Chinese funding keeps Cameroon's deep seaport expansion project afloat
An ambitious plan to turn an African fishing town into a major trading port is set to enter its second phase of construction with backing from China Eximbank.
Source: scmp.com
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Cameroon's Finance Minister Urges 38 Companies to Submit Overdue Tax Declarations
Finance Minister Louis Paul Motaze has publicly called on 38 taxpayers to submit their Financial Statements and Tax Returns (DSF) for FY2023. The
Source: businessincameroon.com
Britain's 'common' wealth: How London ensures that Africa never prospers
The privatization of Africa's state-owned companies is always linked to the US through its financial institutions, the World Bank and the IMF, with the introduction of Structural Adjustment Programs in the 1980s and 1990s. However, the British...
Source: sott.net
BGFIBank Cameroon's Credit Portfolio Grows 17% but Falls Short of Targets
BGFIBank Cameroon's credit portfolio reached CFA430.4 billion in 2023, according to data from the Central African Banking Commission (COBAC). This
Source: businessincameroon.com
CAMEROON: Towards the launch of the 9-town drinking water supply project in Dschang
The second phase of the Nine Towns Drinking Water Supply Project (PAEP) can begin in Dschang, in the Menoua department of western Cameroon. On 24 April 2024, the local administrative authorities and the communities affected agreed to facilitate the installation of the Chinese company CGC Overseas Construction Group (CGCOC) and the start of construction.
Source: afrik21.africa