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Cameroon Businesses now accepting electronic payments
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Douala, Cameroon – Starwood Hotels & Resorts has received the World Travel Award for ‘Africa’s Leading Hotel Brand’ at a prestigious ceremony that took place in Durban, South Africa, on 11 May 2009. The most important night for Africa’s travel and tourism industry, the World Travel Awards celebrate the achievements of some [...]

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Mining companies continue to be under pressure worldwide as alternative energy initiatives expand. From China to Cameroon, governments and the public are weighing the costs and benefits of damage to the environment vs. creating new “clean energy jobs”.

The coal mining industry, coal mining companies and the mining industry are all re-establishing their relationships with the [...]

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Cameroon domain names for sale.

The president of NETCOM.cm Sarl, the official registry in charge of the Country Code Top Level Domains of The Republic of Cameroon, announced today that the top-level domain .CM will be launched this summer.
Mr. Moustapha Saya Kaigama, president of NETCOM.cm Sarl, will present the details about the launch and news about [...]

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Cameroon, In a recent study by United Nations Food and Agriculture Organization, if the pace of shrinkage of Lake Chad continues at the

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Yaounde, Cameroon July 14 (news.cameroon-Today.com)  -  “Not only has Chazerly Designs, Inc. relocated Crystal House, which has been up and down Main Street for at least a decade, but it has also transformed the downtown

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Cameroon education

Emmy-award winning musician and philanthropist Peter Buffett has teamed up with UNICEF Goodwill Ambassador and Grammy award-winning musician Angelique Kidjo, to

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The discovery of huge rich mineral reserves in the central African region is helping diversify the regions economic activities from its dominant oil sector base in the gulf of Guinea.

$10 billion dollars is expected to pour into Cameroon within the next few years helping drive its economic towards new mineral reserves in the region.

Gabon: 60 [...]

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REBEL PIRATES FROM CAMEROON DEMAND RELEASE OF THEIR COMRADES

The supremo of the rebel group Bakassi Freedom Fighters splinter group Africa Marine Commando (AMC) has asked that eight of his comrades be released in exchange of the six captives they had kidnapped in multiple incidents from various vessels.

Revolutionaries who claim that they are fighting for freedom [...]

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SIX HOSTAGES SECURE THEIR MUCH ANTICIPATED RELEASE

Douala, Cameroon October 1st (News.Cameroon-today.com) – The six seafarers who were abducted in series of bandit attacks off the Cameroon Coast on Sept 12th have been released by their captors.

In a series of bandit attacks that spanned the coast of New Guinea and Cameroon over six seafarers were [...]

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QUALCOMM EXPANSION PLANS TO AFRICA.
Douala, Cameroon October 2nd (News.Cameroon-Today.com)  -  Qualcomm the wireless services major from San Diego California have announced its plans to foray into various pats of Africa including Cameroon. The top officials of the telecom provider indicated that they plan to operate in the 3 G segment in a massive way.

Qualcomm based [...]

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FILIPINO SAILOR FREED AFTER DAYS OF CAPTIVITY

Douala, Cameroon, Africa October 4th (News.cameroon-today.com)  -  A Filipino seafarer who was captive of the Bakassi Freedom Fighters finally tasted freedom when he was freed from captivity last week after long weeks of confinement.

Yaounde, Cameroon, AfricaYaounde the Capital City of Cameroon
The Filipino sea farer who was kidnapped [...]

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Government aid positively impacts Cameroons Coffee Industry

Following active participation and funding from the Cameroon government in tune with the radically changing industry basics, coffee industry is indicating an upward impetus.

Where is Cameroon Africa located
A refreshing change to the dismal outputs in 2009-10 the cocoa industry has produced an outstanding yield this year. Expecting the growth [...]

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The stronger strategic ties between China and Africa will result in improved relationship between the emerging economic powerhouse and Cameroon states Chinese and Cameroon ambassadors.

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Cameroon is expected to import sugar from Brazil and Congo Republic to bridge the supply –demand gap in the country.

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Cameroon entered into a Voluntary Partnership Agreement with European Union that is a long term partnership intended to supply legally felled timber from the country to European Union.

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Minister of Forestry and Wildlife, Professor Elvis Ngolle Ngolle on behalf of Cameroon entered into a voluntary partnership agreement with the European Union to prevent export of timber that has been cut illegally.

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The Russian police arrested two sorcerers from Cameroon for allegedly scamming people of their money.
The Russian lawmakers held in custody two wizards from Cameroon under the charges of fraudulently taking money from people.

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GDF Suez SA an energy firm based out of France is planning to deploy 5 billion dollars to set up an LNG plant in Cameroon.

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Cocoa prices dropped by 100 CFA in Kumba, Cameroon owing to bad roads that make transport difficult.

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The Douala Maritime SeaPort Authority signed an agreement earlier this week with the Upper Penja Plantation, PHP, Group that amounts to privatizing the fruits terminal.

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Victoria Oil and Gas told the press today that the oil reserves that it owns in Cameroon have multiplied five-fold.

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Cameroon Economy – World Bank has offered to provide the government of Cameroon with 15 billion Francs CFA.

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The Essar Group has just come into the open about their decision to move out their brand “Yu” which is the name under which they are presently marketing their mobile based services in Kenya over to other African countries like Uganda, the Republic of Congo, Tanzania, Zambia and Cameroon.

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British oil company Victoria Oil & Gas (VOG) told the member of the press today that it may have to wait till early 2011 to commence its sale of gas unlike what had been previously planned to start by December this year. The reason for the postponement is the long wait that the company had to undergo to secure a license from Cameroonian government.

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Cameroon Domain .cm – Cameroon has been found to be among the top five most dangerous domains to browse on the web. A latest survey finds out shockingly that web browsers need to be doubly careful about where a casual surfing of the Internet can land them up in.

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Cameroon businesses – The results of the general census taken for businesses indicate that the country has around 93,000 businesses which provide employment to over 300,000 workers.
The General Census of Businesses that was taken between August and November 2009 by the National Institute of Statistics, NIS, indicated that the number of companies and business concerns amounted to 93,969.

