Cameroon to Boost Private Sector Subsidies by 68% in 2025, Slash …
Dec 2, 2024 · The Cameroonian government has proposed a 2025 Finance Bill with over CFA14 billion in subsidies for businesses and other entities. This marks a CFA1
Cameroon Needs CFA16.2bn for 2024-2027 Public Finance Reform …
Nov 29, 2024 · (Business in Cameroon) - Cameroon’s Ministry of Finance has estimated a budget of CFA16.2 billion to implement its Strategic Plan for Public Finance Management Reforms (PSRGFP) over four years.
Cameroon Plans to Significantly Increase Spending in 2025
Dec 3, 2024 · (Business in Cameroon) - In 2025, the government of Cameroon is expected to continue its high spending practices, despite repeated calls for budgetary discipline highlighted in presidential directives on state budget preparation.
Cocoa Prices Rise by CFA450 per Kilogram in Two Weeks in …
Nov 27, 2024 · Cameroon’s Supply Chain Information System (SIF), which helps cocoa producers track market prices, reported a significant rise in cocoa bean prices
Kribi Port: Talks in Paris on Shareholding and Financing of …
Dec 6, 2024 · (Business in Cameroon) - Sources within both the Port Authority of Kribi (PAK) and the logistics company Africa Global Logistics (AGL) confirm that key parties involved in the development of a 1,500-hectare industrial zone adjacent to Kribi's deep-water port in southern Cameroon will meet in Paris in the coming days.
Cameroon Secures CFA6bn for Solar Plant Expansion in Maroua …
Dec 11, 2024 · (Business in Cameroon) - The expansion of the solar power plants in Maroua and Guider is being supported by a financial guarantee of CFA6 billion. This guarantee benefits the energy company Eneo, with the Ministry of Finance already granting its approval in principle. This information was shared by ...
Cameroon Raises Public Sector Payroll by CFA100bn in 2025
Dec 4, 2024 · (Business in Cameroon) - In FY2025, the Cameroonian government plans to allocate CFA1,590.6 billion for public sector personnel expenses, including salaries, bonuses, and other allowances.
Douala Port Awards $3.8mln Dock Fender Replacement Contract …
Nov 29, 2024 · (Business in Cameroon) - The Port Authority of Douala (PAD) has selected the French company Entreprise Jean Negri et Fils (EJN Negri) to replace the cylindrical dock fenders along quays 1 to 13 at the Douala port.
CEMAC Zone: BEAC’s Chance to Reshape Its Monetary Policy for …
Dec 30, 2024 · (Business in Cameroon) - Following the extraordinary summit of Heads of State in Yaoundé, many had hoped for bold initiatives aimed at strengthening the economy of the CEMAC zone. While the Bank of Central African States (BEAC) opted to maintain its current interest rates, the decision marks the ...
Cameroon Faces Challenges in Public Debt Market After Years of …
Nov 29, 2024 · Cameroon’s Treasury recently faced a difficult situation on the public debt market of the Bank of Central African States (BEAC). On November 27, the