WorldRemit, the leading digital money transfer service, has partnered with Express Finance SA Cameroon for international mobile money transfers to Cameroon.
Financial close of the €1.26 billion Nachtigal hydro power plant to be built in Cameroon has been achieved.
The European Commission and the African Development Bank have signed two co-financing agreements for the Cameroon-Chad electricity interconnection project and the trans-Saharan fiber optic scheme.
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Convertible Loan Agreement with Project Élan 1 SAS, committing up to $1.7m to develop Project Élan Solar in Cameroon.
Africa50, the pan-African infrastructure investment platform, has acquired 15 per cent of the equity stake in the Nachtigal Hydro Power Company.
The African Development Bank (AfDB) has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of the country.
Africa Finance Corporation is investing in the Nachtigal Hydro Power Company in Cameroon.
The European Investment Bank has announced its strong support for the construction of a 420-MW hydropower project in Cameroon.
International Finance Corporation, IFC has announced an agreement of $1.6 million with Atlantic Financial Group Central and East Africa to expand access to digital financial services.
A far-reaching in-depth study, led by Nielsen, of television reception throughout Nigeria, Cameroon and Ivory Coast, has positioned Eutelsat as satellite market leader within these countries.
IFC, a member of the World Bank Group, in partnership with the Government of Cameroon, and EDF have signed a set of agreements that will lead to the construction of the Nachtigal hydroelectric plant.
A senior official of the UN Economic Commission (ECA), has told Cameroon’s development planning and statistics authorities that the law of the market, called ‘the invisible hand’ in economics, cannot by itself promote diversification, industrialization and the structural transformation of the economies.
About 70 stakeholders comprising executives and planning experts, statistics executives and experts, members of the civil society and representatives from the private sector will converge in Yaounde to review and validate two ECA studies on accountability and statistics in development planning in Cameroon.
UNIDO's Investment and Technology Promotion Office (ITPO) in Tokyo continues to foster international engagement towards TICAD7 as it hosted a very well attended multi-stakeholder dialogue on the "Africa and TICAD7" cooperation.
EgyptAir will launch two new routes in the African continent as of the end of January 2019. The new routes are to Kigali, Rwanda and Douala, Cameroon.
Colin E. MUKETE, Chairman of the Board of Directors of MTN Cameroon, has announced on behalf of the Board, the appointment of Mr. Hendrik KASTEEL to the position of Chief Executive Officer of MTN Cameroon, effective 17 September 2018.
Latency, the tiny time delay when a data stream has to travel thousands of kilometers between computers on different continents, is regarded as the enemy of the digital economy.
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
The African Development Bank Group has extended a loan of €84 million to Cameroon to support livestock and fish production in the central African country in line with the Bank’s strategies to create jobs and raise household incomes.
The UN Secretary General’s Special Envoy on Road Safety – Mr. Jean Todt has unveiled the Cameroon Road Safety Performance Review Report jointly commissioned with the UN Economic Commission for Africa.
Bolloré Transport & Logistics, Camrail and SEPBC have recently combined their activities within the Bessengué loading site to increase volumes of exported timber from Bélabo in Cameroon.
Bolloré Transport & Logistics has signed an agreement with Jumia, a company specialising in e-commerce, and the Cameroon Customs to facilitate e-commerce in Cameroon and contribute to its development.
Greenpeace Africa has published a report explaining how Singaporean based Halycon Agri and its Cameroonian subsidiary- Sudcam operate a sordid rubber plantation business in Cameroon.
The World Bank Group has approved an investment package of $794.5 million for the Nachtigal Hydropower project in Cameroon, to help the country reach its goal of providing access to electricity for 88 percent of its people by 2022.
The Rougier Group has announced the sale of its forest and industrial activities in Cameroon and the Central African Republic.
GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a partnership to strengthen the remittances ecosystem in CEMAC region.
Businesses in Cameroon are poised to take advantage of new proposals to boost their digital economy.
MTN announces the signature of a Memorandum of Understanding with the Ministry of Secondary Education for the use of its Mobile Money solution for the payment of school fees and related charges in Cameroonian secondary schools.
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
Despite its laudable development plans as well as the rising level of transformation of its local products, Cameroon still has big gaps to plug in terms of the structural transformation of its economy.