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Cameroon Africa – A financial aid of 19.2 million dollars was provided by the US to Cameroon which is to be deployed to enhance food security in villages of the country.

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Cameroon Government and Business Companies in Cameroon Africa – Having reviewed the results of a study conducted recently the government of Cameroon has decided to enhance the performance of the businesses.

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Cameroon scammers – A Cameroonian man who claimed to be from a royal family in Africa provided Dh14.6million in Xeroxed US$100 bills and cheated an innocent Bahraini industrialist victim who was touted to be a potential investor.

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Cameroon Business – Victoria Oil & Gas expect to commence sale of LIQUEFIED NATURAL GAS (LNG) from the first quarter of 2011.

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Cameroon Businesses and Mining Companies – African Aura Mining board had given the go-ahead for continuing to restructure its assets.

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Cameroon business – Shares of BowLeven rose over 35% after BowLeven announced that it had a successful stint following explorations in West Africa.

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Cameroon Oil – The National Oil Spill Contingency Plan was released formally in a workshop at Yaounde.

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Cameroon telecommunication businesses – Alvarion has been shortlisted by 4G Africa to launch its 4 G network in Cameroon.

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CAMEROON CONGO – A deal has been signed between the Republic of Congo and Cameroon for a hydro power plant that will be beneficial to both countries.

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World bank in Cameroon, Africa – World Bank wants Cameroon to focus on sectors that will help it to maximize its competitive advantage over other nations.

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CAMWATER – The government has proposed to lay water pipes in 53 more areas in Cameroon through Cameroon Water and Utilities Corporation, CAMWATER.

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Douala, Cameroon. Oil & Gas – Victoria Oil & Gas secured an investment of £10.8 mln which would be deployed towards the development of the Logbaba Liquefied Natural Gas plant.

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Cameroon oil – The Bakassi peninsula is being continually targeted by pirates for attack on oil boats.

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CAMEROON NATIONAL ASSEMBLY: PM Philemon Yang ANNOUNCES TAKE OFF OF MAJOR DEVELOPMENT PROJECTS BY GDF SUEZ IN CAMEROON.

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CAMEROON OIL AND GAS: SHARE PRICES OF BOWLEVEN SPIKE ON CAMEROON RIG POSITIVE NEWS UPDATES.

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Cameroon oil & Gas – Cameroon will not be able to conclude the Kribi Thermal Gas plant until September 2012, the projects in charge indicated.

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Cameroon Oil and Gas Companies – BOWLEVEN, the oil and gas company, saw the prices of its shares going higher by 6.5 per cent yesterday.

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Cameroon Banks – The banking Commission of Central Africa refused to accept Cameroon Bank Restructure Plan.

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CAMEROON OIL & GAS – VICTORIA OIL & GAS COMPANY SET TO BEGIN PRODUCTION OF LIQUEFIED NATURAL GAS, LNG IN DOUALA LOGBABA, CAMEROON, AFRICA.

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Cameroon Finance Law Ordinance Bill tabled to the Cameroon National Assembly

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Canadian construction major GCN-C has revealed a most path breaking development concept for Cameroon, doped EMERALD COAST FINANCIAL AND TOURISM FREE ZONE PROJECT.

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Cameroon Oil & Gas – Bowleven releases more happy news about the exploration pertaining to its oil well Sapele-1 which is located off the coast of Cameroon.

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Cameroon Telecommunication – The process of identification of Cameroon Mobile phone subscribers is set to on Tuesday November 30th 2010.

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SOSUCAM – The Government of Cameroon kicks off “Sugar Week” through which sugar will be sold directly to customers at reduced prices.

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Buea new market to be inaugurated on Tuesday December 7th 2010.

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The Government of Cameroon kicks off “Sugar Week” through which sugar will be sold directly to customers at reduced prices.

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Cameroon communication – A partnership deal between MTN Cameroon and Twitter will now permit MTN subscribers in the country to tweet using their cell phones.

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GenARDIS (Gender, Agriculture and Rural Development in the Information Society) funda a project which aims at providing cell phones to farmers in North West province to provide easier and faster access to market information.

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Cameroon railroads – A set of companies from South Korea is all set to design a plan to enhance rail connectivity in the country.

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CAMEROON TIMBER TRANSPORTATION – CAMEROON COMPANY SIGNS PARTNERSHIP DEAL WITH ECOLOGIX. Ecologix Resource Group has inked an agreement to enter into strategic tie up with an affiliate of a major Timber Transportation Company that operates out of Cameroon.

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Cameroon Coffee – Students in Free Enterprise are all set to re-launch Café Cameroon as the previous suppliers faced financial troubles to carry the business forward.

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The Export Price of robusta coffee from Cameroon jumped by 4.2% this week.

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Cameroon Coffee and Cocoa – Prices of cocoa are on a rise due to enhanced quality.

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Cameroon Diamond Mine – S.Korean C&K Mining Company stated that it has got the confirmation for developing a diamond mine in Cameroon.

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YAKADOUMA, CAMEROON AFRICA. DECEMBER 2010 (CAMEROON NEWS)   -  A company based out of South Korea has secured a license to set up a diamond mine in Cameroon.

A company that operates out of South Korea has secured license for mining diamonds from a mine located in one of the South Easter provinces of Cameroon.
A reliable [...]

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Cameroon Cocoa & Chocolate – Barry Callebaut AG & SIC CACAO ANNOUNCES INCREASED OUTPUT

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Cocoa exports from Cameroon’s major port in Douala reached 85,193 tonnes on December 19 which is the highest since the cocoa season started off in August

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CAMEROON BUSINESS: NEW LEASING LAW FOR DOING BUSINESS IN CAMEROON AFRICA.

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ARABICA PEAKS IN CAMEROON AFRICA.

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CAMEROON RAZEL MBORO KRIBI INDUSTRIAL SEAPORT PROJECT KICKS OFF

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ROBUSTA EXPORTS PEAK IN CAMEROON

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CAMEROON BRINGS DOWN FUEL PRICES – Cameroon deploys XAF138 Billion as a subsidy for fuel prices in 2010.

