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EU Initiative Reports 80% Surge in Cameroonian Business Productivity
7 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, TourismThe EU delegation in Cameroon reported it has supported 300 very small enterprises (VSEs) and SMEs through the Cameroon Competitiveness Support Scheme (Dacc) over 4 years from 2020 to 2023. During this period, some beneficiaries reportedly experienced an 80% productivity surge. Financed by (...) -
Tile Production Start at Chinese-Owned Keda Factory Pushed to July 2024
7 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, TourismThe commencement of tile production at the Keda Cameroon Ceramics factory, situated in Bipaga within Cameroon's Southern region, has been rescheduled for July 2024, as revealed by a recent announcement from the Ministry of Mines. Previously, the ministry had indicated, by the end of January, (...) -
Cameroon-Chad Railway Project : Feasibility Study Complete, Route Selection Awaited
7 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, TourismThe feasibility study for the construction of a railway line between Cameroon and Chad has been completed, according to information released by the Ministry of Transport's communication unit. Although the findings of this study, disclosed in April 2024, have not yet been made public, Business (...) -
Billionaire Dieudonné Bougne expands mining presence with new permits
7 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, TourismCameroonian business magnate Dieudonné Bougne is solidifying his position in the mining industry by securing two additional exploration permits, out of the five issued since the beginning of 2024. The first permit, granted on February 13 to Bougne Compagnie (Bocom), a company already active (...) -
Central African Bank’s Bond Auction Fails to Attract Bids
6 mai, par Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management, TourismThe issuance of bonds by the Bank of Central African States (BEAC) on April 29 was declared unsuccessful due to a lack of subscriptions, the central bank announced in an official statement published the same day. Through this 28-day maturity bond issuance, BEAC had hoped to raise 50 billion (...)