Business

Cameroon Offers Tax Exemptions to Boost Electric Vehicle Sales

Business in Cameroon | The Cameroonian government is offering tax exemptions on electric vehicles to boost sales. Effective January 1, these vehicles are exempt from excise duties, which previously had an import rate of 12.5%. A 50% reduction in the taxable value of newly imported electric vehicles, motorcycles, their batteries, …

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Cameroon Launches Construction of a New Steel Complex in Kribi

CameroonOnline.ORG | On December 30, Prime Minister Joseph Dion Ngute officially launched the construction of a state-of-the-art steel complex in the industrial port zone of Kribi, South Cameroon. This ambitious project, a collaboration between the Cameroonian government and Chinese companies, aims to transform the nation’s raw iron ore into high-quality …

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Cameroon Deploys 15,000 Smart Meters to Tackle Energy Debt

Business in Cameroon | Cameroon’s government is stepping up efforts to improve energy management as part of the Electricity Sector Recovery Plan (Prsec). While presenting the 2025 action plan to Parliament, Gaston Eloundou Essomba, Minister of Water and Energy, announced plans to install nearly 17,000 metering points in government buildings. …

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