Cameroon has benefited for many years now from an annual 5% subsidy on the cost of domestic gas, a precious commodity. According to SNH, 21% of consumption was covered by local production in 2021. In 2022, Cameroon officially spent CFAF 75 billion on subsidising domestic gas consumption, due to the rising cost of hydrocarbons on the world market.
With this in mind, Mr Okie Johnson Ndoh, Chairman of the Ad hoc committee in charge of petroleum product imports for the second half of 2024,...
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Within the framework of the import-substitution policy driven by the Government of Cameroon, the cassava value chain - production, processing and marketing - will be an essential asset. The Government and its partners in the secondary sector of the economy are working hard to see that SOTROMAS S.A (a company specialising in the industrial processing of cassava), based in Sangmelima in the South Region, is able to operate at full capacity.
With this in mind, a consultation...
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Since yesterday, 17 April 2024, the Cameroon National Shippers' Council (CNSC) is amongst the many exhibitors at the 4th edition of the Cameroon Investment Forum (CIF) in Douala.
This event, held under the High Patronage of His Excellency Paul Biya, President of the Republic of Cameroon, is organised by Cameroon's Investment Promotion Agency (IPA). Holding under the central theme: "Attracting productive investment in the agriculture and fisheries value chains...
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After the recent working session of the Council of Ministers of the Central African Economic Union (UEAC) held on 23 February 2024 in Bangui, Central African Republic (CAR), Cameroon's Minister for Forestry and Wildlife, Mr. Jules Doret Ndongo, signed a Ministerial Order on 4 April 2024 amending the classification of timber species in Cameroon. This was in implementation of instructions from the Prime Minister and aims to promote timber processing with a view to boost performance in the sub-sector.
The...
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