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 [...]
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 [...]
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 [...]
Cameroon, In a recent study by United Nations Food and Agriculture Organization, if the pace of shrinkage of Lake Chad continues at the
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 [...]
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 [...]
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 [...]
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 [...]
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, Africa – Yaounde the Capital City of Cameroon
The Filipino sea farer who was kidnapped [...]
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 [...]
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.
Cameroon is expected to import sugar from Brazil and Congo Republic to bridge the supply –demand gap in the country.
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.
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.
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.
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.
Victoria Oil and Gas told the press today that the oil reserves that it owns in Cameroon have multiplied five-fold.
Cameroon Economy – World Bank has offered to provide the government of Cameroon with 15 billion Francs CFA.
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.
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 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.
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.
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.
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.
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.
Cameroon Businesses and Mining Companies – African Aura Mining board had given the go-ahead for continuing to restructure its assets.
Cameroon telecommunication businesses – Alvarion has been shortlisted by 4G Africa to launch its 4 G network in Cameroon.
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.
CAMWATER – The government has proposed to lay water pipes in 53 more areas in Cameroon through Cameroon Water and Utilities Corporation, CAMWATER.
Cameroon oil – The Bakassi peninsula is being continually targeted by pirates for attack on oil boats.
CAMEROON NATIONAL ASSEMBLY: PM Philemon Yang ANNOUNCES TAKE OFF OF MAJOR DEVELOPMENT PROJECTS BY GDF SUEZ IN CAMEROON.
CAMEROON OIL AND GAS: SHARE PRICES OF BOWLEVEN SPIKE ON CAMEROON RIG POSITIVE NEWS UPDATES.
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.
Canadian construction major GCN-C has revealed a most path breaking development concept for Cameroon, doped EMERALD COAST FINANCIAL AND TOURISM FREE ZONE PROJECT.
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.
Cameroon Telecommunication – The process of identification of Cameroon Mobile phone subscribers is set to on Tuesday November 30th 2010.
SOSUCAM – The Government of Cameroon kicks off “Sugar Week” through which sugar will be sold directly to customers at reduced prices.
The Government of Cameroon kicks off “Sugar Week” through which sugar will be sold directly to customers at reduced prices.
Cameroon communication – A partnership deal between MTN Cameroon and Twitter will now permit MTN subscribers in the country to tweet using their cell phones.
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.
Cameroon railroads – A set of companies from South Korea is all set to design a plan to enhance rail connectivity in the country.
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.
The Export Price of robusta coffee from Cameroon jumped by 4.2% this week.
Cameroon Diamond Mine – S.Korean C&K Mining Company stated that it has got the confirmation for developing a diamond mine in Cameroon.
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 [...]
Cameroon Cocoa & Chocolate – Barry Callebaut AG & SIC CACAO ANNOUNCES INCREASED OUTPUT
CAMEROON BUSINESS: NEW LEASING LAW FOR DOING BUSINESS IN CAMEROON AFRICA.
CAMEROON BRINGS DOWN FUEL PRICES – Cameroon deploys XAF138 Billion as a subsidy for fuel prices in 2010.
EUROPEAN UNION (EU) & CAMEROON FIGHT TOGETHER AGAINST ILLEGAL LOGGING
Dangote has announced plans to invest around $100 million in a cement plant in Cameroon, Africa.
CAMEROON OIL AND GAS – BOWLEVEN EXCAVATION REVEALS MORE HYDROCARBONS –
Cameroon Exports: Cocoa Exports From Cameroon Africa Reaches 101,028 Tonnes In January 2011.
Benoit Assou-Ekotto has been given the title of the MoneyGram (International Money Transfer Company) African Player of the Month award for November.
Construction Contract Given To French Company Coyne et Bellier For Cameroon Lom Pangar Hydro-Electric HYDEL Project.
Cameroon has finalized the construction management contract for Lom Pangar hydro-electric project.
Cameroon mining Campany, Geovic has announced that it will be making some new appointments to senior management posts.
Cameroon Forestry and Logging Industry – Cameroon Bans Timber Exports
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.
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 [...]
African Aura provides a latest upate on Nkout iron ore project in Cameroon.
Masters Degree course in International Biodiversity and Environment of Tropical Vegetations have started off at CRESA Forêt-bois, Nkolbisson-Yaounde yesterday
Sundance teaches an important lesson as to how to key in on winners before they move out elsewhere.
Cameroon Economy: More And More Foreign Goods Enter Cameroon Africa.
