RFI | Yaoundé devait remettre au plus tard le 31 décembre un rapport d’activité à l’Initiative internationale pour la transparence dans les industries extractives (ITIE), mais ne l’a pas fait. Le Cameroun demande un délai supplémentaire. Le ministre des Mines, Gentry Fuh Calistus, a ainsi écrit à Helen Clark, la …
Read More »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, …
Read More »300 MW from Nachtigal Dam Now Supplied to Cameroon’s Power Grid
Business in Cameroon | Nachtigal Hydro-Power Company (NHPC) announced that, since December 23, 2024, 300 MW of electricity produced by the Nachtigal Dam is now available in Cameroon’s power grid. The dam, which is being completed in the Central Region of the country, has a total production capacity of 420 …
Read More »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 …
Read More »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. …
Read More »Sanlam and Allianz Finalize Merger to Form SanlamAllianz in Cameroon
Business in Cameroon | On December 13, in Douala, Cameroon, German insurer Allianz and South African insurer Sanlam officially announced their merger. The merger, which was finalized after an extraordinary general meeting of their Cameroonian subsidiaries on July 22, has created two new companies: SanlamAllianz Cameroun Assurances, which handles general …
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