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Cameroon

Paul Biya puts his justice minister in his place

A series of probationary magistrate appointments made on 13 December by Justice Minister Laurent Esso, on President Paul Biya's orders, was the first of its kind in over four years.

Subscribers only Politics 20.12.2024

CEMAC leaders still hopeful operators will reach rehabilitation fund deal

The presidents of the sub-region have given oil and mining operators until April to find common ground with the bloc's central bank on the repatriation of their rehabilitation funds. Until then, negotiation talks will be held on a monthly basis.

Subscribers only Energy 19.12.2024

CEMAC heads of state to discuss Gabon and Congo's debts

Libreville and Brazzaville have strayed from the convergence criteria of the Economic and Monetary Community of Central Africa. The issue will be discussed at an extraordinary summit in Yaoundé next week.

Subscribers only Finance, Diplomacy 13.12.2024

Cameroonian president Paul Biya in Saint Petersburg, Russia, on 28 July 2024. © Kirill Kukhmar/TASS host photo agency/Handout/EPA/MaxPPP

Biya rejects move by his son's associates to take over Colomine gold

Two people close to Franck Biya showed a keen interest in the Colomine gold mining project, which is behind schedule and owned by the president's nephew, but the president is keeping faith with the latter.

Subscribers only Mining, Politics 05.12.2024

Albert Zeufack at the World Bank/IMF Spring Meetings, in Washington, DC, USA, 22 April 2017. © Zach Gibson/AFP

Cameroon's secret plan to thwart Abbas Mahamat Tolli's candidacy for AfDB president

Since July, Cameroonian diplomats have been pushing for economist Albert Zeufack to take over the presidency of the African Development Bank, instead of the former BEAC governor whom N'Djamena is supporting.

Free access Politics 23.10.2024

Spotlight
Ex-Boko Haram groups put security services to test in Far North Region

Army officers and political leaders in the Far North Region are worried about the recent increase in attacks by jihadist groups previously linked to Boko Haram. Yaoundé is following the situation closely but is reluctant for the time being to take further containment measures.

Subscribers only Defence 12.12.2024

Yaoundé divided over parallel AfDB candidacy

The president's office is working to promote its own candidate for the top African Development Bank seat, despite having officially supported Chad's contender. Even then, Paul Biya's advisers can't seem to agree on a name.

Free access Politics 06.12.2024

IFC poised to lend $60m to Afriland Bank

The International Finance Corporation (IFC) is considering a $60m loan to Cameroon’s Afriland First Bank

Subscribers only Finance 04.12.2024

AGL launches final financing round for construction of Kribi industrial zone

The consortium led by Africa Global Logistics will meet in Paris next month to define the terms of the shareholders' agreement.

Subscribers only Infrastructure, Business 02.12.2024

Garoubé and Ivo Capital Partners battle over €24m in damages sought from Yaoundé

The company Garoubé, which won an arbitration award against the Cameroonian state in September 2021, is now seeing its claim challenged by Ivo Capital Partners which financed part of the proceedings. The Paris Commercial Court is shortly due to rule on the case.

Subscribers only Business 25.11.2024

Dredger tasked with desilting Douala port still grounded, despite costly repairs

The boat 'Chantal Biya' has been immobilised for months, racking up vast repair bills. It is still broken, however, and unable to clear sand from the port of Douala, preventing large container ships from docking there.

Subscribers only Infrastructure 19.11.2024

Reception ceremony for Mbalam-Nabeba iron ore equipment cancelled

The event was to have been held on 11 November.

Subscribers only Mining 08.11.2024

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

Oil and mining companies operating within CEMAC had undertaken to reach an agreement with the bloc's central bank by 1 January, but are now aiming to do so four months later.

Subscribers only Energy, Mining 05.11.2024

ECCAS in need of CFA 15bn

The Economic Community of Central African States needs to find between €22m and €27m if it is to continue to operate.

Subscribers only Diplomacy 04.11.2024

First trucks for Mbalam-Nabeba iron ore project due in Kribi port

A reception ceremony is planned for early November.

Subscribers only Mining 01.11.2024

The millions lost by Société Générale's mobile payment service Yup Cameroun

Yup Cameroun, Société Générale Cameroun's mobile payment service, has cost its shareholders millions of dollars.

Subscribers only Finance, Business 30.10.2024

Nathalie Moudiki behind sacking of Tradex boss Simon Paley

Simon Paley, who was sacked as Tradex's chief executive in early October, has paid the price for his strained relations with Nathalie Moudiki, wife of Adolphe Moudiki, the octogenarian director general of Tradex's parent company, Société Nationale des Hydrocarbures.