[Cameroon] Camtel selects Friendly Technologies to improve subscribers’ quality of experience and reduce operation costs
Cameroon's national telecommunications and Internet service provider, Camtel, has chosen Friendly Technologies' TR-069 ACS solution for remote management of the subscribers' Customer- provided equipment, CPEs.
The President of the Republic of Cameroon, Paul Biya has ratified the agreement to establish the African Legal Support Facility in the presence of his cabinet.
UNECA launches campaign to have Central African states operationalize preferential tariff to ease trade
The United Nations Economic Commission for Africa is launching a campaign to have all countries of the Economic Community of Central African States operationalize the ECCAS Preferential Tariff one of the instruments for easing trade in the zone.
The British High Commissioner to Cameron, H.E. Rowan Laxton, and Mr. Luc Maglire Mbarga Atangana, Cameroon’s Minister of Commerce have laid the foundation stone for the construction of the Douala Grand Mall and Business Park.
Nestlé Cameroon has inaugurated a production unit for its range of Nido fortified powdered milk in the presence of the Ministry of Mines, Industry and Technological Development.
Afreximbank, Development Bank of Central African States in pact to promote trade and regional integration
The African Export-Import Bank, Afreximbank, and the Development Bank of Central African States have entered into a memorandum of understanding to harmonize their efforts in the promotion of trade and regional integration.
Nokia and Orange Middle East & Africa are rolling out a Nokia single radio access network and network management technology across seven African countries in a three-year modernization project to prepare for the launch of 4G services.
The ports of Antwerp and Douala in Cameroon are to collaborate closely with each other over the next five years.
Actis, a leading growth markets investor has started construction on “Douala Grand Mall & Business Park”, Cameroon’s first destination retail & leisure mall.
MTN Cameroon, leader of the telecoms sector in Cameroon announces the launch of its new digital proposition, Facebook Flex in partnership with Facebook.
Hermann Kamte, young Cameroonian architect and the founder of company Hermann Kamte & Associates (HKA), is the driving force behind the famous sketch of Lagos Wooden Tower.
The African Development Bank (AfDB) Group will work towards the realization of a system for fiber optic interconnection between the Central African Republic, Cameroon and Congo.
The United Bank for Africa, UBA Cameroon, has built an ultra-modern business office in the University of Douala designed to provide modern banking services to students, staff and other esteemed customers.
The International Islamic Trade Finance Corporation 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.
MTN Cameroon and Ericsson have been working together successfully in 2017 under the Product Take Back program (E-waste take back) to minimize the potential environmental impact associated with the disposal of decommissioned electrical equipment.
The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of € 150m to help finance the 420 MW Nachtigal hydroelectric project, with the financial support of other partners.
Louis Berger has been awarded a $1.7 million project management and construction supervision services contract by the Cameroonian and Nigerian governments for construction of a two‑lane bridge over the Cross River at Ekok/Mfum.
The Carlson Rezidor Hotel Group, which is among the fastest expanding hotel groups in the global hospitality space, has recently announced that it is continuing its ongoing growth in Africa, opening a property in its 30th country on the continent: Cameroon.
Cameroon becomes first country to earn 5 Star certificate of excellence for active use of medical tech
SystemOne, a global health disease intelligence for rapid detection and response, has awarded Cameroon a 5 Star Quality Program for GxAlert Technical Excellence.
Africa’s largest airline group, Ethiopian Airlines, is pleased to inform its customers that it will add a 6th weekly service to and from Yaoundé & Libreville effective November 3, 2017.
As the most robust economy in Central Africa, Cameroon, has in the past decade taken steps to further boost growth, making major advances in providing health, education and clean water to become a middle-income country by 2035.
Nestlé Cameroon and the Ministry of Public Health have organized a forum on the theme: “responding to the nutritional challenges in Cameroon."
Cameroon and United Nations Industrial Development Organization (UNIDO) have signed the “Inclusive Development and Entrepreneurship for All (IDEA) – Private Sector Development Support Programme (PADSP) for Cameroon” and its related Trust Fund Agreement.
Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa
Morocco-based financial services company Wafacash is scaling up operations with leading digital money transfer service WorldRemit to offer instant money transfers across West and Central Africa.
United States Agency for International Development Administrator Mark Green has announced that the U.S. President's Malaria Initiative , led by USAID and implemented together with the U.S. Centers for Disease Control and Prevention, will launch new country programs.
