NuRAN announces agreement for us$15,000,000 senior credit facility as financing for Cameroon and DRC projects
NuRAN Wireless Inc., a specialist rural telecommunications company, is pleased to announce an agreement in principle for a senior secured credit facility with a development finance institution that provides up to US$15,000,000 in total funding.
Orange, partenaire majeur du football africain depuis 2008, est sponsor officiel de la Coupe d’Afrique des Nations pour la 7ème édition consécutive.
Orange, a major partner of African football since 2008, is the official sponsor of the AFCON for the 7th time in a row.
[Cameroun] L'AfDB accorde plus de 38 millions de dollars pour la gestion des eaux pluviales et l’hygiène
Le Conseil d’administration du Groupe de la Banque africaine de développement a accordé un prêt de 38,55 millions de dollars américains au Cameroun pour le financement du Projet complémentaire d’assainissement durable de la ville de Yaoundé.
NuRAN Wireless Inc. is pleased to announce the approval by the credit committee of a local Cameroon bank of a project loan facility to fund the construction of up to 122 sites in Cameroon.
Phoenix Advisory includes Managing Partner Albert Désiré Zang and more than 10 professionals. The firm provides tax services to individuals, businesses and corporations based in Cameroon and other African countries.
Orange et la Coopération Allemande inaugurent « Orange Digital Center » un écosystème entièrement dédié au développement de compétences numériques et à l’innovation.
Orange Cameroon, German Development Cooperation inaugurate sixth digital center in Africa and the Middle East
Orange and the German Development Cooperation are inaugurating, an Orange Digital Center in Douala, an ecosystem entirely dedicated to the development of digital skills and innovation in Cameroon.
The World Bank approved a credit from the International Development Association (IDA) in the amount of $100 million to support Cameroon’s efforts in promoting digital inclusion and the use of digital solutions in the agriculture sector.
The new office covers the Economic Community of Central African States (ECCAS), composed of Cameroon, the Central Africa Republic, Chad, Congo, the Democratic Republic of Congo, Equatorial Guinea and Gabon.
Hilton has announced the signing of an agreement with Société Nouvelle des Cocotiers (SNC) to launch its upscale DoubleTree by Hilton brand in Cameroon.
MTN is pleased to announce a mobile money partnership with Africa’s leading payments technology company, Flutterwave.
Orange a ainsi lancé une plateforme digitale exclusivement dédiée au gaming qui réunit aujourd’hui plus de 10 000 joueurs issus de plus de 15 pays.
Le Groupe de la Banque mondiale (BM) accompagne l’offre de formation de la jeunesse en consentant un financement substantiel d’un montant global de 97,5 millions de dollars au secteur éducatif.
UN Under-Secretary General and Executive Secretary of the United Nations Economic Commission for Africa (ECA) and Cameroon’s Minister of Finance discussed, the country’s need to move fast while keeping up the fight against COVID-19.
With the support of Economic Commission for Africa (ECA), African girl coders are taking the lead in ensuring gender equity and balance in technology on the continent, a field majorly dominated by their male counterparts.
Mobile Money Corporation a le plaisir d’annoncer le lancement de sa nouvelle campagne baptisée « MoMo Pay », qui récompense tous les paiements effectués à partir du compte MTN MoMo.
MTN Cameroon has launched the MoMo Pay promotion, which rewards all payments made from the MTN MoMo account., which runs until 31 October.
Tower Resources announced it has executed a binding Heads of Agreement (HoA) in respect of a farm-out to Beluga Energy of a 49% non-operating working interest in its Thali Production Sharing Contract in Cameroon.
Mdxi-MainOne consolide sa position dans le developpement de l'écosystème numérique de l'Afrique de L'Ouest
MDXi, une entreprise de MainOne continue de consolider sa position de leader des data center en Afrique de l'Ouest avec le lancement de son nouveau data center à Appolonia City, au Ghana.
MDXi, a MainOne company, continues to consolidate its position as the leading Data Center Business across West Africa with the launch of its recent Data Center in Appolonia City, Ghana.
Mokwe Welisane Nkeng est un Camerounais qui a fondé la Fondation Welisane, un centre d'entrepreneuriat social et à but non lucratif qui cherche à résoudre les problèmes qui affectent et empêchent les filles et les femmes de progresser dans la société.