Subscribers only Energy 29.10.2024

Yaoundé strives to save its arbitration against miner Sundance over Mbalam iron

Cameroon missed the deadline to submit its defence, but the president's office has contacted its legal counsel and experts in a bid to defend its position against the Australian miner. Meanwhile, Paul Biya's return to the country is likely to align the various parties in Yaoundé.

Subscribers only Mining 24.10.2024

Sam Jonah's battery metal plans with Tronic Metals

Prominent Ghanaian mining figure Sam Jonah has become the new chair of Geovic Cameroun just as Tronic Metals, a Canadian company he owns a large share of, is finalising its purchase of Geovic's Nkamouna cobalt project.

Subscribers only Mining 21.10.2024

More than one buyer keen on Commercial Bank Cameroon

There has been strong interests in recent weeks for the portion of shares the Cameronian state is selling in Commercial Bank Cameroon.

Subscribers only Finance 18.10.2024

BGFI and Zenith Bank both in running to buy Société Générale's local subsidiary

Banque Gabonaise et Française Internationale and Nigeria's Zenith Bank have both expressed an interest in acquiring Société Générale's Cameroon subsidiary.

Subscribers only Finance 16.10.2024

Mbalam-Nabeba iron: Ngoh Ngoh and Esso rivalry lies behind obstructed arbitration

The arbitration proceedings at the ICC between Cameroon and Australia's Sundance over the Mbalam-Nabeba iron ore deposit continue to stall, with the former's justice minister not acting upon the secretary general of the president's office's instructions.

Subscribers only Mining 14.10.2024

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Cameroon

Paul Biya puts his justice minister in his place

CEMAC leaders still hopeful operators will reach rehabilitation fund deal

CEMAC heads of state to discuss Gabon and Congo's debts

Biya rejects move by his son's associates to take over Colomine gold

Cameroon's secret plan to thwart Abbas Mahamat Tolli's candidacy for AfDB president

Spotlight
Ex-Boko Haram groups put security services to test in Far North Region

Yaoundé divided over parallel AfDB candidacy

IFC poised to lend $60m to Afriland Bank

AGL launches final financing round for construction of Kribi industrial zone

Garoubé and Ivo Capital Partners battle over €24m in damages sought from Yaoundé

Dredger tasked with desilting Douala port still grounded, despite costly repairs

Reception ceremony for Mbalam-Nabeba iron ore equipment cancelled

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

ECCAS in need of CFA 15bn

First trucks for Mbalam-Nabeba iron ore project due in Kribi port

The millions lost by Société Générale's mobile payment service Yup Cameroun

Nathalie Moudiki behind sacking of Tradex boss Simon Paley

Yaoundé strives to save its arbitration against miner Sundance over Mbalam iron

Sam Jonah's battery metal plans with Tronic Metals

More than one buyer keen on Commercial Bank Cameroon

BGFI and Zenith Bank both in running to buy Société Générale's local subsidiary

Mbalam-Nabeba iron: Ngoh Ngoh and Esso rivalry lies behind obstructed arbitration

Chinese construction group wins €62m project in Douala

Natixis cancels Paris meeting with Cameroonian delegation at last minute

World Bank seeks to relaunch Cameroon Business Forum

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Cameroon

Paul Biya puts his justice minister in his place

CEMAC leaders still hopeful operators will reach rehabilitation fund deal

CEMAC heads of state to discuss Gabon and Congo's debts

Biya rejects move by his son's associates to take over Colomine gold

Cameroon's secret plan to thwart Abbas Mahamat Tolli's candidacy for AfDB president

Spotlight Ex-Boko Haram groups put security services to test in Far North Region

Yaoundé divided over parallel AfDB candidacy

IFC poised to lend $60m to Afriland Bank

AGL launches final financing round for construction of Kribi industrial zone

Garoubé and Ivo Capital Partners battle over €24m in damages sought from Yaoundé

Dredger tasked with desilting Douala port still grounded, despite costly repairs

Reception ceremony for Mbalam-Nabeba iron ore equipment cancelled

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

ECCAS in need of CFA 15bn

First trucks for Mbalam-Nabeba iron ore project due in Kribi port

The millions lost by Société Générale's mobile payment service Yup Cameroun

Nathalie Moudiki behind sacking of Tradex boss Simon Paley

Yaoundé strives to save its arbitration against miner Sundance over Mbalam iron

Sam Jonah's battery metal plans with Tronic Metals

More than one buyer keen on Commercial Bank Cameroon

BGFI and Zenith Bank both in running to buy Société Générale's local subsidiary

Mbalam-Nabeba iron: Ngoh Ngoh and Esso rivalry lies behind obstructed arbitration

Chinese construction group wins €62m project in Douala

Natixis cancels Paris meeting with Cameroonian delegation at last minute

World Bank seeks to relaunch Cameroon Business Forum

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Spotlight
Ex-Boko Haram groups put security services to test in Far North Region