In 2023, Cameroon’s Treasury repaid CFA 712.2 billion to investors on the Bank of Central African States (BEAC) public securities market, according to BEAC’s 2023 activity report. These loans were taken by Cameroon through Treasury bills (BTA) and Treasury bonds (OTA). BTAs are short-term securities with maturities up to one year, typically used for short-term […]
Pakistan’s Foreign Secretary Muhammad Syrus Sajjad Qazi called for securing an immediate ceasefire in Gaza as he addressed a meeting of foreign ministers of the Organization of Islamic Cooperation (OIC) member states in Cameroon, Pakistan’s foreign office said on Friday. Qazi led the Pakistan delegation to the two-day OIC Council of Foreign Ministers (CFM) meeting […]
The 50th session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) has commenced in Yaoundé, the capital of Cameroon, under the theme: “Development of Transport and Communications Infrastructure within the OIC Framework: A Key Tool in the Fight against Poverty and Insecurity.” and under the patronage of Cameroonian President Paul […]
Archbishop Andrew Nkea has strongly rejected the notion that opposition to the LGBT agenda is based simply on African cultural norms. “Our stand had nothing to do with culture,” said Archbishop Andrew Nkea Fuanya of Bamenda, Cameroon. “It was about fidelity to the truth; fidelity to what Christ taught. It was about fidelity to what […]
Journalists in Cameroon say attacks on reporters have surged as the country prepares for next year’s presidential elections. Ninety-one-year-old President Paul Biya, who has ruled the country for over four decades, may run again. Rights groups say six journalists have been assaulted by gunmen in the past weeks, while several reporters and a radio station […]
Business association GICAM has expressed frustration over frequent inspections conducted by agents of the Ministry of Commerce. In a statement released on August 23, GICAM President Célestin Tawamba said members had complained of “irregular seals and exorbitant fines” imposed by some ministry agents. Following a meeting with ministry officials, GICAM urged businesses to report any […]
On August 23, the Administrative Court in Yaoundé suspended a decision from the State Audit Office (Consupe) that had imposed a CFA611.6 million fine on Alain Noël Olivier Mekulu Mvondo Akame, the Director General of the National Social Insurance Fund (CNPS), for 19 management errors. This ruling comes over two months after Mekulu Mvondo challenged […]
Cameroon spent an estimated CFA13 billion to import vehicles from South Africa last year. According to data from the National Institute of Statistics, the country imported a total of CFA46 billion worth of goods from this partner country during the period. Vehicles accounted for 29% of these imports, with 22% for trucks (CFA10 billion) and […]
Dear Assibong, I have gone through your conglomeration of bunkum and from every indication, you are one of the few students my late father taught and whose sound English language skills did not have an impact on. I would suggest you go back to the English language lessons my father, a man noted for his […]
Under President Biya’s high orders, Agriculture Minister Henri Eyebe Ayissi has dropped the decision to expropriate British American Tobacco Cameroon from prime land in Yaoundé, despite having agreed to it only a few months earlier. BAT Cameroun reportedly condemned the expropriation of its land in the Bastos district of Yaoundé. Cameroon Intelligence Report gathered that […]
