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Cameroon

Battle over Nkamouna-Mada cobalt

US-based Phoenix Mining announced in March that it had taken control of the Nkamouna-Mada nickel-cobalt project in Cameroon. But Australian junior Cyclone Metals said in June that it had applied for a licence for the same site. A move that has raised tensions over this coveted deposit.

Subscribers only Mining 20.06.2022

New MD of Castel's SABC has his work cut out for him

Stéphane Descazeaud, the new MD of Cameroon's brewery, Société Anonyme des Brasseries du Cameroun, a subsidiary of French giant Castel, has to make peace with the government.

Subscribers only Business 13.06.2022

Perenco poised to take over New Age's 'cursed' Etinde block

On standby for several years, the development of the Etinde permit, in which Perenco wishes to acquire New Age's 37.5% stake, could finally result in gas being delivered to the Cameroonian coast or Equatorial Guinea's liquefaction plant.

Subscribers only Energy 09.06.2022

"Congo Hold-up" : France's financial prosecution service has begun investigating the BGFI

Gabon's BGFIBank group is being investigated by the French national financial prosecution service. The investigation concerns "suspect" movements of funds between its subsidiaries in the DRC and France.

Subscribers only Finance, Business 08.06.2022

Alexandre Vilgrain, former CEO of SOMDIAA. © somdiaa.com

With Vilgrain ousted, Castel takes a firmer hold of SOMDIAA

Alexandre Vilgrain, CEO of Cameroon's flour market leader SOMDIAA, has been forced to resign, following the publication of a report by an American NGO accusing his company of financing an armed group in the Central African Republic. It's an opportunity for Castel to reorganise its subsidiary and regain some control.

Subscribers only Commodity traders, Business 07.06.2022

The African Union summit in Malabo, Equatorial Guinea. © Twitter/@_AfricanUnion

Business airlines hit jackpot with AU summit in Malabo

The latest African Union gathering held in the capital of Equatorial Guinea in May was a golden opportunity for a handful of business airlines to make some serious money by flying various presidents around.

Subscribers only Business 03.06.2022

In Yaoundé, politicians are heading into revivalist churches to further preach their message

Following the lead of Paul Biya's Deputy Director of the Civil Cabinet, Oswald Baboke, who is the head of a powerful Protestant church, more figures in the regime are using their religious connections to boost their political careers.

Subscribers only Politics 01.06.2022

Chapelle de la gloire du Christ, in the Mvog Ada district of Yaoundé.

World Bank to launch new $538m infrastructure project in north despite past failures

The World Bank is preparing to finance a new road and rail infrastructure construction programme between Douala and N'Djamena. Expected to cost more than $538m, it recalls an earlier one, completed in 2021, which the bank said had produced "unsatisfactory" results.

Subscribers only Infrastructure, Business 19.05.2022

Bolloré employees worried about their future after MSC acquisition

Employees of Bolloré Africa Logistics and its Cameroonian subsidiary, Société Commerciale des Ports Africains (Socopao), contacted the Douala regional delegate for labour and social security, Christel Etoundi Bekono, over concerns about the sale to MSC.

Subscribers only Infrastructure, Business 17.05.2022

Spotlight
Macron reacts to military rapprochement with Moscow

In late April, Cameroon signed a new military cooperation agreement with Moscow, prompting an immediate diplomatic reaction from France. Christophe Bigot, Africa director at the foreign ministry, travelled in person to Yaoundé, and at one point a visit by Emmanuel Macron was even envisaged.

Subscribers only Defence, Diplomacy 12.05.2022

Cameroon's President Paul Biya (left) with his French counterpart Emmanuel Macron in Lyon in October 2019.

Ailing Biya visited by his French doctor

Worried about the series of ailments suffered by 90-year-old Paul Biya in April, the presidential entourage called on his personal physician.

Subscribers only Politics 11.05.2022

Government draws on industry stocks to supply petrol stations amid fuel shortage

The war in Ukraine is causing disruptions to oil distribution and prices in Cameroon, a country heavily dependent on fuel imports. Worried this could spark a transporters' revolt, the Yaoundé government has tapped into sugar refinery Sosucam's reserves to help ease the situation in the north of the country.

