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
Cameroon Raises FCFA 8 Billion in Treasury Bonds. The government of Cameroon has raised FCFA 8 billion in treasury bonds within the first phase of the operation launched on November 17, 2011. Cameroon Raises FCFA 8 Billion in Treasury Bonds Cameroon News
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. Cameroon Business: Cameroon’s Second Iron Ore Deposits Discovered Around Djoum Cameroon News
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. Cameroon Airlines Corporation: Prime Minister Yang Urges Cameroonians To Trust CAMAIR-CO Cameroon News
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. Cameroon Energy: Cameroon Seeks to Boost Electricity and Cooking Gas Supply Cameroon News
Corruptions: Government Investigates Corruption Reports in Ayos-Bonis Road Project. President Paul Biya has ordered investigations on the report of alleged corruption in the construction of the Ayos-Bonis road in East Cameroon that constitute the Douala, N’djamena in Chad and Douala- Bangui in the Central African Corridors. Corruptions: Government Investigates Corruption Reports in Ayos-Bonis Road Project Cameroon News
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. Cameroon Business: New Cotton Processing Company to Open in Cameroon in 2012 Cameroon News
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. Industrial Charcoal Production to Begin in East Cameroon Cameroon News
African Union (AU) Commission Chairman Appreciates Cameroon’s Contribution. The Chairman of the African Union Commission, Jean Ping, has lauded Cameroon’s active role in promoting the mission, vision and strategic planning of the African Union. African Union (AU) Commission Chairman Appreciates Cameroon’s Contribution Cameroon News
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. Cameroon Economy: Growth Rate in CEMAC Zone to Progress to 4.8 Percent in 2011. Cameroon News
