Standard Chartered Bank Cameroon closes retail segment to focus …
WEBJul 5, 2021 · (Business in Cameroon) - Standard Chartered Bank Cameroon recently announced that it is closing its retail segment in Cameroon. The operation started on June 30, 2021, with the closure of retail bank accounts and …
News - Business in Cameroon
WEBCameroon Sees 19% Boost in Investments for 2023, But Production Equipment Still Declines. Businesses in Cameroon increased their investments by 19% in 2023, according to a report released on September 10 by the National Institute of …
Cameroon: Iron processing plant Prometal 4 to be ... - Business in …
WEBSep 14, 2021 · So, by October 2021, Prometal 4 will be ready. It is the result of about XAF40 billion investment made by Prometal, leader of the Cameroonian metal market. Its construction works were launched in late 2018 and lasted three years. Once commissioned, it will boost the country’s production capacity from 200,000 tons to 300,000 tons yearly ...
Cameroon officially takes over 54% stake in Union Bank of …
WEBNov 24, 2021 · Cameroon officially takes over 54% stake in Union Bank of Cameroon. (Business in Cameroon) - On November 23, 2021, the Union Bank of Cameroon (UBC) issued a release announcing the finalization of a stake acquisition process started by the Cameroonian government earlier this year. " An extraordinary General Shareholders’ Meeting was held on ...
Cameroon initiates talks with Actis for Eneo stake acquisition
WEBComments - Thursday, 23 November 2023 18:20. (Business in Cameroon) - Cameroon has announced the forthcoming opening of formal negotiations with Actis for the acquisition of the British investment fund's 51% stake in Energy of Cameroon (Eneo), the country's public electricity supplier. This information was disclosed by Finance Minister Louis ...
Oil Products: Cameroon to boost SCDP’s storage ... - Business in …
WEBDec 14, 2021 · In 2022, Cameroon will continue with the construction of oil storage infrastructure to guarantee supply in the country. On November 26, 2021, while
Viettel Cameroon is now Nexttel - Business in Cameroon
WEBAug 18, 2014 · (Business in Cameroon) - On August 7, as has been done for a year now, the daily papers and some weeklies in Cameroon ran the story on page 4 announcing that Viettel Cameroon, the third largest cellular service provider, will “soon be operational”. Only the daily paper, Le Jour, published the same news …
Cameroon: ENEO’s cashflow problems force energy rationing in …
WEBSep 27, 2021 · On September 26, electric utility ENEO resumed with energy rationing in the three northern regions of Cameroon, an official release informs.
Cameroon: Food industry expanded from 764 to ... - Business in …
WEBApr 1, 2019 · Over the past decade, the Cameroonian food industry welcomed about 1,800 new companies since the number grew from 764 to 2,564 in the 10-year period.
Tag: Small and Medium sized Enterprises - Business in Cameroon
WEBOct 24, 2013 · The African Guarantee Fund for Small and Medium sized Enterprises (AGF) has signed a protocol agreement worth USD 100 million with the GICAM and a consortium of banks (SGBC, BICEC, Afriland First Bank, Ecobank, BGFI) to set up a pilot project for financing and supporting Small and Medium sized Enterprises (SMEs) in Cameroon. According to a news ...