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  • Afriland First Bank deepens its role in financing Cameroon’s SMEs

    Afriland First Bank deepens its role in financing Cameroon’s SMEs

    Afriland First Bank Cameroon is highlighting the strength of its lending activity as it looks to deepen its foothold in the small and medium-sized enterprise segment. In 2025, the bank says it extended more than CFA1,200 billion in loans to private businesses, bringing its outstanding credit portfolio to CFA1,667 billion. It also reported CFA20,333 billion […]

  • Yaoundé to host Latin American forum

    Yaoundé to host Latin American forum

    Cameroon is set to host five Latin American countries for a first-of-its-kind economic summit in Yaoundé from April 21 to 23. The event comes as the central African nation accelerates a push to reduce its dependence on imported goods and boost domestic production ahead of a 2035 target to achieve middle-income status. The Economic Forum […]

  • Douala: Industrial gas demand collapses as prices and supply strain clients

    Douala: Industrial gas demand collapses as prices and supply strain clients

    Natural gas deliveries by Gaz du Cameroun (GDC) to industrial clients in Douala fell sharply in 2024, highlighting growing strains in the country’s industrial energy market. According to the National Hydrocarbons Company (SNH), volumes dropped to 35.57 million cubic meters over the year, down 62.92% from 2023. The decline reflects the disconnection of several industrial […]

  • Iran closed Strait of Hormuz as US maintains blockade

    Iran closed Strait of Hormuz as US maintains blockade

    The Islamic Revolution Guards Corps (IRGC) Navy says Iran has closed the Strait of Hormuz after the United States chose to maintain its blockade of the Islamic Republic’s ports in violation of the conditions of the ongoing ceasefire. In a statement on Saturday, the IRGC Navy noted that the Islamic Republic had decided to allow non-military […]

  • Douala: The Holy Father challenges wealth distribution amid rampant corruption

    Douala: The Holy Father challenges wealth distribution amid rampant corruption

    In a half-day visit to the economic capital of Cameroon Friday, Pope Leo offered the local population an extended reflection on the just and equitable distribution of resources in a country notorious for corruption. In his April 17 homily at Japoma Stadium in Douala, the pope framed his message in the context of the day’s […]

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