Business in Cameroon | As of December 31, 2023, Fly ZeJet, a private Cameroonian airline, disclosed a revenue of CFA1.2 billion, as per company records. Its operating expenses were estimated at CFA80 million per month, totaling CFA1 billion for the year. The company states it has no bank debts but …
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VOA | Au Cameroun, les autorités sont toujours à la recherche de solutions pour contrer la pêche illicite et ainsi lever le “carton rouge” émis par l’Union européenne. Cette mesure, instaurée en janvier 2023, a conduit à l’interdiction des produits de la pêche camerounais sur le marché européen. Plus d’un …
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Mobile Europe | Camtel and Angola Cables act on their agreement to develop business opportunities in West Africa and the Atlantic region Angola Cables has partnered with Cameroon’s incumbent telecommunications operator, Camtel to expand digital and connectivity services in Cameroon and the West Africa region.The agreement follows an intent by …
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Business in Cameroon | Douala’s administrative and commercial hub has been without electricity since the early hours of May 2, 2024. In a statement released the same day, Eneo revealed that the cause of this disruption was a fire incident at a lumber depot in Ndogsimbi, located in the third …
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Business in Cameroon | Cameroon settled debts totaling CFA148.2 billion ($267 million) to the Chinese Eximbank in the first three months of 2024, as reported by the National Sinking Fund (CAA). Of this amount, CFA34.7 billion represents interest payments, with CFA113.5 billion allocated to principal repayment. These figures mark the …
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Techpoint Africa | Cameroon is reportedly seizing Starlink kits at its borders because the Internet service provider is not yet licenced in the country. This comes ahead of Starlink’s scheduled discontinuation of service in regions where it is not yet licenced to operate, including Cameroon, on April 30. Meanwhile, Cameroonian …
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