Read the latest news from regional and global sources, presenting different voices and perspectives.
Cameroon: Hydrocarbons Fund Posts 158% Profit Surge in 2024 as Gas Subsidies Rise
Business in Cameroon
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July 2, 2025
(Business in Cameroon) - CSPH net profit soared to 12.9 bln CFA francs in 2024, up from 5 bln a year earlier. Domestic gas consumption climbed 12%, triggering a 23.7% increase in subsidies. Fourth-quarter spending accounted for nearly half of the...
CEMAC: Central Bank maintains optimistic forecast for inflation drop to under 3% by 2025
Business in Cameroon
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July 2, 2025
(Business in Cameroon) - The French-speaking Central African Banking Commission (CEMAC) remains optimistic regarding its inflation forecast after the second session of its Monetary Policy Committee (MPC) for 2025. CEMAC's central bank predicts an...
CEMAC Central Bank Sees Inflation Dropping Below 3% in 2025
Business in Cameroon
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July 2, 2025
(Business in Cameroon) - The Bank of Central African States (BEAC) expects inflation in the CEMAC (Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and Central African Republic) region to fall below 3% by the end of 2025. This outlook follows the...
Rephasing global development finance
The Hindu
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July 2, 2025
India’s development cooperation with the Global South has been showing a rising trend for the last several years. India has made consistent efforts to expand the facets of these engagements and has also almost doubled the flow of quantum — from...
First Nigerian-owned vessel berths in Lagos port to service AfCFTA market
The Guardian (Nigeria)
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July 2, 2025
The first fully Nigerian-owned container vessel, the Clarion MV Ocean Dragon, has berthed at Tin Can Island Port to transport cargoes across Nigerian ports and West African trade corridors, as well as to deepen trade under the African Continental...
Motaze says Ministry of Finance cannot audit FECAFOOT’s accounts
Cameroon Concord News
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July 2, 2025
Finance minister, Louis Paul Motaze, asserts that his department is not authorized to audit the accounts of the country’s football federation (FECAFOOT). This comes amidst allegations of misappropriation concerning FECAFOOT’s funds. Briefed by...
CEMAC Risks Losing Billions as Oil Firms Resist Currency Repatriation
Cameroon Online
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July 2, 2025
Business in Cameroon | CEMAC faces a major setback as oil and mining companies refuse to repatriate CFA6,000 billion earmarked for site rehabilitation, despite a deadline that expired on April 30, 2025. The Bank of Central African States (BEAC)...
Cameroonian, Dr Elombi, is President of ...
The Guardian Post
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He was appointed by shareholders of the African Export-Import Bank. The Cameroonian economist becomes the fourth leader to head the pan-African bank since its establishment in 1993. His term is set to begin in September 2025, succeeding Nigerian...
Koa Peat helps USA FIBA U19 basketball defeat Cameroon in the final group stage match Tuesday
Arizona Sports
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July 1, 2025
The USA Under-19 basketball team took care of business in its last group stage match of the FIBA U19 World Cup against Cameroon on Tuesday, winning 129-70. Koa Peat, an Arizona commit from Perry High School in Gilbert, put up 15 points on 5-of-9...
Yaounde: CRADEC rallies stakeholders to ...
The Guardian Post
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It brought together Parliamentarians, members of the APNIFFT Caucus, representatives of the Ministry of Finance, decentralised collectivities, Civil Society Organisations, public finance experts among others. CRADEC officials the roundtable aimed...
Access Bank committed to unlocking Africa’s vast trade potential
Zawya
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During the first Access Bank Af- rica Trade Conference in Cape Town, South Africa, Seyi Kuma- payi, Executive Director, African Subsidiaries at Access Bank plc, expounded on the chal-lenges facing all stakeholders involved in trade in Africa and...
What Nigeria, Cameroon must do to stop ISWAP’s expansion in Lake Chad basin
Premium Times
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July 1, 2025
Since 2021, Islamic State West Africa Province (ISWAP) has intensified its footprint in Cameroon’s Far North Region through increased extortion of communities and a spate of brutal attacks on military barracks in Borno (Nigeria) and...
Four Top Banks to Lead Cameroon's 200 Bln FCFA T-Bond Deal With Afreximbank
Business in Cameroon
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July 1, 2025
(Business in Cameroon) - The Cameroonian subsidiaries of Societe Generale, Attijariwafa Bank (SCB Cameroun), and Ecobank, along with local bank Afriland First Bank, will lead a 200 billion CFA franc deal on the Bank of Central African States...
Starlink Resumes Talks with Cameroon for Official Market Entry
Business in Cameroon
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July 1, 2025
(Business in Cameroon) - A delegation from Starlink, the satellite internet provider owned by U.S. billionaire Elon Musk's SpaceX, met with Cameroon's Minister of Posts and Telecommunications, Minette Libom Li Likeng, on June 27, 2025. Sources...
Yaounde I University: Fullbright Scholar, Prof Victor Waingeh, to build ...
The Guardian Post
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Spefically, he will be working at the University of Yaounde I, where he will be employing a combination of teaching and research to build student capacity with a view to lowering barriers and enhancing their interest and success in physical...
CCA Bank, Bertoua University sign strategic financial inclusion partnership
The Guardian Post
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The strategic agreement was signed at the Rectorate of the University of Bertoua June 20, 2025. The Rector of the University of Bertoua, Prof Professor Dieudonné Emmanuel Pegnyemb, and the General Manager of CCA Bank, Marguerite Fonkwen Atanga,...
Cameroon National Unity Day 2025
Diplomat magazine EU
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June 30, 2025
Theme: “Defence Forces and Cameroonian people in harmony to safeguard peace and national unity, bedrock of a strong and prosperous Cameroon”. Cocktail on the Occasion of the 53rd Cameroon National Day Celebration in The Hague, Kurhaus Hotel, on...
Cameroon’s Tourism Minister joins presidential race as Biya’s silence fuels uncertainty
Africanews
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June 30, 2025
Cameroon’s long-serving President Paul Biya is facing growing questions about his political future, as a second high-profile government official steps into the race to succeed him ahead of the country’s October 2025 election. Tourism Minister...
Cameroon unveils upgraded digital procurement system with $12M Korean grant
Biometric Update
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June 30, 2025
The government of Cameroon has launched an upgraded version of a digital procurement system dubbed COLEPS. Public Contracts Minister, Ibrahim Talba Malla, recently presided over the launching ceremony of the platform whose setting up had grant...
UK firm secures more funding for Cameroon drilling program
Offshore Energy
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July 1, 2025
The AIM-listed oil and gas company Tower Resources has expanded its bridge loan with Gibraltar-registered private investment company Prime Resources. Illustration; Source: Tower Resources Thanks to the extension, the £500,000 loan announced on...