorded at the BVMAC on March 12, 2025, as 3,000 shares were available but largely unsold. High volumes of shares …

Cameroon Stocks Experience Low Trading Activity Despite Strong Company Performance Read More
Business / Companies / economics

Cameroon Raises Over CFA8.65 Trillion Through Innovative Capital Market Financing

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

Since 2010, Cameroon has raised CFA8.65 trillion from capital markets, mainly through the BEAC money market. This shift to the money market, reflecting competitive advantages in cost and efficiency, has …

Cameroon Raises Over CFA8.65 Trillion Through Innovative Capital Market Financing Read More
Companies

Yango’s Expansion in Cameroon: Creating Jobs and Improving Mobility

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

Yango, the ride-hailing service from Yandex, has generated 6,000 jobs in Cameroon since 2021, with ongoing expansion aimed at improving transport solutions. Country Manager Clovis Pilla highlights partnerships with local …

Yango’s Expansion in Cameroon: Creating Jobs and Improving Mobility Read More
Business / Companies / economics

Cameroon Allocates CFA110 Billion for Public Sector Debt Clearance in 2025

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Cameroon has earmarked CFA110 billion for 2025 to clear debts owed by public entities, a 120% increase from 2024. This is part of a broader plan to address a total …

Cameroon Allocates CFA110 Billion for Public Sector Debt Clearance in 2025 Read More
Business / Companies / economics

Cameroon Launches Public Bond Issuance Program to Raise CFA145 Billion

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

Cameroon is launching a public bond issuance program to secure CFA145 billion from March 17 to March 31, featuring six Treasury Bond issuances with maturities of 3 to 7 years. …

Cameroon Launches Public Bond Issuance Program to Raise CFA145 Billion Read More
Companies

Canyon Resources Limited Acquires 9.1% Stake in Camrail SA for Strategic Advantage

March 10, 2025March 10, 2025 - by Allegra Nguyen - Leave a Comment

Canyon Resources Limited has acquired a 9.1% stake in Camrail SA, enhancing logistics for bauxite transportation in Cameroon. The deal includes purchasing shares from SEBC and Total Energies, reflecting a …

Canyon Resources Limited Acquires 9.1% Stake in Camrail SA for Strategic Advantage Read More
Climate change

Camwater’s Efforts to Combat Water Theft and Illegal Connections in Cameroon

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Camwater is addressing the alarming water crisis in Cameroon, tackling illegal connections and significant meter theft. With over 10,000 stolen meters reported, the company is enforcing strict measures against offenders …

Camwater’s Efforts to Combat Water Theft and Illegal Connections in Cameroon Read More
Politics

Cameroon Lawyers Strike Against Police Brutality Amid Growing Repression

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

Cameroonian lawyers began a three-day strike protesting against police brutality targeting their profession. The Bar Association condemned the violence and vowed legal action. This strike follows past protests, highlighting ongoing …

Cameroon Lawyers Strike Against Police Brutality Amid Growing Repression Read More

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