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EUROPEAN UNION (EU) & CAMEROON FIGHT TOGETHER AGAINST ILLEGAL LOGGING

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Batoke, Limbe Cameroon: Fishermen dumped dead catch of fish into the coast of the Atlantic Ocean out of frustration causing a stir in region due to the enormous smell

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Dangote has announced plans to invest around $100 million in a cement plant in Cameroon, Africa.

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Cameroon Deep Seaport – Cameroon has commenced the project of the ultramodern deep sea port at Kribi

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Cameroon Businesses – Business Monitor International has just released their annual report on “Cameroon Oil and Gas Q1 2011″

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The deep seaport in Kribi Cameroon is slated to proceed as per plans.

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SINO-CAMEROON: CHINA PROVIDES LOAN FOR KRIBI DEEP SEAPORT PROJECT – Cameroon takes a loan of 207 billion from China for the Kribi deep seaport project.

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CAMEROON OIL AND GAS – BOWLEVEN EXCAVATION REVEALS MORE HYDROCARBONS –

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Cameroon Exports: Cocoa Exports From Cameroon Africa Reaches 101,028 Tonnes In January 2011.

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Cameroon has decided to take grant from Export Import bank of China for construction of Kribi deep sea port.

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Benoit Assou-Ekotto has been given the title of the MoneyGram (International Money Transfer Company) African Player of the Month award for November.

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Construction Contract Given To French Company Coyne et Bellier For Cameroon Lom Pangar Hydro-Electric HYDEL Project.

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Cameroon has finalized the construction management contract for Lom Pangar hydro-electric project.

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Cameroon mining Campany, Geovic has announced that it will be making some new appointments to senior management posts.

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Cameroon Forestry and Logging Industry – Cameroon Bans Timber Exports

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African Aura Drilling In Cameroon Nkout Iron Ore Project Completed. African Aura has announced that is has finished the drilling program on its Nkout Iron Ore Project.

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Douala, Cameroon Africa. January 2011 (Cameroon News) – Cameroon, South Africa convene working sessions in Yaounde to discuss trade ties.
Delegates from the business communities of both countries held discussion sessions in the capital of Cameroon, Yaounde on Wednesday to find out methods and means of rectifying the imbalances seen in trade relationships between [...]

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African Aura provides a latest upate on Nkout iron ore project in Cameroon.

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Masters Degree course in International Biodiversity and Environment of Tropical Vegetations have started off at CRESA Forêt-bois, Nkolbisson-Yaounde yesterday

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Sundance teaches an important lesson as to how to key in on winners before they move out elsewhere.

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GCN CANADA SIGNS US$200 MILLION INFRASTRUCTURE DEVELOPMENT AGREEMENT WITH SIKON INC. FOR LIMBE CAMEROON PROJECT

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Cameroon Economy: More And More Foreign Goods Enter Cameroon Africa.

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Cameroon Wildlife: Workshop On Fishing Regulatory Measures Convened

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Cameroon Business Opportunities: Massmart Plans On Expansion In Africa

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Biotechnology To Be Applied in Cotton Production in Cameroon Africa.

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Victoria Oil & Gas All Set To take Off In Cameroon.

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Sime muses on a proposal for investment in an oil plantation in Cameroon.

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Cameroon: Bowleven has once again started work on its exploration well off the Douala basin Sapele-1.

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African Aura has announced the decision to divide it iron and gold assets under separate entities.

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Agreement With Cameroon Not Been Inked Says Sime Darby.

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Watch Out For Cameroon Gulf Of Guinea

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Bowleven Focuses On Sapele Review

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Sime Darby Muses Over Cameroon Expansion. Sime Darb Bhd is still considering their plans for expansion in Cameroon.

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The wood operation licenses of 72 companies were cancelled after they were found to be practicing illegal activities in timber extraction and processing.

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Cameroon Business Council Concludes On A Positive Note

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Cameoon Banks To Offer Loans For Cotton Harvest

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South Korean based C&K obtains license for a diamond mine in Cameroon.

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Cameroon Ties Up With Forbes Energy For Supply Of Renewable Energy

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Sundance Negotiates With POSCO. Australian Company Sundance has been holding talks with Korean steel major POSCO on investing in Mbalam Project.

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Cameroon: Studies conducted indicate that the Cameroon handicrafts sector suffers from a lot of serious problems which badly needs to be addressed with immediate effect.

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CEMAC To Tie-up With Israel For Improving Production. CEMAC to partner with Israel to Improve Agricultural Production.

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African Aura Shares Rise Again

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Latest Discovery Transforms Bowleven

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Cocoa Growers in Cameroon have indicated a sharp rise in their earnings and this has been attributed primarily to the Ivorian Crisis.

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Bowleven announced that it has come across a “significant hydrocarbon column” at its exploration well Sapele situated off the coast of Cameroon.

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Cameroon Mining: Legend Mining Company has started off with a drilling project on its iron ore targets at the Ngovoyang Project in Cameroon.

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Bakassi Oil Reserves: Nigeria, Cameroon proposes to set up combined Oil Exploration activities in Bakassi.

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BowLeven Share News: BowLeven Cameroon Begins drilling Sapele-2 well offshore Cameroon Africa

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International Tractors Set Up a New Plant In Cameroon

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Cameroon Mining Industry: Sundance Share Price Rises

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Cameroon Mining Sector: Talbot Sells Stakes In Sundance Resources

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Botswana Diamonds: Cameroon Government gives License to Botswana Diamonds for exploration of diamonds in its eastern region.

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Tax Consultant: Finance and Budget Committee is planning to review the bill that will set the mandates for eligibility as a Tax Consultant in Cameroon.

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Cameroon Mining Sector: Sundance has announced that it plans to invest $600 mln on Congo iron mine, Nabemba.

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Cameroon Russia: Russia Synergizes With Cameroon In Mining

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Cameroon Indonesia: Indonesia looks at kick starting new ties with Cameroon.

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Cameroon Economy and Finance: Cameroon recoils from the 2009 financial crisis.

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Sundance Resources has announced that it is on its way to finalizing with a Chinese state-owned steel mill as a strategic partner in its Mbalam iron-ore project.

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Chief Executive Officer of the New Partnership for Africa’s Development (NEPAD) Planning and Coordinating Agency, Dr Ibrahim Assane Mayaki states that the agency wants to prioritize on agriculture and infrastructure projects.

