Business

Cameroon’s coffee supply chain to be digitised and made EUDR compliant

Tea & Coffee Trade Journal | Dimitra, a blockchain-based operating system for agricultural technology, and Arasco Food BV, an international food trading corporation, has announced a joint pilot project that will digitise, modernise and make compliant coffee supply chains in Cameroon. Led by Dimitra Europe GmbH, a subsidiary of Dimitra Incorporated, this …

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Embezzlement Scandal at SOPECAM: 300 Million FCFA Missing

SOPECAM is in turmoil following a significant financial scandal. According to Cameroon Magazine, Marthe Ngo Bassomo, coordinator of the commercial and marketing department, is accused of embezzling over 300 million FCFA [$490,831.65 (USD)] to invest in LIYEPLIMAL, a platform created by fugitive Émile Parfait Simb. This incident exposes severe internal …

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Scatec’s Release Shines Brighter in Cameroon with Solar and Storage Boost

Cameroononline | Release, the renewable energy arm of Scatec, is expanding its footprint in Cameroon. The company is adding a substantial 28.6 MW of solar power and 19.2 MWh of battery storage to its existing projects. This move solidifies Release’s commitment to providing clean energy solutions to Cameroon, which is …

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French Entrepreneur Launches Million-Dollar Chocolate Factory in Cameroon

Business in Cameroon | French entrepreneur Olivier Bordais has initiated the construction of a chocolate factory worth nearly one billion FCFA (€1.5 million) in Cameroon. The groundbreaking ceremony for the project, located in Obala, one of Cameroon’s cocoa production hubs about thirty kilometers north of Yaoundé, took place on May …

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Dans 48 heures, les billets de banque de la gamme 1992 n’auront plus aucune valeur dans la Cemac

Investir au Cameroun | Dans un communiqué que vient de publier l’Agence de la Banque des États de l’Afrique centrale (Beac) de Garoua, dans la partie septentrionale du Cameroun, les détenteurs des billets de banque de la gamme 1992 (photo ci-dessus) des régions du Nord, de l’Extrême-Nord et de l’Adamaoua, …

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