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Business in Cameroon

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Articles

  • Local wood processing boosts logging in Cameroon, up 12.2% in Q4 2023

    8 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, Tourism
    In the last quarter of 2023, the forestry and timber industry emerged as the primary driver of growth in the primary sector in Cameroon. According to the report released on May 7, 2024, by the National Institute of Statistics (INS) on the national accounts for the fourth quarter of 2023, this (...)

  • Cameroon’s economy grows 3.1% in Q4 2023 despite oil sector slowdown

    8 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, Tourism
    Cameroon’s economy saw a 3.1% growth in the fourth quarter of 2023, according to a report released on May 7 by the National Institute of Statistics (INS). This growth, compared to the same period in 2022, was driven by positive momentum in the primary and tertiary sectors, contributing 0.6 and (...)

  • Starlink’s Cameroon debut sparks business optimism, govt unease

    8 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, Tourism
    Cameroon's small and medium-sized enterprises (SMEs) and startups are eagerly awaiting the arrival of Starlink, a satellite internet network developed by SpaceX, the company founded by billionaire entrepreneur Elon Musk. The technology promises to revolutionize internet access in the country, (...)

  • Three Cameroonian firms secure $53mn road maintenance contract

    8 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, Tourism
    Three Cameroonian companies have won contracts to perform maintenance works on 614 km of roads in several parts of the country. The deals are valued at a little more than CFA29 billion including all taxes. The decision to award these contracts was signed on May 6 by the Minister of Public (...)

  • Douala Municipality estimates road repair costs at CFA180bn

    8 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, Tourism
    Roger Tchangang Kamnang, Director of Major Works at Douala's Urban Community, the city's municipal authority, has reported that over 30% of Douala's 700 kilometers of paved roads, roughly 225 kilometers, are significantly deteriorated. According to Kamnang, the CUD estimates the budget needed (...)