Business

RFI | Plusieurs centaines d’anciens employés temporaires du chantier naval CNIC – l’une des plus grosses entreprises publiques et dont le siège se trouve dans l’enceinte portuaire de Douala – manifestent depuis deux semaines devant le ministère des Finances à Yaoundé. Ils revendiquent le payement de leurs droits depuis l’arrêt …

Construction Review | The construction of Cameroon’s 420MW Nachtigal hydropower project passes a major milestone with the filling of the reservoir. Gaston Eloundou Essomba, the country’s Minister of Water and Energy, closed the dam’s valves, officially marking its impoundment. The primary civil works are being carried out by Belgium’s BESIX, …

VOA | Cameroon is cracking down on the smuggling of cocoa, cotton, and other cash crops to Nigeria by temporarily banning the legal trade as well. Since announcing the ban two weeks ago, authorities have sent hundreds of police to the border and seized scores of trucks. But Cameroon’s struggling …

In the most recent revision to its “grey list,” the Financial Action Task Force (FATF) has included Cameroon, Croatia, and Vietnam among the jurisdictions that will be subject to heightened scrutiny regarding money laundering, and terrorist and proliferation financing. This information was disclosed in a press release on Friday. This …