CAMEROON BUSINESS OPPORTUNITY
Cameroon Businesses now accepting electronic payments
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 [...]Pin It
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 [...]Pin It
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 [...]
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 [...]Pin It
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 [...]Pin It
In a series of bandit attacks that spanned the coast of New Guinea and Cameroon over six seafarers were [...]Pin It
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 [...]Pin It
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.Pin It
Following active participation and funding from the Cameroon government in tune with the radically changing industry basics, coffee industry is indicating an upward impetus.Pin It
Cameroon Business –
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.
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.
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 [...]
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 [...]
Sundance teaches an important lesson as to how to key in on winners before they move out elsewhere.Pin It
African Aura has announced the decision to divide it iron and gold assets under separate entities.Pin It
The wood operation licenses of 72 companies were cancelled after they were found to be practicing illegal activities in timber extraction and processing.Pin It
Sundance Negotiates With POSCO. Australian Company Sundance has been holding talks with Korean steel major POSCO on investing in Mbalam Project.Pin It
CEMAC To Tie-up With Israel For Improving Production. CEMAC to partner with Israel to Improve Agricultural Production.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
Victoria Oil & Gas has finally secured the relevant licenses to flag off the development of the Logbaba gas field.Pin It
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.Pin It
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.Pin It
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.Pin It
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, [...]Pin It
Dutch representatives check out investment options in the country.Pin It
A delegation of Singapore businessmen have meeting with their Cameroonian counterparts to scope out investment opportunities.Pin It
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.Pin It
Mipromalo has inaugurated the semi-industrial production of Fired Bricks.Pin It
ATWOOD OCEANICS revealed that the contract for the Atwood Aurora has been finalized.Pin It
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.Pin It
Bowleven has announced that its review of Sapele 1 has been stabilized.Pin It
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.Pin It
Mobile broadband market is robust in West Africa says Frost & Sullivan.Pin It
Victoria Oil & Gas have stated that they will start their first gas sales from the Logbaba field by the end of this year.Pin It
The share prices of Sterling Resources plummet after ‘disappointing’ Kurdistan well results.Pin It
Victoria predicts that the first gas sales from its Logbaba gas plant would happen as per the proposed schedule.Pin It
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.Pin It
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).Pin It
Sundance has keyed in on the list of partners for the $4.6B iron ore project.Pin It
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.Pin It
Afferro Resources Evolution showcases the “excellent potential” Nkout project.Pin It
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.Pin It
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.Pin It
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 [...]
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.Pin It
Prices of Arabica Coffee fell down to 8.3% in week to July 31, the board announced in a statement earlier today.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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, 2011Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
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.Pin It
Oil giant Shell is due to appear in a Dutch court to face charges of polluting Nigerian villages in the Niger Delta Region.Pin It
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.Pin It
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.Pin It
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, [...]