Cameroon Wildlife: Workshop On Fishing Regulatory Measures Convened
Biotechnology To Be Applied in Cotton Production in Cameroon Africa.
Victoria Oil & Gas All Set To take Off In Cameroon.
African Aura has announced the decision to divide it iron and gold assets under separate entities.
Agreement With Cameroon Not Been Inked Says Sime Darby.
Bowleven Focuses On Sapele Review
Sime Darby Muses Over Cameroon Expansion. Sime Darb Bhd is still considering their plans for expansion in Cameroon.
The wood operation licenses of 72 companies were cancelled after they were found to be practicing illegal activities in timber extraction and processing.
South Korean based C&K obtains license for a diamond mine in Cameroon.
Cameroon Ties Up With Forbes Energy For Supply Of Renewable Energy
Sundance Negotiates With POSCO. Australian Company Sundance has been holding talks with Korean steel major POSCO on investing in Mbalam Project.
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.
CEMAC To Tie-up With Israel For Improving Production. CEMAC to partner with Israel to Improve Agricultural Production.
African Aura Shares Rise Again
Latest Discovery Transforms Bowleven
Cocoa Growers in Cameroon have indicated a sharp rise in their earnings and this has been attributed primarily to the Ivorian Crisis.
Bowleven announced that it has come across a “significant hydrocarbon column” at its exploration well Sapele situated off the coast of Cameroon.
Cameroon Mining: Legend Mining Company has started off with a drilling project on its iron ore targets at the Ngovoyang Project in Cameroon.
Bakassi Oil Reserves: Nigeria, Cameroon proposes to set up combined Oil Exploration activities in Bakassi.
BowLeven Share News: BowLeven Cameroon Begins drilling Sapele-2 well offshore Cameroon Africa
Cameroon Mining Sector: Talbot Sells Stakes In Sundance Resources
Botswana Diamonds: Cameroon Government gives License to Botswana Diamonds for exploration of diamonds in its eastern region.
Cameroon Mining Sector: Sundance has announced that it plans to invest $600 mln on Congo iron mine, Nabemba.
Cameroon Russia: Russia Synergizes With Cameroon In Mining
Cameroon Indonesia: Indonesia looks at kick starting new ties with Cameroon.
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.
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.
Bowleven proposes to ramp up operations in their prospective offshore Cameroon blocks
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.
Cameroon Natural Resources: Mbalam Iron Ore Project Estimated At $ US 4.6bn
A group of students have designed a vehicle that will help to make lives better in a community in Cameroon at an affordable cost.
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
South Korea looks at Africa for a new and larger export market.
Reconnaissance exploration programme set off on Cameroon diamond exploration licence to the south of C&K’s Mobilong diamond license
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.
Cameroon Mining Sector: Sundance Resources Ltd faces a steep dip in share prices.
CAMAIR-CO: General Manager of Cameroon Airlines Corporation (CAMAIR-CO), Van Elk announced CAMAIR-CO begin direct flights to Bangui, Dakar, Libreville & Lagos
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
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.
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.
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.
Legend Mining gets into a major infrastructure deal with Sundance Resources for Cameroon iron project.
Victoria Oil & Gas has finally secured the relevant licenses to flag off the development of the Logbaba gas field.
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.
The share prices of BowLeven increased the most in the past 6 Months as there were announcements of discovery of more oil in Cameroon.
Sundance Resources has entered into an infrastructure agreement with Legend Mining.
Legend Mining has secured assay results from Ngovayang Project in West Africa.
Bowleven has announced a latest update on Sapele-2 Well, that is located offshore Cameroon.
Austrian Company 4 G Solutions has announced the implementation of the first phase of 4G WiMax solutions in Cameroon.
Sundance Resources Ltd may be asking for financial aid from China for its prestigious Mbalam Project in Cameroon.
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.
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.
Afferro Mining has indicated that the results for the Nkout project indicate scope for adequate blast furnace feed.
Cameroon is trying its level best to bring in investors from Switzerland for sectors like raw materials, agriculture and infrastructure.
Facing tremendous pressure in Guinea, RUSAL is now looking at Cameroon’s bauxite reserves.
Victoria Oil & Gas is gearing up for its first gas sales.
IFC trains ADVANS Cameroon staff how they can offer support to smaller businesses in a more efficient manner.
Russia’s biggest metal producer, RusAl is planning to produce bauxite and alumina in Cameroon.
Russian mining major Rusal has entered into an agreement with the government of Cameroon.
Gold Mining companies plan to set up contracts with the government of Cameroon.