Free access Energy, Business 29.04.2022

Bolloré still on hand to supply French army from Libreville to N'Djamena

Though in the midst of selling off its African logistics assets to the Italian-Swiss company MSC, the French giant Bolloré will continue to supply French bases in central Africa, from Gabon to Chad and the Central African Republic.

Subscribers only Defence, Business 28.04.2022

Decline in Paul Biya's health strikes alarm amongst inner circle

The 89-year-old Cameroonian head of state has been residing in his native village since the Africa Cup of Nations, but in the past few days he has suffered a series of ailments.

Subscribers only Politics 28.04.2022

President Paul Biya, accompanied by his wife Chantal Biya, during his last public appearance at the CAN.

French company Louis Berger takes Yaoundé to court for unpaid bills

French engineering consultancy Louis Berger has turned to the courts to claim around €1.5m in invoices left unpaid since 2019 by the Cameroonian state.

Subscribers only Infrastructure, Business 15.04.2022

In iron ore conflict, Australian Supreme Court allows Sundance access to ex-partner's files

The Australian iron ore company still seems reluctant to file suit against its former partner AustSino over suspected foul play regarding the Nabeba-Mbalam iron project that straddles the Cameroon and Congo. It has, however, won a key battle to help make a decision.

Subscribers only Mining 07.04.2022

Canadian Magil has many construction hurdles to overcome

Magil Construction has many projects to move forward in Cameroon, including the massive roadway project east of Douala estimated at €223m, yet discussions with the administration are increasingly tense.

Subscribers only Infrastructure, Business 04.04.2022

The eastern entrance to Douala, Cameroon in 2016.

Inner circles
The team helping Samuel Eto'o save his seat at FECAFOOT

The former international striker's hold on the presidency of the Cameroonian Football Federation, a seat he coveted for nearly 10 years before his appointment in December, is shaky at best. He is facing the threat of a ruling from the Court of Arbitration for Sport and the FIFA and the Confederation of African Football breathing down his neck.

Subscribers only Politics, Business 01.04.2022

The president of Fecafoot, former striker Samuel Eto'o.

Ambassadors remain in limbo in Yaounde

Nearly a year after being appointed, the new US ambassador Christopher Lamora has finally arrived in Yaounde. Just like all ambassadors over the past three years, the US diplomat was unable to present his credentials to President Paul Biya.

Subscribers only Diplomacy 25.03.2022

Ngoh Ngoh broadens his offensive on economy and finance ministries

The secretary general of the presidency of the republic (SGPR) Ferdinand Ngoh Ngoh is tightening his grip on state coffers by ordering an audit of expenses incurred between 2010 and 2021.

Subscribers only Politics 21.03.2022

Israeli securocrat Eran Moas behind Augentic-IN Group's push for ID cards

To win the next contract for Cameroon's biometric identity cards, fledgling German company Augentic, in partnership with French firm IN Groupe, is relying on the intense lobbying of Israeli securocrat Eran Moas, an adviser to President Paul Biya's praetorian guard.

Subscribers only Defence, Business 15.03.2022

Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

Swiss trader Trafigura, which is increasing its supply agreements in the DRC and Zambia, is keen to trump its competitors by having a copper transport route to Angola. Together with Mota-Engil and Vecturis, it has responded to the call for tenders to manage the rail corridor between Kolwezi and Lobito.

Subscribers only Mining, Commodity traders 09.03.2022

CEMAC struggles to draw up its 2022 spending programme

The institution headed by former Gabonese prime minister Daniel Ona Ondo has set its 2022 spending programme at 94bn CFA francs. This looks like an increase on the previous year but, in fact, the failure of member states to pay their contributions will lead to a drastic reduction in its operating costs.

Subscribers only Diplomacy 08.03.2022

The extraordinary meeting was called by CEMAC chairman, former Gabonese prime minister Daniel Ona Ondo.

