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

Cameroon. Locomotive of Sub-Regional Economy

President Paul Biya’s country is undoubtedly the epicentre of the sub-region as it shares borders with all CEMAC member countries. Her geo-strategic location, coupled with adaptable government policies to improve on the business climate of the country places Cameroon as the hub of economic activities in the Economic Community of Central African States (CEMAC). Continuer la lecture


The President of the Republic, H.E. Paul Biya, has transformed Cameroon into a work site for economic emergence, that is, “a country that creates and distributes wealth fairly; a country that offers equal development opportunities to all; a country with strong and sustainable growth; a country with enhanced food security, in a word, a country that ensures  happiness for all.” Continuer la lecture

Protection of Local Industry. Paul Biya Saves 8000 Jobs

The President of the Republic ordered the suspension of sugar importation into the country till further notice. The suspension came on the heels of alarm raised by the sugar producing company on a serious threat to its existence based on massive importation of sugar. Some 8000 jobs were thus on the line if the company had to cease production because of massive importation. Continuer la lecture

SONARA halts production to increase output

The National Refining Company, SONARA, is on the verge of boosting its production capacity. The move to increase output has seen the country’s lone petroleum refining facility shut down since Sunday April 15, 2018. Officials of SONARA say the “programmed” shutdown for technical rehabilitation is expected to last till July 2018. The rehabilitation works will enable SONARA to connect phase one of their extension and modernization project to existing installations in relation to the end of the first phase of the SONARA project. Once completed, production capacity will jump to 3.5 million tons per annum, up from 2.1 million tons per year. Continuer la lecture

Dette intérieure de l’Etat du Cameroun : Le gouvernement prend l’option de l’apurement en 2018

Au cours de l’année budgétaire 2017, l’attention accordée au règlement des factures des différents prestataires de l’Etat du Cameroun n’a pas été au niveau des attentes. Cette situation pourrait s’expliquer par la survenue d’un ensemble d’événements socio-politiques qui ont perturbé les priorités planifiées par le gouvernement de la République du Cameroun. Continuer la lecture