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Bowleven proposes to ramp up operations in their prospective offshore Cameroon blocks

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Oil and gas explorer , Bowleven, who have numerous projects in West and Central Africa said that they were planning to make more progress in the third and fourth quarters of 2011.

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Cameroon Natural Resources: Mbalam Iron Ore Project Estimated At $ US 4.6bn

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Government of Cameroon gets 14 % SCB Credit Agricole Shares.

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A group of students have designed a vehicle that will help to make lives better in a community in Cameroon at an affordable cost.

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Perenco SA, French oil company having projects in Africa and Latin America, to supply gas to a GDF Suez (GSZ) SA-managed liquefied natural-gas project Cameroon

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South Korea looks at Africa for a new and larger export market.

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Botswana Diamonds have started work in Cameroon

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Reconnaissance exploration programme set off on Cameroon diamond exploration licence to the south of C&K’s Mobilong diamond license

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Investors from the Singapore-based SIVA Group are working with the Cameroon government to set in the long term, over 200,000 hectares of oil palm plantations in the Ocean Division of South Cameroon.

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Geovic Cameroon, a mining company will effectively start exploiting cobalt, nickel and manganese in Nkamouna, Upper Nyong Division of East Cameroon, located some 400 km from the capital city, Yaounde by June 2014.

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Cameroon Mining Sector: Sundance Resources Ltd faces a steep dip in share prices.

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New Fish Development Strategy In Cameroon.

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CAMAIR-CO: General Manager of Cameroon Airlines Corporation (CAMAIR-CO), Van Elk announced CAMAIR-CO begin direct flights to Bangui, Dakar, Libreville & Lagos

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Victoria Oil & Gas: Exploitation Licence awarded by the President of the Republic of Cameroon for the Logbaba gas and gas condensate field Victoria Oil & Gas Plc, VOG

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Makossa Banana: Cameroon Strives To Increase Banana Production From 300,000 Tons. Makossa Banana: Cameroon, one of the main banana producing countries in the Africa, Caribbean and Pacific Countries (ACP) whose produce has the seal “Makossa Banana”, is striving to increase production from 300,000 tons per year, meet international standards and begin exportation to South East Asian countries, notably China.

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With a view of raising funds for its prestigious cobalt project in Cameroon, Geovic Mining might be ready to bring down its stakes in the mine.

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Cameroonians in Germany To Invest FCFA 656 Million in Medical Sector. Cameroonians living in Germany plan to invest FCFA 656 million in setting up a factory for the manufacture of medical equipment such as syringes and drips back in the country, targeting the Central African Sub-regional market.

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Legend Mining gets into a major infrastructure deal with Sundance Resources for Cameroon iron project.

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Victoria Oil & Gas has finally secured the relevant licenses to flag off the development of the Logbaba gas field.

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After they secured the Exploitation License that they had been long waiting for, Victoria Oil & Gas is all set to kick off production to bring out their first gas by Q4.

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The share prices of BowLeven increased the most in the past 6 Months as there were announcements of discovery of more oil in Cameroon.

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Sundance Resources has entered into an infrastructure agreement with Legend Mining.

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Legend Mining has secured assay results from Ngovayang Project in West Africa.

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Bowleven has announced a latest update on Sapele-2 Well, that is located offshore Cameroon.

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Austrian Company 4 G Solutions has announced the implementation of the first phase of 4G WiMax solutions in Cameroon.

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Sundance Resources Ltd may be asking for financial aid from China for its prestigious Mbalam Project in Cameroon.

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The people of Cameroon need no long worry about fuel as SONARA guarantees to produce fuel that is over and above what the country actually needs.

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Cameroon’s only cocoa grinder purchases 84 T of cocoa in March.

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Cameroon Business: Cameroon Exhibits Investment Potentials in Switzerland. Cameroon’s Minister of Economy, Planning and Regional Development, Louis Paul Motaze from May 10 to 13 led a government and business delegation that exhibited the country’s investment potentials in Switzerland cities of Zurich and Geneva during Cameroonian Days organized to woo Swiss investors.

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Afferro Mining has indicated that the results for the Nkout project indicate scope for adequate blast furnace feed.

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Cameroon is trying its level best to bring in investors from Switzerland for sectors like raw materials, agriculture and infrastructure.

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Facing tremendous pressure in Guinea, RUSAL is now looking at Cameroon’s bauxite reserves.

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Victoria Oil & Gas is gearing up for its first gas sales.

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IFC trains ADVANS Cameroon staff how they can offer support to smaller businesses in a more efficient manner.

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Russia’s biggest metal producer, RusAl is planning to produce bauxite and alumina in Cameroon.

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UC RUSAL is extremely interested in Cameroon bauxite.

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Russian mining major Rusal has entered into an agreement with the government of Cameroon.

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Cameroon Business: Dutch Investors Explore Opportunities in Cameroon. Dutch investors from 15 enterprises are currently on an economic mission in Cameroon to explore investment opportunities in the transport, port logistics, drainage, construction, gas and financial sectors.

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Cameroon proposes to improve its Gold output by more than 70%.

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Gold Mining companies plan to set up contracts with the government of Cameroon.

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A lot of big names in the oil and gas exploration sector is looking at strong prospects in Cameroon.

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4G has started off operations in Cameroon(Africa) under the name Yoo Mee.

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Cameroon Business: Singapore’s Investors Interested in Cameroon’s Agriculture and Constructions Sectors. A group of investors from Singapore are exploring investment opportunities in Cameroon, eyeing specifically the country’s agriculture and construction sectors and also determined to open a business corridor with Cameroon business people.

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Yaounde, Cameroon Africa(Cameroon News) –
Dutch representatives check out investment options in the country.

Dutch investors in Cameroon

Delegates from 11 Dutch companies are touring Cameroon in a probe to determine suitable potential business prospects in the central African country. The mission, slated to close by 28 May, was flagged off by the Netherlands-African Business Council, [...]

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Dutch representatives check out investment options in the country.

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A delegation of Singapore businessmen have meeting with their Cameroonian counterparts to scope out investment opportunities.

