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19, April 2024
CPDM Crime Syndicate repays CFA39.8bn debt with new borrowings 0
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency since the establishment of this market nearly 13 years ago, Cameroon used its usual borrowing strategy to make this repayment. To this end, two new issuances of fungible Treasury bills (BTA) were […]
18, April 2024
Kenya: Helicopter crash kills defense chief and nine senior officers 0
Kenya’s defence chief and nine other senior military officers died in a helicopter crash on Thursday, President William Ruto announced. “Today at 2:20 pm, our nation suffered a tragic air accident… I am deeply saddened to announce the passing on of General Francis Omondi Ogolla,” Ruto told reporters, adding that nine other officers were also […]
18, April 2024
Cocoa Farmer Household Income New Methodology: Any hope for African farmers? 0
The World Cocoa Foundation (WCF) on April 3, 2024, announced the launch of an important new methodology for measuring cocoa household income and living incomes. Led and funded by WCF and the German Federal Ministry for Economic Cooperation and Development (BMZ) in collaboration with the German Development Cooperation (GIZ) and the Swiss Platform for Sustainable […]
18, April 2024
4th Cameroon Investment Forum opens in Douala 0
The 4th edition of the Cameroon Investment Forum, a flagship biennial event that brings together high-level government officials, development partners, and various business stakeholders from around the world, opened on Wednesday in the commercial hub of Douala. Organized by the state-run Cameroon Investment Promotion Agency (CIPA), the forum aims to intensify the import substitution dynamic […]
18, April 2024
Cameroon doctors flee to Europe, North America for lucrative jobs 0
The state of health care in Cameroon is a source of growing concern, with thousands of doctors fleeing the central African country for lucrative jobs elsewhere, especially in Europe and North America, according to officials. The number of people, including doctors, acquiring passports and applying for visas has increased by 70 percent, officials say. In […]
16, April 2024
Dortmund sink Atletico to reach Champions League semi-finals 0
Borussia Dortmund fought back to beat Atletico Madrid 4-2 in their quarter-final second leg on Tuesday, securing a 5-4 aggregate victory and a first Champions League semi-final since 2013. Trailing 2-1 from the first leg, goals from Julian Brandt and Ian Maatsen had Dortmund 2-0 up at half-time. Visiting coach Diego Simeone made three changes […]
16, April 2024
US: Trump media group plans TV streaming platform 0
Donald Trump’s media group said Tuesday it will launch a streaming television platform, but its shares continued to tumble on Wall Street. The announcement came as 77-year-old former US president Trump sat through a second day of jury selection in his historic criminal trial. No other ex-president in US history has been hauled before a […]
15, April 2024
Cameroon is broken: Who can fix it? 0
Cameroonians are sick and tired of seeing their country in the spotlight for all the wrong reasons and they are all blaming the country’s long-serving and sit-tight president, Paul Biya, who has run the country’s economy aground and made corruption the hallmark of his 42-year-long presidency. Today, Cameroonians want to leave their country for greener […]
15, April 2024
Cameroonian beer and soft drinks exports soar by 73% and 46.6% in 2022 0
Cameroon’s brewing companies saw a significant boost in their beer exports in 2022. According to data from the National Statistics Agency (INS), exports surged by 73% over the period to 12,602 tons, bringing in a total of CFA5.7 billion. The previous year, beer exporters sold 7,285 tons of beer and collected CFA3 billion. Soft drink […]
20, April 2024
US agrees to withdraw troops from key drone base in Niger 0
by soter • Africa, Headline News, News
The United States agreed Friday to withdraw its more than 1,000 troops from Niger, officials said, upending its posture in West Africa where the country was home to a major drone base. The long-expected move effectively marks a new regional gain for Russia, which has ramped up its focus on Africa and backed military regimes […]