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Business

Cameroon had the highest rate of bad credits in 2016
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Cameroon had the highest rate of bad credits in 2016

In 2016, the gross lending of 829 microfinance institutions identified within CEMAC was CFA535.5 billion. The figure is revealed in the report on financial stability in…
Cameroon: Government on borrowing crusade as anglophone crisis sinks state treasury
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Cameroon: Government on borrowing crusade as anglophone crisis sinks state treasury

Cameroon is Broke: Biya Wants to Borrow 240 Billion CFA... Quick! Cameroon is running out of money. President Biya signed a decree last Friday authorizing the…
Cameroon: Timer Exporters Skyrocket Prices On International Markets
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Cameroon: Timer Exporters Skyrocket Prices On International Markets

The International Tropical Timber Organization (ITTO) reveals that Cameroonian producers have increased the wood’s selling price in the international market. It reports this in its January…
SOCAPALM files complaint against French newspapers
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SOCAPALM files complaint against French newspapers

Biggest Palm oil producing company in Cameroon Socapalm, has accused French newspapers of defamation. The company filed a complaint against several French newspapers like, Mediapart, Obs…
Senegal eases entry visa procedures for Cameroonians
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Senegal eases entry visa procedures for Cameroonians

Cameroonians willing to travel to Senegal will now henceforth benefit from new visa regulations as announced by representatives of the airline companies (Air Côte d’Ivoire, Asky,…
Cargolux suspends freight services to Douala airport
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Cargolux suspends freight services to Douala airport

Cargolux, the giant freight company has decided to temporarily stop its freight to Cameroon due to a scanner breakdown which is yet to be resolved in…
Cameroon:National Hydrocarbons Corporation ( SNH) marketed fuel worth 16.86 million barrels of crude oil in 2017
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Cameroon:National Hydrocarbons Corporation ( SNH) marketed fuel worth 16.86 million barrels of crude oil in 2017

National Hydrocarbons Corporation ( SNH) projections foreshadowing production of crude oil. Announcing to Cameroonians that it marketed fuel worth 16.86 million barrels of crude oil in…
Cameroon issues CFA5 billion treasury bills on (BEAC)'s stock market
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Cameroon issues CFA5 billion treasury bills on (BEAC)'s stock market

On January 17, 2018, Cameroon’s public treasury has issued CFA5 billion fungible treasury bills, with a 26-weeks maturity period, on the security market of Bank of…
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