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Cameroon is planning synergize with FAO to get high grade seedlings in order to ramp up agricultural productivity.

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Mipromalo has inaugurated the semi-industrial production of Fired Bricks. Taking a major stride towards the industrial production of fired bricks in Cameroon, the Local Material Promotion Authority, Mipromalo, has put in place a semi industrial unit at the Nkolbisson neighborhood in Yaounde, which has been readied to yield 20.000 to 25.000 bricks a day based on the size.

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Mipromalo has inaugurated the semi-industrial production of Fired Bricks.

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Diamond exploration company, Botswana Diamonds has flagged off its reconnaissance programme in Cameroon.

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Cameroon Business – FCFA 60 Billion For Kribi Gas Fired Power Plant. A consortium of banks led by ECOBANK, will provide the loan of FCFA 60 billion to the Kribi Power Development Company, KPDC to accelerate work on the Kribi Gas Fired Power Plant in the seaside resort city in South Cameroon.

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The actual challenge is for Cameroon bankers to devise a system that will overcome the mistakes that they made in the past years.

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ATWOOD OCEANICS revealed that the contract for the Atwood Aurora has been finalized.

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Cameroon’s first 4 G operation is being launched under the name YooMee.

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AFFERRO MINING INC. has announced that there is confirmed presence of High Grade BIF Units at their iron ore mine Nkout East.

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The Kribi Power Plant gets more funding support.

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Afferro Mining has revealed that the latest update on Nkout East Cameroon project indicates the presence of high grade iron ore.

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Hydrocarbons Corporation Contributes FCFA 225.28 billion To Cameroon’s Budget. Cameroon’s National Hydrocarbons Corporation (SNH), a state company specialized in the hydrocarbons sector, has contributed FCFA 225.28 billion to the country’s 2011 budget in the first semester of the fiscal year, a press release from the corporation declared.

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Botswana Diamonds informed their stakeholders that their reconnaissance program in Cameroon is yielding promising results.

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Bowleven has announced that its review of Sapele 1 has been stabilized.

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Botswana diamonds determines potentially diamondiferous rock layers in Cameroon diamond mine.

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Victoria Oil & Gas who owns the license for the Logbaba gas plant says that it would be able to start its gas sales as per the proposed schedule.

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Victoria Oil & Gas has announced that its flagship project in Cameroon, the Logbaba Gas Plant has been able to record positive progress.

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Mobile broadband market is robust in West Africa says Frost & Sullivan.

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Tunisians To Help Set Up Industrial Wood Processing Centre in Cameroon.
Experts from the Tunisian Technical Industrial Centre for Wood and Furniture want to help the Cameroon government set up an industrial wood processing centre at Binguela in the outskirt of the capital city, Yaounde.

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Dubal is looking at opportunities to mine Bauxite in Guinea along with BHP and is also looking out for suitable projects in Cameroon.

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Afferro Mining has come into the news with yet another updates on its Nkout project stating that the resource has been upgraded by 36pct.

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Victoria Oil & Gas have stated that they will start their first gas sales from the Logbaba field by the end of this year.

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The share prices of Sterling Resources plummet after ‘disappointing’ Kurdistan well results.

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Victoria predicts that the first gas sales from its Logbaba gas plant would happen as per the proposed schedule.

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Cameroon Councils, Investors Encouraged To Partner With Chinese. The visiting Vice President of Association of Chinese People For Friendship with the outside World, Feng Zuoku has encouraged Cameroon’s elected officials, leaders of Non governmental Organisations (NGOs) and businessmen to visit China and establish mutually beneficial partnerships between their institutions and those of China.

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Herakles Farms proposes development of sustainable Palm Oil plantations in Cameroon and Ghana.

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Victoria is all geared up to flag off gas production in Cameroon.

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Cameroon Cotton Development Corp has registered losses worth $31 Million mostly because of cotton smuggling.

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Cameroon sole crude oil processor Sonara Oil Refinery gets funding to the tune of $164 million in a bid to finance its expansion plans.

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Cameroon business – World Bank To Approve FCFA 51 For Cameroon and CEMAC Zone. Board of Administrators of the World Bank will today approve FCFA 51 billion to be granted to Cameroon for the purification of waste water and for transportation projects in the Central African Economic and Monetary Community (CEMAC).

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Cameroon cotton yield has gone up by 47 pct in ’10/11 season.

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Sundance has keyed in on the list of partners for the $4.6B iron ore project.

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US Companies Sign Electricity and Gas Contracts With Cameroon. Delphos International Ltd and Worley Parsons Group Inc, two advisory firms from the United States of America, USA, have the responsibility for the timely delivery of feasibility studies on the Limbe Gas to Electricity Project; the Petroleum Products Pipeline Project and the Gas to Markets System Project, all expected to boost energy production and infrastructure in Cameroon.

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UK Seeks to Intensify Trade and Investments in Cameroon.
The British Minister responsible for Africa and UN at the Foreign and Commonwealth Office, Henry Bellingham says his country wants to intensify bilateral relations with Cameroon for four reasons.

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Afferro Resources Evolution showcases the “excellent potential” Nkout project.

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UK is looking for better business prospects with Cameroon.

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Cocoa and Coffee Production Steadily Increases in Cameroon. The production of cocoa and coffee has been steadily increasing in Cameroon since the 2008/2009 farming season, thanks to the return to best farming practices, the Chairman of the Cocoa and Coffee Inter-professional Board (CICC), Apollinaire Ngwe said in Douala on July 1 during the 18th general assembly meeting of the board.

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British Minister Henry Bellingham during his tour in Cameroon also paid a visit to MINEREX.

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Cocoa production in Cameroon has gone up 14 percent in May to 3,200 metric tons.

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Cameroon cocoa grind increased72% through May, Board reports.

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Legend Mining announced updated test results to 105m at 29.5% iron at Ngovayang in Cameroon.

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Chinese mining company, Hanlong has put across a bid to secuire control of the rwmining ownership of Sundance Resources.

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Cargill is gearing up to ramp up the production of sustainable cocoa in Cameroon.

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China and its explorers seem to be having genuine interests in sharing the wealth of Africa as more and more businesses from the country are being integral parts of African ventures.

