Finance Ministry – Cameroon Needs FCfa 1,145...

Finance Ministry (Minfi) declared that the debt requisite of Cameroon is FCfa 1,145 billion for 2017. The said borrowing requirement shall be covered with FCfa 560 billion in local loans and FCfa 585 billion in international loans. Cameroon Finance Ministry plans at the end of 2017 that the anticipated outstanding fresh public securities issuances must be made […]

UN Staff, Nigerians, Cameroonian Shot by Armed...

A UN staff, two Nigerians and a Cameroonian were shot yesterday morning by armed men. They were working on the implementation of the International Court of Justice ruling on Bakassi. The UN staff, the Cameroonian and the two Nigerians was working on the said implementation wherein the oil-rich peninsula of Bakassi is handed over to […]

Agitated Cameroon Enforces Social Media Shutdown

Cameroon has shutdown social media access to stop the progress of escalating protests in the southern regions by the English-speaking minorities who are protesting against marginalisation by the government. The internet access shutdown in the indigent areas of Buea and Bamenda is a result of the increasing tension between government authorities and protesters infuriated at […]

Bowleven Operations Update Released- Etinde, Bomono

The Africa centered gas and oil exploration company, AIM-listed Bowleven, released the following update on the company’s recent activities in Etinde and Bomono. Etinde Permit (with NewAge as operator) After a just concluded OCM (Operating Committee Meeting), Etinde and government of Cameroon joint venture are to organize a technical workshop to tackle development alternatives for […]

Call for Ousted of Board Members at...

A petition for the removal of Kevin Hart, chief executive of Bowleven and five other board members is being instigated by a rebel investor. The gas and oil company is also being accused of noteworthy shareholder value demolition. The Crown Ocean Capital P1 investment firm declared that the oil company, an Edinburgh based company, has […]

Internet Blockage in Cameroon – Mainly Buea...

Reports by BBC Africa News reveal that manifold reports claim that there is an ongoing internet blockage in Cameroon especially in the agitated English-speaking regions of Buea and Bamenda. The US-based internet content delivery company, Akamai Technologies Inc., stated in a tweet that there was a notable disruption of internet interchange at 11:45 p.m. EAT […]

Emmanuel Peughouia Foremost Cameroonian Investor in Cement...

The foremost Cameroonian Investor to engage in cement production was revealed to be Emmanuel Peughouia. He owns shares in the 4th unit of cement production in Cameroon. Medcem Cameroun, a cement manufacturing company is owned by Eren Holding, a Turkish group. The company was bespoken on the riverside of the Wouri in Doula by Prime […]

CCI of Sfax Eyes on Cameroon

In the agenda of identifying economic and commercial exchanges between Cameroon and Tunisia, Sfax’s Chamber of Commerce and Industry is organising a multi-sector business mission. This trade mission is in collaboration with Cameroon’s Chamber of Commerce, Industry and Agriculture and the Groupement Inter Patronal Camerounais. A visit to the 6th edition of the International Exhibition […]

Furious Chadian Leader Left Summit

Idriss Deby, the President of Chad abandons a summit among Central African States in Cameroon before closing to emphasise his protest against several policies of the bloc. It was learned earlier that President Deby was disgusted with the resolutions made by CEMAC (Central African Economic and Monetary Community) in Yaounde. Apparently, President Deby is reported […]