Finance Actus
- Aura Cameroun Suspended Over Fecal Contamination in Water Supply May 16, 2025The activities of Aura Cameroun, a company specializing in the treatment of water for human consumption, industrial use, and hospitals, have been suspended effective May 6, 2025, according to a decision signed that same day by the Minister of Water and Energy, Gaston Eloundou Essomba. "As of the date of signature of this decision, the […]
- ATIDI Proposes Payment Guarantees for Cameroon Power Sector Amid State Arrears May 16, 2025The African Trade & Investment Development Insurance (ATIDI), a pan-African organization specializing in political and commercial risk insurance for investors in Africa, intends to introduce its offer to guarantee payments for independent power producers in Cameroon. ATIDI officials expressed this interest on May 6, 2025, in Yaoundé, during the official launch of their operations in […]
- Cameroon Manufacturing Costs Up 4.9% in Q4 2024, Led by Paper and Leather Sectors May 15, 2025Production costs in Cameroon's manufacturing sector increased by 4.9% year-on-year in the final quarter of 2024, according to the Industrial Production Price Index (IPPI) for Cameroon for Q4 2024, released on May 5, 2025, by the National Institute of Statistics (INS). "The sectors most impacted by this price surge are 'paper and cardboard manufacturing, printing' and […]
- Cameroon's Domestic Debt Surges to 3.9Tn FCFA in Q1 2025 May 15, 2025Cameroon's domestic debt reached 3,900.2 billion CFA francs in the first quarter of 2025, according to the Autonomous Sinking Fund (CAA). The public debt manager noted that this figure, which excludes aged payables, represents a 10.9% year-on-year increase and now accounts for 12.1% of the country's GDP. The rise in domestic debt underscores the government's […]
- Cameroon's SME Stock Rises Significantly in 2024, Reaching Over 443,000 May 15, 2025A newly released 2024 statistical yearbook from the Ministry of Small and Medium Enterprises, Social Economy, and Handicrafts reveals a substantial increase in the number of small and medium enterprises (SMEs). The report indicates that the total stock of SMEs reached approximately 443,524 last year, up from 393,175 in 2023. This represents the creation of […]
- Cameroon Banana Exports Nearly Flat in April, CDC and CDBM See Gains May 15, 2025The four banana producers operating in Cameroon exported 16,830 tons of banana in April 2025, according to figures released by the Cameroon Banana Association (Assobacam). These international sales were almost unchanged, down a marginal 0.4% or 67 tons, compared to the 16,897 tons exported in April 2024. However, Assobacam's data revealed a significant surge in […]
- Kribi Port Ranks Second in Customs Revenue After 7 Years, Generating 1.2 Trillion FCFA May 15, 2025The Port Authority of Kribi (PAK), the state-owned entity managing the Kribi port complex, has announced that customs authorities have collected nearly 1.2 trillion CFA francs in revenue since the infrastructure began operations in March 2018, according to PAK General Manager Parice Melom. Highlighting the increasing strength of customs revenue collection at Kribi over the […]
- Cameroon Trims 2025 Growth Forecast to 3.9% May 15, 2025Cameroonian authorities now project economic growth of 3.9% for 2025, a slight increase from the 3.5% recorded in 2024. This revised outlook is detailed in the latest economic report on debt published by the Autonomous Sinking Fund (CAA) and echoed by the financial rating agency Fitch Ratings in its recent assessment of Cameroon. The new […]
- Cameroon: Strong Demand, Input Costs Drive 5.4% Industrial Price Hike in Q4 2024 May 15, 2025Production costs in Cameroon's industrial sector increased by 5.9% between October and December 2024, according to the Industrial Production Price Index (IPPI) for the fourth quarter of 2024, released on May 5, 2025, by the National Institute of Statistics (INS). The country's official statistics agency attributed this rise, which continues to contribute to inflation in […]
- Eneo Seeks CFAF54bln to Secure Future for Vital Songloulou Dam May 15, 2025Eneo, the operator of Cameroon's Songloulou hydroelectric dam, will need to invest 72 billion CFA francs to extend the facility's lifespan by 50 years after four decades of operation. The rehabilitation program, dubbed “Dam Safety”, is outlined in two phases. The first, urgent phase carries a budget of 20 billion CFA francs and is divided […]
- Cameroon’s Public Debt Up 5.7% by March 2025, Still Within Safe Limits May 13, 2025Cameroon’s total public debt stood at CFA14,442 billion as of March 31, 2025, according to the national sinking fund CAA. This marks a 5.7% increase over the past year, though the debt level actually dropped by 1.4% compared to the previous month. The CAA described the figures as a sign of “active and cautious” debt […]
- AGL Expands Kribi Logistics Hub with CFA4bn Investment May 13, 2025Africa Global Logistics (AGL) announced an investment of CFA4 billion to expand its logistics hub in Kribi, Cameroon. The goal is to keep pace with rising container traffic at the city’s deep-sea port. Officially opened on June 8, 2022, the Kribi Logistics Hub is now entering its second phase of development. This new stage, expected […]