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Afferro Mining is gearing up to put together yet another $24m through institutional placing.

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Victoria states that it has ‘Plenty of Cash’ to flag off its first gas sales in Cameroon.

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Cameroon Business News: Afferro Finishes Share Placing
<i>Yaounde, Cameroon Africa(Cameroon News) – </i> <h>Afferro Mining has announced that it has completed its £15.5 million share placing. </h><!–adsensestart–><br><br><br>
The amount that has been collected by way of share placing would be used for stipulated projects at its Nkout project and to finance costs for the Putu project as [...]

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Afferro Mining has announced that it has completed its £15.5 million share placing.

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Cameroon Coffee farmers are cultivating around 1 Million high yielding Java seedlings.

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Cameroon cocoa exports at $2.98 per kilogram in the week of July 25.

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Cameroon Business News: Cargill Helps Cameroon Boost Cocoa Produce

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Google plans to launch its Gmail Sms Chat in West and Central Africa including Cameroon.

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Cameroon U20 took over Guatemala U20 in a friendly match before they go on for the FIFA world cup.

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BowLeven’s drilling partner Vitolhas decided not to partner any more with the sapele -3 well off Cameroon.

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The Enterprise Creation Pilot Centre in Cameroon has set up 1,500 businesses in just a matter of a single year.

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Cameroon Business – South African Company Wants to Produce Electricity Equipment in Cameroon. The Director General of the South African company, Megatron Federal is discussing with Cameroon government officials the possibility to set a company to produce electricity equipment in Cameroon’s economic capital city, Douala.

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Prices of Arabica Coffee fell down to 8.3% in week to July 31, the board announced in a statement earlier today.

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United Kingdom UK Company, World Report International Limited Projects Cameroon’s Potentials. The United Kingdom (UK) company, “World Report International Limited”, in supplement produced for the “Independent”, on July 15, 2011 declares “Cameroon the roaring lion of Central Africa”.

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GoodHope Asia Holdings Limited Company

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Leveling MIning Guide: Cameroon’s President Presents Mbalam Iron Ore Mining Project in China

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Business: The Executive Director of the International Affairs Bureau, Thailand Board of Investment, Vasana Mututanont is leading a delegation of the country’s businessmen to Cameroon to explore investment opportunities.

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Cameroon Oil & Gas Explorers – Bowleven starts drilling Sapele-3 well offshore Cameroon

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Cameroon Oil & Gas: Victoria Oil & Gas announces the acquisition of One Third Interest in 6.8 per cent. Royalty Interest in the Logbaba Gas and Gas Condensate Project, Cameroon

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Construction of Lom Pangar Dam in East Cameroon Begins in November 2011. China International Water Electric Corporation (CWE) will launch construction work in the Lom Pangar Dam project in the East Region of Cameroon in November 2011.

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Korea Trade Promotion Agency To Open Cameroon Branch. The outgoing Ambassador of the Republic of Korea to Cameroon, Hosung Lee says the Cameroon branch of the Korea Trade-Investment Promotion Agency will be opened in the economic capital city, Douala to enhance trade between the two countries and facilitate the investment of Korean companies in the country.

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CamAir Co – Cameroon Airlines Corporation Trains Local Engineers To Replace Germans. The Cameroon government airlines company, Cameroon Airlines Corporation (CAMAIR-CO) has put in place a training programme who will take over from the German engineers of the Lufthansa Technik company in at most two years.

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Cameroon Development Corporation Expands to Manyu, Donga Mantung. The agro-industrial company, Cameroon Development Corporation (CDC) has expanded to Manyu Division of the South West Regional and Donga Mantung Division of the North West Region through setting up palm oil and rubber development projects.

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SIVA Group, BioPalm Energy Limited – FCFA 900 Billion Oil Palm Project Launched in Kribi, Cameroon. Cameroon’s Vice Prime Minister in charge of Agriculture and Rural Development, Jean Nkuete on August 24, 2011 in Fifinda around Kribi in the South Region, launched the five-year oil palm project in which over FCFA 900 billion will be invested.

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Cameroon Business – Vietnam Investors Explore Opportunities in Cameroon. A 14-member delegation from Vietnam is in Cameroon since Saturday, August 27, 2011 to explore investment opportunities and subsequently sign a Memorandum of Understanding on trade in rice between the two countries.

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Business Telecoms Providers – New Mobile Telephone Companies Want To Invest in Cameroon. The government of Cameroon is opening up the mobile telephone sector to receive new investors with a steering committee already in place working on the project.

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Mining Engineering Degree: Korea To Finance FCFA 3.5 Billion Mining Laboratory in Cameroon. The government of the Republic of Korea will finance and build a National Mining Laboratory in Yaounde, Cameroon estimated to cost 7 million US Dollars (about FCFA 3.5 billion).

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Cameroon’s Electricity Corporation AES SONEL Invests FCFA 400 Billion in 10 Years

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Victoria Oil & Gas Plc – Chairman’s Letter to Shareholders . The President of Cameroon, Paul Biya, signed our Exploitation Decree in Q2 2011, awarding the exploitation rights to and appointing Rodeo Development Limited (‘RDL’), VOG’s wholly owned subsidiary, as operator of the Logbaba gas and gas condensate field.

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Brazil, Israel To Boost Poultry Production in Cameroon through offline and Online Poultry Courses & Intense Poultry Farming.

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Sugar Trading – Cameroon Signs Letter of Intent of Sugar Company. The government of Cameroon has signed the Letter of Intent of Forzi Sugar Company Limited, valued at FCFA 150 billion, the President of the Forzi Sugar Company Limited, Forzi Nkemmayang said in a press release.

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Shree Cement – Nigeria’s Dangote Group to Set Up Cement Factory in Cameroon. The Nigerian Dangote Group will set up its subsidiary, Dangote Industries Cameroon Limited in Douala, Cameroon.

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shree cement CIMENCAM – FCFA 50 Billion Cameroon’s Third Cement Factory Established Around Yaounde

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Cameroon Oil & Gas Industry – Victoria Oil & Gas Plc. Victoria Oil & Gas is an independent oil and gas exploration and production company with projects in Africa and the FSU. The Company’s principal assets are the 95% owned Logbaba gas and gas condensate project in Cameroon and the 100% owned West Medvezhye project in Siberia, Russia.

