Monkey Pox virus hits Cameroon, Minister Mama Fouda reacts

Cameroon’s public health minister, André Mama Fouda, has reported an outbreak of monkey pox in the English-speaking regions of North West and South-West Cameroon. An official press release called for vigilance in the areas affected, as the country’s epidemiological surveillance system has recorded, since late April, cases of human contamination by monkey pox. Continuer la lecture

Sécurité routière : prometteuse embellie

Il fallait tout faire pour sortir de la zone d’alerte rouge et même orange. Alors, depuis une dizaine d’années, les autorités du Cameroun ont mis sur pied une synergie qui aujourd’hui semble porter des fruits. Plus de 20% de réduction du taux d’accidents mortels sur les routes sur toute l’étendue du territoire nationale. Continuer la lecture

Announcement of Programme with IMF boosts value of Cameroon Eurobond on International Market

The value of the USD 750 million Eurobond (FCfa 375 billion), launched in November 2015 by the State of Cameroon and maturing in 2025, went up 1.7 cents on this past 8 March. This price increase, highlighted the Reuters agency, came after the Cameroonian government officialised ongoing negotiations with the International Monetary Fund (IMF), to implement a three-year structural adjustment programme (2017-2019) to stabilise public finances and boost profitable investments. Continuer la lecture

Structural Projects To Boost Small, Medium Size Enterprises

If the financial sector hasn’t been negatively impacted, the export sectors (wood, aluminum, rubber, cotton) have suffered the repercussions of a slowing global economy with aggravating factors such as lower commodity prices, a declining foreign investment and a credit crunch. Consequences for the economy: a reduction in growth in 2009, even stronger than in 2008 when the effects of the crisis were beginning to be felt. Continuer la lecture

Support initiatives are growing for Small, Medium Size Enterprises

According to the National Institute of Statistics (NIS), public-private actors propose solutions for the sustainable inclusion of these structures in the economic fabric and their optimal contribution to the national gross domestic product. The preliminary report of the results of the second general census of enterprises (RGE-2) produced by the National Institute of Statistics reveals that only 6.3% of business leaders use banks to finance their activities. Continuer la lecture