Mokwe Welisane Nkeng is a Cameroonian who founded Welisane Foundation, a non-profit and social entrepreneurship hub which seeks to address issues that affect and block the girl child and women from advancing in the society.
VOXOX, a 5G-enabled AI cloud communications company announced a strategic partnership with GTS Africa, a French value added communications network operator doing business in Cameroon and Nigeria.
Over 8,500 girls and young women from across Africa are getting a head start into careers in computer coding to help transform African economies thanks to a two-week formation exercise opened by Cameroon’s Minister of Posts and Telecommunications Minister
Spacecom, the satellite services provider and owner-operator of the AMOS satellite fleet, announced it has signed a strategic cooperation agreement with NuRAN Wireless Inc., including a USD 3.2 million investment (CAD 4 million) in the Canadian communications company.
Victoria Oil & Gas announced it has entered into a definitive financing agreement with Meridian Capital to raise maximum gross proceeds of $7.5 million through the issue of unsecured loan notes, for Matanda licence in Cameroon.
The Food and Agriculture Organization of the United Nations (FAO), welcomed approval from the Global Environment Facility (GEF), for five FAO-led projects in eight countries, totaling more than $46.6 million in funding.
Savannah Energy in proposed acquisition of ExxonMobil's upstream and midstream asset portfolio in Chad and Cameroon
Savannah Energy announced it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon.
Tower Resources received formal confirmation from Cameroon's Minister of Mines, Industry and Technological Development (MINMIDT) of the details of the formal extension of the First Exploration Period of the PSC.
Ministry of Primary Education of Cameroon to receive 1 million licenses of Russian MyOffice software
The signed memorandum provides for collaboration in the form of a public-private partnership, under which Carousel Finance SA is to supply 1 million MyOffice licences to primary and secondary schools in the Republic of Cameroon over a period of 10 years,
With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups.
Astride Verushka NWAL is the Managing Director of Pharma Pro consulting, a company that distributes reliable and credible information to healthcare professionals on the products of the laboratories that it represents, and also supports pharmaceutical laboratories to set up for the development of their products in Cameroon.
Astride Verushka NWAL est la Directrice Générale de Pharma Pro consulting, une société qui distribue des informations fiables et crédibles aux professionnels de santé sur les produits des laboratoires qu'elle représente et il accompagne les laboratoires pharmaceutiques à s'installer pour le développement de leurs produits au Cameroun.
Cameroon will be better able to address the COVID-19 pandemic with a $100 million Development Policy Operation (DPO) approved to support the government of Cameroon to advance reforms for fiscal consolidation and competitiveness.
Through this framework agreement, ITFC will also be extending its support to SMEs and private sector through financing facilities to local banks and financial institutions.
MTN, Cameroon’s leading telecommunications company, is pleased to announce the launch of its new brand campaign dubbed “Unbeatable with MTN, the indomitable network”.
The U.S. Trade and Development Agency announced it has funded a feasibility study to connect more than 100,000 households in rural Cameroon to solar-powered minigrids that will utilize innovative battery storage technology.
BBC World Service partners with AfricaWeb to offer digital content to audiences in Ghana and Cameroon
This partnership will offer for the first time The Comb podcast, a unique and fascinating news and current affairs product aimed at younger audiences across the continent.
BBC World Service s'associe à AfricaWeb pour offrir du contenu digital aux publics du Ghana et du Cameroun
Ce partenariat permettra d'offrir pour la première fois le podcast The Comb, un produit d'information et d'actualité unique et fascinant destiné aux jeunes publics du continent.
The Government of the Republic of Cameroon has notified Tower Resources Cameroon SA (TRCSA), that the President of the Republic has approved a further extension of the First Exploration Period of the Thali license.
Orange Cameroon has extended its Network as a Service (NAAS) contract with NuRAN Wireless to add a further 120 sites to its footprint in the market.
At the end of 2021, the French Cegelec will deliver a 105 km transmission line to electrify 150 villages which will boost the economic development of the region after the completion of the Lom Pangar dam power plant and transport infrastructure.
The United Nations World Food Programme (WFP) and the Government of China signed agreements to provide food assistance to vulnerable people in Cameroon, Guinea-Bissau, Sierra Leone and Uganda.
Vipp Interstis, a French BPO company with operations in Africa offering offshore solutions to French and European companies, has recently been recognized as one of the best places to work for in Caremoun and Benin.