A lot of big names in the oil and gas exploration sector is looking at strong prospects in Cameroon.
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.
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, [...]
Dutch representatives check out investment options in the country.
A delegation of Singapore businessmen have meeting with their Cameroonian counterparts to scope out investment opportunities.
Cameroon is planning synergize with FAO to get high grade seedlings in order to ramp up agricultural productivity.
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.
Mipromalo has inaugurated the semi-industrial production of Fired Bricks.
Diamond exploration company, Botswana Diamonds has flagged off its reconnaissance programme in Cameroon.
The actual challenge is for Cameroon bankers to devise a system that will overcome the mistakes that they made in the past years.
ATWOOD OCEANICS revealed that the contract for the Atwood Aurora has been finalized.
AFFERRO MINING INC. has announced that there is confirmed presence of High Grade BIF Units at their iron ore mine Nkout East.
Afferro Mining has revealed that the latest update on Nkout East Cameroon project indicates the presence of high grade iron ore.
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.
Botswana Diamonds informed their stakeholders that their reconnaissance program in Cameroon is yielding promising results.
Bowleven has announced that its review of Sapele 1 has been stabilized.
Botswana diamonds determines potentially diamondiferous rock layers in Cameroon diamond mine.
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.
Victoria Oil & Gas has announced that its flagship project in Cameroon, the Logbaba Gas Plant has been able to record positive progress.
Mobile broadband market is robust in West Africa says Frost & Sullivan.
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.
Dubal is looking at opportunities to mine Bauxite in Guinea along with BHP and is also looking out for suitable projects in Cameroon.
Afferro Mining has come into the news with yet another updates on its Nkout project stating that the resource has been upgraded by 36pct.
Victoria Oil & Gas have stated that they will start their first gas sales from the Logbaba field by the end of this year.
The share prices of Sterling Resources plummet after ‘disappointing’ Kurdistan well results.
Victoria predicts that the first gas sales from its Logbaba gas plant would happen as per the proposed schedule.
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.
Herakles Farms proposes development of sustainable Palm Oil plantations in Cameroon and Ghana.
Victoria is all geared up to flag off gas production in Cameroon.
Cameroon Cotton Development Corp has registered losses worth $31 Million mostly because of cotton smuggling.
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).
Sundance has keyed in on the list of partners for the $4.6B iron ore project.
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.
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.
Afferro Resources Evolution showcases the “excellent potential” Nkout project.
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.
British Minister Henry Bellingham during his tour in Cameroon also paid a visit to MINEREX.
Cocoa production in Cameroon has gone up 14 percent in May to 3,200 metric tons.
Legend Mining announced updated test results to 105m at 29.5% iron at Ngovayang in Cameroon.
Chinese mining company, Hanlong has put across a bid to secuire control of the rwmining ownership of Sundance Resources.
Cargill is gearing up to ramp up the production of sustainable cocoa in Cameroon.
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.
Afferro Mining is gearing up to put together yet another $24m through institutional placing.
Victoria states that it has ‘Plenty of Cash’ to flag off its first gas sales in Cameroon.
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 [...]
Afferro Mining has announced that it has completed its £15.5 million share placing.
Cameroon Coffee farmers are cultivating around 1 Million high yielding Java seedlings.
Google plans to launch its Gmail Sms Chat in West and Central Africa including Cameroon.
Cameroon U20 took over Guatemala U20 in a friendly match before they go on for the FIFA world cup.
BowLeven’s drilling partner Vitolhas decided not to partner any more with the sapele -3 well off Cameroon.
The Enterprise Creation Pilot Centre in Cameroon has set up 1,500 businesses in just a matter of a single year.
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.
Prices of Arabica Coffee fell down to 8.3% in week to July 31, the board announced in a statement earlier today.
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”.
GoodHope Asia Holdings Limited Company
Leveling MIning Guide: Cameroon’s President Presents Mbalam Iron Ore Mining Project in China
Cameroon Oil & Gas Explorers – Bowleven starts drilling Sapele-3 well offshore Cameroon
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
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.
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.
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.
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.
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.
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.
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).
Cameroon’s Electricity Corporation AES SONEL Invests FCFA 400 Billion in 10 Years
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.
Brazil, Israel To Boost Poultry Production in Cameroon through offline and Online Poultry Courses & Intense Poultry Farming.
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.
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.
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.
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.
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.
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.
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.
Victoria Oil and Gas – Logbaba, Cameroon (VOG 95% owned and operated)
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.