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9, October 2024
Cameroon bonds drop as investors weigh political stability risk over Biya health 0
Cameroonian dollar bonds dropped for a third consecutive day as speculation about the health of the nation’s president raised concerns about a potential succession battle. The country’s debt ranked among the worst performers Wednesday in an index tracking frontier and emerging market sovereign bonds. President Paul Biya has been absent from public view since early […]
9, October 2024
Paul Biya: Why Cameroonians want him to die! 0
For some time now, news about Paul Biya’s death has been trending and most discussions among the country’s Diaspora focus on Paul Biya, a man who has ruled his country for almost 42 years. To gain a better understanding of how Cameroonians think about their president, the Cameroon Concord News Group North American editor, Alain […]
9, October 2024
Poverty Culture: Several Francophone political leaders urging Biya to run in 2025 0
Several political leaders have called on the president to seek a new mandate in the 2025 election, despite persistent concerns about his health. As with every presidential election in Cameroon, the calls for Paul Biya to run again—now 91 and facing many questions about his health—are multiplying. The leaders of the Cameroon People’s Democratic Movement […]
9, October 2024
Disgraced FECAFOOT boss and CPDM MP Vincent Onana dies 0
Vincent Onana, former president of the Cameroon Football Federation (Fecafoot), passed away on October 8, 2024, at his home in Yaoundé, according to a report by the national broadcaster CRTV. Born in the Lekié department in the Central Region, Onana was elected president of Fecafoot in 1996 during an extraordinary general assembly, after serving as […]
9, October 2024
“Biya has never been hospitalised in Paris,” says Cameroon’s ambassador to France 0
As rumours continue to circulate about the health of the Cameroonian president, Cameroon’s Paris-based diplomat André Magnus Ekoumou says Biya is in Geneva. For nearly a month, the health of Paul Biya, 91, has been the subject of widespread speculation, as the Cameroonian president has successively cancelled appearances at the United Nations General Assembly, the […]
8, October 2024
Biya is alive, can we see him? 0
The government in Yaoundé has said that rumours of all kinds circulating through conventional media and social networks about President Biya’s condition are pure fantasy. Biya has not been seen in public since attending a China-Africa forum in Beijing in early September. His failure to appear as scheduled at a summit in France last weekend […]
8, October 2024
CPDM government ministers offer reassurances on Biya’s health 0
Ministers Fame Ndongo and Gregoire Owona have reassured Cameroonians about the health of President Paul Biya, 91, and expressed anger at those who announced the demise of the ailing dictator, Cameroon Radio and Television reported on Tuesday after Prime Minister Dion Ngute reportedly cancelled the weekly cabinet meeting. Cameroon Concord News reported that President Paul […]
8, October 2024
Biya regime issues new bonds to cover CFA12bn repayment 0
On October 2, Cameroon successfully issued CFA10 billion in treasury bonds on the Beac public securities market. The results of this loan have not yet been disclosed. This issuance coincided with a scheduled repayment of CFA12 billion from the Cameroonian treasury, which was due on the same day. This repayment relates to a loan taken […]
8, October 2024
Yaoundé says CFA1.7 trillion in suspicious financial flows in Cameroon in 2023 0
Last year, CFA1,665.4 billion was recorded as suspicious financial flows in Cameroon. This figure represents an increase of 180% compared to the previous year, according to a report by the Anti-Graft Commission (Conac), which cited statistics from the National Financial Investigation Agency (ANIF). The result comes from analyzing 965 Suspicious Activity Reports (SARs) submitted to […]
9, October 2024
African Development Bank: Marie-Laure Akin-Olugbade named Senior Vice President 0
by soter • Africa, Breaking News, Business, Headline News
The African Development Bank Group (AfDB) has appointed Marie-Laure Akin-Olugbade, née Ndongo-Seh, as its new Senior Vice President, effective retroactively from October 4, 2024. A Cameroonian by origin, she previously served as the Acting Vice President for Regional Development, Integration, and Service Delivery at the AfDB since 2022. During her tenure, Akin-Olugbade played a key […]