
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. Cameroon, Chad Electricity Corporations Sign Training Agreement Cameroon News

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. VICTORIA OIL AND GAS - Logbaba Project First Gas and Condensate Production In Douala, Cameroon Cameroon News

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. Afferro Mining - British Mining Company Disburses FCFA 58 Billion For Cameroon’s Iron Ore Project Cameroon News

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. Cameroon Business - New Rubber Company Signs Agreement With Cameroon Government Cameroon News

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. Cameroon Business: Hydrocarbons Corporation Contributes FCFA 443.8 billion To Public Treasury Cameroon News

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. Cameroon Business: Korean Company Plans to Open Iron and Steel Factory in Cameroon Cameroon News

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. Cameroon Economy: Cameroon Records Four Percent (4 %) Growth in 2011 Cameroon News

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. Cameroon Business: Chinese Company Takes Over Cameroon’s Mbalam Iron Ore Project Cameroon News