Javnyuy Joybert is the founder of COSDEF Group, a Cameroonian social enterprise business whose four startups staggered across education, employment, finance and ICT seek design solutions to Africa’s problems, create impact and make money.
Actis, a leading growth markets investor, and Genesis Group have signed an agreement to bring the premier cinema to Douala in Cameroon.
Angele Messa runs Kamerbigbang.com an online business in Cameroon that works with the youth by equipping them with practical skills necessary to gain quality education which then facilitates their inclusion into the job market or transforms them into job creators.
Cargolux Airlines is set to introduce two new destinations in Africa, Douala in Cameroon and Lubumbashi in the Democratic Republic of Congo (DRC). Services to Lubumbashi will begin on 15 September while Douala is served as of 3 October.
The MTN Foundation, first corporate foundation created in Cameroon, announces the launching of a campaign to treat obstetrical fistula in the Greater North of Cameroon.
The Commonwealth is helping Cameroon explore ways to increase the benefits of e-commerce and digital trade as a tool for achieving its national development plan.
[Cameroon] Bolloré Transport & Logistics, CMA CGM and CHEC sign concession agreement to manage Kribi container terminal
A consortium of French and Chinese companies have signed a concession agreement to Cameroon’s Kribi Containers Terminal, a reference Port Terminal in Africa.
Total and Worldline partner with African Fintech InTouch to support deployment of Guichet Unique solutions in eight African countries
Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch.
Labacorp Group has built a name and legacy in key economic sectors spanning real estate, agribusiness, manufacturing and construction among others. It oversees the activities of nine wholly owned-majority owned operating member companies
Several African fruit producers and exporters have come together to create "AFFRUIBANA", the First Pan-African Association in defence of their Interests with members drawn from Cameroon, the Ivory Coast and Ghana.
MTN Cameroon, leading company in the telecommunications sector, announces the inauguration of the MTN Kribi Service Centre on 28 June 2017.
United Bank for Africa (UBA) has announced the roll out of the Debit MasterCard card in Cameroon in support of financially empowering all citizens.
MTN, telecommunications leader in Cameroon and Microsoft, announce the commercialisation of Office 365 services for enterprises through MTN Business, MTN’s entity dedicated to companies.
This week, more than 138,000 vaccinators will fan out across five African countries in the Lake Chad area in a push to eliminate polio in Africa and rid the world of this terrible disease forever.
FAMOCO announces partnership with Orange Cameroon to improve the efficiency of their distribution network
FAMOCO, the leader in secure professional Android devices, announces a major commercial partnership with Orange Cameroon,a strategic choice by Orange to increase the efficiency of its distribution network (reduce fraud, theft and loss of data) and to meet compliance needs.
Following their nomination by the Société Nationale d’Hydrocarbures (SNH), French oil company Perenco has appointed Bolloré Transport & Logistics Cameroon for the management and logistical coordination of a gas power station expansion directly connected to a Floating Liquefied Natural Gas (FLNG) facility off the coast of Cameroon.
IFC, a member of the World Bank Group, signed a $16.5 million investment with Standard Chartered Bank Cameroon.
Export – Import Bank of India has committed $93.50 million to the government of Cameroon for construction of the 225 kV Nkongsamba - Bafoussam and Yaounde – Abong Mbang Transmission Line.
In the financial year 2017-2018, the Cameroon government has pledged to surface a total of 1,615 km of new roads, the Minister of Public Works, Emmanuel Nganou Djoumessi, announced.
Central African region’s poultry hatchery, Agrocam, located in Douala Cameroon, has purchased one of General Electric’s Jenbacher J316 gas engines from Clarke Energy, GE’s distributor of Jenbacher gas engines in Cameroon
With 3 million clients currently connected to its network, Nexttel is the third mobile operator in the country in terms of customer base, far behind MTN and Orange Cameroun
The Cameroonian subsidiary of South African telecoms operator MTN has unveiled a service that will now allow customers access mini statements on mobile transactions as it seeks to improve customer convenience.
The association of Cameroon businessmen and the Moscow Chamber of Commerce are exploring the idea of setting up a coffee trading market. The project, which the Minister of Commerce
MicroSave and The MasterCard Foundation collaborate to Advance Digital Finance Services in Francophone Africa
MicroSave, in partnership with The MasterCard Foundation, today launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa.