The port of Douala ended FY2022 with a net profit of CFA16 billion, the Port Authority revealed. Total assets and liabilities reached CFA410 billion, with a turnover of CFA131 billion, we learned. In its press release issued this week, PAD also reported it has paid over CFA11 billion in taxes over the period, with a […]
A European spy agency told the CIA it knew of a Ukraine special operations team plan to blow up the Nord Stream gas pipeline three months before explosions damaged the undersea system last year, the Washington Post reported Tuesday. The newspaper cited US intelligence allegedly leaked earlier this year by a low-level US Air National […]
90-year-old President Biya has received six new ambassadors at the Unity Palace in Yaoundé. The Monday 5th June 2023 ceremony involved heads of diplomatic missions who came to present their credentials to the Cameroonian dictator. Among the six who performed the diplomatic ritual were Corinna Fricke, Ambassador of the Federal Republic of Germany to Cameroon, […]
Cameroon’s President signed a decree last June 2 to modify the 2023 Finance Act. Per this amendment, the state budget has been raised from CFA6,345.1 billion to CFA6,726.9 billion, up CFA381.8 billion (the general budget is up by CFA367.7 billion, while the budget for special appropriation accounts is up by CFA14.1 billion). Paul Biya said […]
At least one soldier has been killed after militants of the terror group Boko Haram attacked a military outpost in Cameroon’s Far North Region, according to local and security sources. The attack took place overnight Sunday in the Kerawa locality of the region that hosts a military outpost. The militants ambushed and attacked the outpost, […]
Luka Modric and Hugo Lloris feature on a list of “more than 10” top-level Saudi Arabian football transfer targets headed by Lionel Messi and Karim Benzema, a source close to the negotiations has told AFP. Sergio Ramos, Jordi Alba, Sergio Busquets, N’Golo Kante, Angel Di Maria and Roberto Firmino are also among the seasoned World […]
The Tunisian coastguard on Friday recovered the body of a young child thought to have drowned at sea when two vessels carrying migrants sank in the Mediterranean, a journalist working with news agency said. The child’s body, dressed in a pink jumpsuit and grey woollen cap, was discovered during a patrol off the coast of […]
At least four militants of the terror group Boko Haram were killed when Cameroonian troops repelled a coordinated attack launched in the country’s Far North region, military sources said Sunday. The attack took place early Sunday in the Goldavi locality of the region. Heavily armed militants attacked an army post in the locality on several […]
Chad wants to freeze the bank accounts of Cameroon Oil Transportation Company (COTCO) to stop them being accessed by directors of Savannah Energy Plc, escalating a dispute over Savannah’s acquisition of Exxon Mobil Corp.’s oil assets in both countries. Chad, which owns 54% of COTCO, asked lenders managing that company’s accounts “not to act on […]
Germany agreed to provide a grant of €60 million, or about CFA39.3 billion to support development projects in Cameroon between 2023 and 2024. According to the deal signed last May 31 in Berlin by Cameroon’s Minister of Economy, Alamine Ousmane Mey, and the State Secretary at the German Federal Ministry for Economic Cooperation and Development […]