With advisory support from IFC, a member of the World Bank Group, Activa Assurances have launched two new insurance solutions in Cameroon, aiming to reach up to one million women by 2022.
The trade deal, which will support jobs and build future prosperity, was signed by International Trade Minister Ranil Jayawardena and High Commissioner of Cameroon to the UK, H.E. Albert Fotabong Njoteh in London.
The Ministry of Transport informs that in early March 2021, it acquired speed camera enforcement systems to reduce traffic accidents in Cameroon.
The AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
Despite the global economic slowdown caused by COVID-19, the case for investing in African startups is stronger than ever with new opportunities being announced every day.
The United Nations Development Programmed has launched the Acceleration Laboratory for Cameroon which is aimed at stimulating the economic growth of local innovators and tackle global challenges.
Cameroon has received the first consignment of ambulances intended to strengthen the country’s health system as well as part of the response plan to the COVID-19.
Cameroon suspends the installation of GPS on trucks that transport goods to the Central African Republic
According to the Cameroonian Ministry of Transports, the parties agreed to suspend the installation of GPS on trucks that transport goods to the Central African Republic because of the large number of vehicles currently waiting for the installation of that equipment at the port of Douala.
H.E. Teodoro Obiang Nguema Mbasogo, Equatorial Guinea’s Head of State officially inaugurated Cameroonian oil operator, Tradex’s first service station last week after nine months of construction work.
The National Confederation of Cameroon Cooperatives and Agro-pastoral Federations, met development partners in Yaounde to find solutions to farmers' challenges such as project writing and financing.
[Cameroon] Microfinance institution "La Régionale" launches IPO procedures to get listed on the BVMAC
In a press release issued on February 3rd, 2021, Charles Rollin Ombang Ekath, Chief Executive Officer of "La Régionale", announced that his institutions started procedures to get listed on the Central African Stock Exchange (Bvmac) based in Douala.
In late January 2021, Cameroon-based group ST Digital (a pan-African IT solutions provider) launched “the first 100% African cloud” services.
Bowleven, the Africa focused oil and gas exploration group announced that New Age, Operator of the Etinde licence, has received formal approval to apply for a new Etinde Exploitation Agreement (EEA).
Funds advised by Kasada Capital Management announced the first transaction made through the debut fund, Kasada Hospitality Fund LP, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest.
Victoria Oil & Gas announced its wholly owned subsidiary Gaz du Cameroun S.A. has received, as operator, approval from the Minister of Mines, Industry and Technological Development for the extension of the Matanda Block licence.
[Cameroon] PIDMA delivers technologies to farmer organizations for sustainable cassava and maize production
The IITA Cassava and Maize Breeding Units in Nigeria have developed multiple cassava and maize genotypes with improved yields, starch content, resistance/tolerance to major pests and diseases.
Société Générale and the European Investment Bank (EIB) confirmed agreement of a new joint initiative to support economic development across Cameroon.
Victoria Oil and Gas (VOG) announced that its wholly owned subsidiary Gaz du Cameroun S.A. and VOG have entered into a confidential Settlement Agreement with CHL, terminating the litigation with CHL and terminating the CHL Royalty Agreement.
dLocal, the cross-border payment platform connecting global merchants to emerging markets, has expanded its payments network to include Kenya, Senegal, Ghana, and Cameroon.
Africa focused oil and gas exploration group Bowleven announced that together with its joint venture (JV) partners, continue to make good progress on the Etinde development, offshore Cameroon.
Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services (ICTSI) has started commercial operations at the Multi-Purpose Terminal of the Port of Kribi in Cameroon.
The International Fund for Agricultural Development of the United Nations (IFAD) announced a $59.9 million investment to fund a six-year extension of the successful Commodity Value Chain Development Support Project (PADFA).
GreenTec has announced its investment in Freshbag, an innovative digital Cameroon platform that connects farmers and vendors to ensure a fair and reliable food supply network.
The Interministerial Committee on Railway Infrastructure, COMIFER, chaired by the Transport Minister, has noted the completion of the renovation work on 13 railway bridges.
International Container Terminal Services, Inc. (ICTSI) has signed the concession contract with the Port Autonome de Kribi for the development, operation and maintenance of the Kribi Multipurpose Terminal in Cameroon.
Universal Music Group (UMG), global music-based entertainment, has announced the further expansion of its Def Jam Africa division into three new markets within French-speaking Africa
Infinet Wireless, a provider of fixed broadband wireless connectivity, has opened a new regional office in Cameroon as the company expands its operations in one of the world’s fastest growing economic regions.
