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  • Pentagon chief grilled in Congress over huge cost of war against Iran

    Pentagon chief grilled in Congress over huge cost of war against Iran

    US Defense Secretary Pete Hegseth was grilled by members of Congress over the enormous cost of the joint American-Israeli military aggression against Iran. The hearing on Wednesday came after the Pentagon revealed that the aggression against Iran has cost the United States some $25 billion so far. Jules Hurst, a senior Pentagon official, disclosed the […]

  • China commits 1.6 bln CFA in food shipments to Cameroon

    China commits 1.6 bln CFA in food shipments to Cameroon

    China has pledged food commodities valued at over 20 million yuan, approximately 1.6 billion CFA francs, to Cameroon, in a donation comprising 880 tonnes of wheat and 1,630 tonnes of rice earmarked for conflict-affected regions across the country. The commitment was disclosed on April 27, 2026 by China’s Ambassador to Cameroon, Xu Yong, following an […]

  • Yaoundé: SNH awards five oil and gas blocks under 2025-2026 licensing round

    Yaoundé: SNH awards five oil and gas blocks under 2025-2026 licensing round

    Société nationale des hydrocarbures announced on April 24 the award of five oil and gas blocks under the 2025-2026 licensing round launched on August 1, 2025. According to SNH, Murphy West Africa secured four blocks in the Douala-Kribi-Campo basin, while Octavia Energy Corporation obtained the Bolongo Exploration block in the Rio del Rey basin. Negotiations […]

  • Middle East war to spark biggest energy price surge in 4 years

    Middle East war to spark biggest energy price surge in 4 years

    Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity markets, according to the World Bank Group’s latest Commodity Markets Outlook. Overall commodity prices are forecast to rise 16% in […]

  • Cameroon ‘B’ rating affirmed by Fitch; new Vice-Presidential role seen as stabilizing

    Cameroon ‘B’ rating affirmed by Fitch; new Vice-Presidential role seen as stabilizing

    Fitch Ratings has affirmed Cameroon’s long-term foreign-currency sovereign rating at “B,” maintaining a negative outlook in its latest assessment published on Friday, April 24. The rating reflects moderate growth, contained debt and access to financial markets, but is constrained by weaknesses in public financial management and political uncertainty. Fitch said risks surrounding political succession have […]

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