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Cameroon President Paul Biya Lays Foundation Stone of Kribi Deep Sea Port – China Harbour Engineering Company Ltd. President Paul Biya, candidate of the Cameroon People’s Democratic Movement (CPDM) in today, October 9, 2011 presidential election, rounded off his campaign programme on Saturday, October 8 by laying the foundation stone of the Kribi Deep Seaport in South Cameroon.

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Cameroon To Set Up First Fertilizer Factory – Ferrostaal AG, Cameroon National Hydrocarbons Corporation (SNH). The Cameroon National Hydrocarbons Corporation (SNH) and the German company, Ferrostaal AG, have signed a Memorandum of Understanding to carry out feasibilities for nine months aimed at setting up the first fertilizer manufacturing factory in Cameroon.

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Cameroon Banks- Seven Banks in Cameroon Classified Among 200 Best in Africa. The international news magazine, Jeune Afrique in its 28th special issue, has published a classification of banks in Africa with seven of Cameroon’s banks on the list.

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CAMIAR-CO: Cameroon Airlines Corporation Flies to Five African Capitals in November. Cameroon Airlines Corporation (CAMAIR-CO) planes will begin flying to all capitals of the Central African Economic and Monetary Community (CEMAC) zone countries and two other African countries by mid November 2011, the Sales Manager of the company, Alphonse Bea said during an interview in the economic capital city, Douala.

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Cameroon Government Spends FCFA 261 billion on Fuel Subsidies. The government of Cameroon has spent FCFA 261 billion as subvention on petroleum products for the fiscal year 2011, a release from the Hydrocarbons Prices Stabilisation Fund states.

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Victoria Oil and Gas – Logbaba, Cameroon (VOG 95% owned and operated)

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World Bank Classifies Cameroon 161 Economy in Doing Business Rankings . The World Bank and the International Financial Corporation on October 20, 2011 published the 2012 Doing Business rankings with Cameroon occupying the 161 position, registering some improvement from the 168 position in the 2011 rankings, a release from the Prime Minister’s Office states.

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Cameroon Economy: Central African Zone To Witness 4.8 Percent Growth. The Central African Economic and Monetary Community (CEMAC) zone  is expected to reach 4.8 percent growth in 2011,  compared to 4 percent in 2010, the Governor of the Bank of Central African States (BEAC), Lucas Abaga Nchama said in Cameroon’s capital city, Yaounde on Friday, October 28, 2011

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Victoria Oil and Gas Plc – Completion of Acquisition of Interest in the Logbaba Gas and Condensate Project, Cameroon

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Mauritius Experts Recommend Measures to Ease Creation of Enterprises. Mauritius experts who had worked with Cameroonians authorities during their mission in the country from October 30 to November 4, 2011, want the centre for the creation of enterprises to be computerized and endowed with an internal network , equipment and software to enable it function well.

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Hydrocarbons Discovered in Logone-Birni Basin in Far North Cameroon. A joint exploration mission of the Cameroon National Hydrocarbons Corporation and its Chinese partner, Yan Chang Logone Development Company SA, has revealed the existence of hydrocarbons in the Logone –Birni Basin in the Far North Region of Cameroon.

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Addax Petroleum Cameroon Company Buys Pecten Cameroon.

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Cameroon Economy: Growth Rate in CEMAC Zone to Progress to 4.8 Percent in 2011. Growth rate in the Central African Economic and Monetary Community (CEMAC) zone is projected to progress to 4.8 percent in 2011 up from 4 percent in 2010.

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Industrial Charcoal Production to Begin in East Cameroon. The German International Corporation (GIZ) and the logging company, Societé Forestière et Industrielle de la Doume”, SFID, has signed an agreement to produce charcoal from logging residues for sale mostly in the northern regions of Cameroon where the high demand for fuel wood has led to rampant felling of trees, thereby accelerating the advancement of the desert.

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Cameroon Business: New Cotton Processing Company to Open in Cameroon in 2012. The Cotton Industrial Processing Company whose cost is estimated at FCFA 1.6 billion will open in Cameroon in the course of the year 2012.

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Cameroon Energy: Cameroon Seeks to Boost Electricity and Cooking Gas Supply. Cameroon’s Members of Parliament will November 27, 2011 scrutinize government’s bill on the development of associated gas intended to boost the country’s gas potential while honouring its international commitments regarding environmental protection.

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Cameroon Airlines: Prime Minister Yang Urges Cameroonians To Trust CAMAIR-CO. Cameroon’s Prime Minister, Head of Government, Philemon Yang says it is important for Cameroonians to trust the country’s airline’s company, Cameroon Airlines Corporation (CAMAIR-CO), travel through it for the company to make money and compete with well established international airlines companies.

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Cameroon Business: Cameroon’s Second Iron Ore Deposits Discovered Around Djoum. The British company, Afferro Mining, had discovered some two billion tonnes of iron ore deposits in Nkout, near the town of Djoum in the South Region of Cameroon.

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Cameroon Business: Chinese Company Takes Over Cameroon’s Mbalam Iron Ore Project. The Mbalam Iron Ore project located some 300 km from Cameroon’s capital city, Yaounde in South East of the country, has been taken over by the Chinese Hanlong (Africa) Mining Investment Limited, the majority shareholder in CAMIRON’s mother company, Australian-based Sundance Resources Limited.

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Cameroon Economy: Cameroon Records Four Percent (4 %) Growth in 2011. The Head of the International Monetary Fund (IMF) review mission to Cameroon says the country had recorded 4 percent growth in the soon-to-expire 2011 fiscal year.

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Cameroon Business: FCFA 12.5 Billion Rice, Onion Project Launched in Cameroon

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Cameroon Business: Korean Company Plans to Open Iron and Steel Factory in Cameroon. The Korean Pohang Iron and Steel Company plans to construct a steel processing plant in Cameroon and also a hydro- power plant to operate it, the Ambassador of the Republic of Korea to Cameroon, Cho June Hyuck said in the capital city, Yaounde, December 8, 2011.