Ethiopian Airlines, Africa’s largest airline resumed its service to Duala and Yaoundé in Cameroon, with services being initially available three times a week on Tuesdays, Thursdays and Saturdays.
The World Bank approved $125 million International Development Association (IDA) credit to increase equitable access to quality general secondary education and to strengthen skills development programs particularly for girls in Cameroon.
Pan-African banking group Ecobank has appointed Mr Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015, as Board Chairman of its holding company, Ecobank Transnational Incorporated (ETI).
MTN Group has announced the appointment of new chief executive officers for two of its West African operations, MTN Cameroon and MTN Benin.
The World Bank approved two operations totaling $346 million in IDA financing to help strengthen resilience and livelihoods in the Lake Chad region, which is shared among Cameroon, Chad, Niger and Nigeria.
Education Cannot Wait (ECW) announces a $1.5 million allocation to support the education in emergency response to the COVID-19 pandemic in Cameroon.
The Cargill Cocoa & Chocolate 2018-2019 Sustainability Progress Report has highlighted how Cargill is using technology to connect every dot in the cocoa supply.
To further solidify its market-leading position, DHL Global Forwarding has made some key appointments to its leadership teams in Central and Southern Africa.
Convergence Partners announced that it has completed the 100 per cent acquisition of Vodacom Business Africa’s operations in Nigeria, Zambia and Cote d’Ivoire.
As part of ongoing efforts to combat child labor in the cocoa sector, Cargill is leveraging existing partnerships to extend the reach of its child labor monitoring and remediation mechanisms.
The African Development Bank has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
Angola, Senegal, Cameroon, Ghana and Nigeria among the most hard hit amid Covid-19 and oil price plunge, African Energy Chamber
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price.
Cameroon government seeks $107 million financing from ITFC to bolster soybean and cotton seed processing
The government of Cameroon is seeking $106.9 millon financing from The International Islamic Trade Finance Corporation (ITFC) for acquisition of soybean and cotton seed for processing.
MTN Cameroon has announced the suspension of the payment of fees on money transfers between MTN Mobile Money accounts.
Olam Cocoa has introduced the first of its kind, child labour monitoring and remediation program to be rolled out in Cameroon as part of its global commitment to put children first by tackling child labour.
The Russian developer of office software "My Office" and the Cameroon's Ministry of Education have agreed to provide one million software licenses of My Office Education in schools.
Cameroonian cocoa farmers have seen healthy yields and an improvement in their income since they began planting a locally adapted seed variety developed in a laboratory in the capital Yaounde.
MusicTime®, the world’s first time based music streaming application has revealed its new corporate identity.
The African Development Bank and the multi-donor Fund for African Private Sector Assistance have joined the government of Cameroon to launch an initiative to bolster the deployment of electricity metering services in the country.
With 10 million subscribers being 49.5% market share and a turnover of nearly 219 billion FCFA, the leader of the Electronic Communications sector in Cameroon returns to growth in 2019, after four years of sharp decline.
Bowleven has confirmed the award of a contract to TechnipFMC to appoint them as lead FEED (Front End Engineering Design) contractor in respect of the proposed development of the offshore IM gas condensate field at Etinde, Cameroon.
Tower Resources has executed binding heads of terms in respect of a farm-out to OilLR Pty of a 24.5% working interest in its Thali Production Sharing Contract in Cameroon.
Cameroon’s North West region’s development authority, Mideno has officially launched a XAF750m approximately $1.25million, livestock and fisheries industry development project.
The African Development Bank reaffirmed its full support for the Lake Chad Basin Commission (LCBC), which brings together Cameroon, Niger, Nigeria and Chad, faced with the threat of the jihadist group Boko Haram.
MTN Cameroon has published the results of the Cameroonian edition of the MoMo Developer Hackathon Challenge 2019 competition that was launched in October 2019.
Clarke Energy, a Liverpool engineering company is helping African businesses reduce carbon emissions thanks to innovative hybrid engines.
Tower Resources, the AIM-listed oil and gas company with its focus on Africa has been awarded a one-year extension to the initial period of the exploration phase on the company’s Thali license offshore Cameroon.
MTN Cameroon, a key player in the telecommunications sector in Cameroon, has been awarded the GSMA Mobile Money certification.