Castel management in limbo after truck accident death

Emmanuel de Tailly, the boss of Société Anonyme des Brasseries du Cameroun, a Castel Group subsidiary, has tendered his resignation after an accident involving one of the firm's vehicles that resulted in a death. But it is not expected to be accepted.

Subscribers only Business 08.03.2022

Nicolae Buzaianu pitches bitcoin venture in CAR

Swiss-Romanian businessman Nicolae Bogdan Buzaianu, who is energetically courting officials in the Central African Republic, is looking beyond timber into generating cryptocurrency and setting up bitcoin mining centres in the country.

Subscribers only Commodity traders, Business 03.03.2022

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DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Cameroon

Battle over Nkamouna-Mada cobalt

New MD of Castel's SABC has his work cut out for him

Perenco poised to take over New Age's 'cursed' Etinde block

"Congo Hold-up" : France's financial prosecution service has begun investigating the BGFI

With Vilgrain ousted, Castel takes a firmer hold of SOMDIAA

Business airlines hit jackpot with AU summit in Malabo

In Yaoundé, politicians are heading into revivalist churches to further preach their message

World Bank to launch new $538m infrastructure project in north despite past failures

Bolloré employees worried about their future after MSC acquisition

Spotlight
Macron reacts to military rapprochement with Moscow

Ailing Biya visited by his French doctor

Government draws on industry stocks to supply petrol stations amid fuel shortage

Bolloré still on hand to supply French army from Libreville to N'Djamena

Decline in Paul Biya's health strikes alarm amongst inner circle

French company Louis Berger takes Yaoundé to court for unpaid bills

In iron ore conflict, Australian Supreme Court allows Sundance access to ex-partner's files

Canadian Magil has many construction hurdles to overcome

Inner circles
The team helping Samuel Eto'o save his seat at FECAFOOT

Ambassadors remain in limbo in Yaounde

Ngoh Ngoh broadens his offensive on economy and finance ministries

Israeli securocrat Eran Moas behind Augentic-IN Group's push for ID cards

Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

CEMAC struggles to draw up its 2022 spending programme

Castel management in limbo after truck accident death

Nicolae Buzaianu pitches bitcoin venture in CAR

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

DRC The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Gabon Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Cabo Delgado: a gas Eldorado and security nightmare

The Renaissance Dam – a national symbol but a regional quandary

West African cocoa cartel battles with the traders

Andry Rajoelina

African Development Bank

Paul Biya

Erik Prince

AFRICOM

Cameroon

Battle over Nkamouna-Mada cobalt

New MD of Castel's SABC has his work cut out for him

Perenco poised to take over New Age's 'cursed' Etinde block

"Congo Hold-up" : France's financial prosecution service has begun investigating the BGFI

With Vilgrain ousted, Castel takes a firmer hold of SOMDIAA

Business airlines hit jackpot with AU summit in Malabo

In Yaoundé, politicians are heading into revivalist churches to further preach their message

World Bank to launch new $538m infrastructure project in north despite past failures

Bolloré employees worried about their future after MSC acquisition

Spotlight Macron reacts to military rapprochement with Moscow

Ailing Biya visited by his French doctor

Government draws on industry stocks to supply petrol stations amid fuel shortage

Bolloré still on hand to supply French army from Libreville to N'Djamena

Decline in Paul Biya's health strikes alarm amongst inner circle

French company Louis Berger takes Yaoundé to court for unpaid bills

In iron ore conflict, Australian Supreme Court allows Sundance access to ex-partner's files

Canadian Magil has many construction hurdles to overcome

Inner circles The team helping Samuel Eto'o save his seat at FECAFOOT

Ambassadors remain in limbo in Yaounde

Ngoh Ngoh broadens his offensive on economy and finance ministries

Israeli securocrat Eran Moas behind Augentic-IN Group's push for ID cards

Why Trafigura has positioned itself on the Lobito-Kolwezi corridor

CEMAC struggles to draw up its 2022 spending programme

Castel management in limbo after truck accident death

Nicolae Buzaianu pitches bitcoin venture in CAR

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Spotlight
Macron reacts to military rapprochement with Moscow

Inner circles
The team helping Samuel Eto'o save his seat at FECAFOOT