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Cameroon Business: Hydrocarbons Corporation Contributes FCFA 443.8 billion To Public Treasury. The National Hydrocarbons Corporation, the State-owned company in charge of hydrocarbons in Cameroon, has contributed FCFA 443.826 billion to the State treasury.

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Cameroon Business – New Rubber Company Signs Agreement With Cameroon Government . The Sud Cameroun Hevéa S.A, a new rubber company wants to set up plantations in Dja et Lobo Division of the South Region of Cameroon in over 45,200 hectares.

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Afferro Mining – British Mining Company Disburses FCFA 58 Billion For Cameroon’s Iron Ore Project. The British mining company, Afferro Mining, has set aside 155 million US Dollars (about FCFA 58 billion) to finance the feasibility studies to accelerate the exploration of the iron ore deposits in Nkout, some 27 kilometers from the border town of Djoum, Dja et Lobo Division of the South Region of Cameroon. Afferro Mining is the mother company of the local Caminex SARL that has been exploiting the Nkout iron ore deposits.

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VICTORIA OIL AND GAS – Logbaba Project First Gas and Condensate Production In Douala, Cameroon. VICTORIA OIL AND GAS announce the successful installation and commissioning of production facilities and a gas pipeline network in Douala. Rodeo Development Limited, the Company’s wholly owned Cameroon subsidiary, made its first delivery of gas to customers on the Magzi Industrial Estate on the 17December 2011.

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Cameroon, Chad Electricity Corporations Sign Training Agreement. The Cameroon Electricity Corporation, (AES-SONEL) will train engineers from the young Chadian Electricity Corporation created in May 2010, starting from January 2012.

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Cameroon’s White Gold: Cameroon Government Aims to Stop Fraudulent Cotton Exports.

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Cameroon-Chad Communication Network: Optical Fibre to Connect Cameroon and Chad.

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Cameroon Receives Over 600,000 Tourists in 2011. Cameroon is gradually becoming a tourists destination in the Central African Sub-region, as it received a total of 604,052 foreign tourists in 2011, registering an increase from 572,728 in 2010.

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Cameroon Economy – Trade Between Cameroon, India Records Rapid Growth in 2011. he Indian High Commissioner to Cameroon, Mashesh Sachdev says trade between India and Cameroon is growing rapidly, stating that recent trade figures speak for themselves.

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Cameroon Agriculture: Cameroon Prepares to Export Fruits to Middle East. Fruit farmers in the Centre and Littoral Regions of Cameroon are mobilising to export fruits such as banana, pineapples and oranges to the Middle East in places like Dubai.

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Cameroon Plans to Produce 500,000 Tons of Banana in 2013. The government of Cameroon is encouraging investors in the banana sector to produce 500, 000 tons of banana by 2013, to enable the sector play an effective role in creating wealth and jobs.

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Spain Proposes Partnership With Cameroon Airlines Corporation. The government of Spain wants to partner with the Cameroon Airlines Corporation (CAMAIR-CO) in maintaining the company’s aircraft.

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Cameroon Oil Transportation Company (COTCO) – Cameroon Government TO Re-Negotiate Chad Oil Transportation Contract.

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Pests Destroy 50 Hectares of Cocoa in Cameroon. Ravaging pests called caterpillars have destroyed 50 hectares of cocoa farms in Konye Subdivision of South West Cameroon.

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Cameroon’s Sugar Company To Increase Production to 170, 000 tonnes. The Cameroon Sugar Producing Company, (SOSUCAM) plans to invest over FCFA 60 billion in five years to step up annually production of sugar from the current 120, 000 tons to 170, 000 tonnes per year.

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Small BusinessCameroon Small Business Initiative Held Back By Lack of Electricity, Access to Credit and High Taxes.

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Sundance Resources Limited (ASX: SDL) Budgets FCFA 20.8 Billion (XAF) Towards the first stage of the Mbalam Iron Ore Project in Kribi, Cameroon

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Cameroon Oil and Gas – Victoria Oil and Gas has released this new announcement today

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Cameroon Oil & Gas – Independent CPR on the Logbaba Gas and Condensate Field

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Platinum Mineral mining: Amplat, world’s biggest platinum producer Anglo American Platinum has fired 12,000.

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75th General Assembly of the Alliance of Cocoa Producing Countries that it is holding in Yaoundé.

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cocoa production in Cameroon. In continuation of our series on cocoa production in Cameroon, the focus today is on the attachment of elites from cocoa-producing localities to this cash crop. Most of these elites attribute their success in life to the income their parents raised from cocoa production.

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Cameroon is today playing host to activities marking the 50th year anniversary of the Alliance of Cocoa Producing Countries (COPAL).

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Oil giant Shell is due to appear in a Dutch court to face charges of polluting Nigerian villages in the Niger Delta Region.

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75th General Assembly of the Alliance of Cocoa Producing Countries (COPAL) has ended in Yaoundé, Cameroon

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Transparency In Sector Operators – Minister Delegate in the Minister of Finance Titti Pierre

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The 17th International Conference on Cocoa Research

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The production and experimentation center of SODECAO located at about 85 kilometers from Yaoundé on the Yaoundé- Akonolinga road was established in 1979 on the forest of about 1,500 hectares of land.

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MTN Cloud would be launched in Ghana and Nigeria on April 10, followed by Cameroon, Côte d’Ivoire, Uganda and South Africa later in the year. The operator launched the MTN Cloud pilot project in December last year, becoming the first mobile network …

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MTN Ghana has introduced cloud computing services in Ghana for businesses, especially small and medium enterprises, to adopt new solutions to minimize costs and improve productivity and efficiency.

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MTN Cameroon has officially opened two new service centres in the towns of Kousseri and Douala.
 
The MTN Kousseri Service Centre aims to offer subscribers of Kousseri more personalized service, Biztech reported.
 
They will no longer have to travel a long distance to go to the MTN Service Centre in Maroua.
 
The Douala-based MTN VIP Bonapriso Service Centre, [...]

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Afferro Mining (LON:AFF) this morning described metallurgical result from its Ntem deposit in south-west Cameroon as “excellent”.

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