News
Camair-Co Remains in the Red Despite CFA6. 85 Billion in State Support
5+ hour, 7+ min ago (671+ words) Camair-Co remained loss-making in 2025 despite higher revenue and increased government support. According to the airline's 2025 financial statements reviewed by Investir au Cameroun, the state-owned carrier posted a net loss of CFA4. 65 billion, down from CFA5. 49 billion in 2024. Although the deficit narrowed by…...
Wave Targets CEMAC's Largest Mobile Money Market Through CBC Partnership
1+ hour, 29+ min ago (679+ words) Entering the Market Through CBC Wave's outreach follows a key regulatory milestone. On June 11, 2025, COBAC authorized Commercial Bank Cameroun to offer the Wave payment service to its customers through a partnership with Wave Transfer S. A. The distinction is important because Wave…...
Certified Banana Exports Reach 73% of Cameroon Total Under Five-Year Program
1+ hour, 45+ min ago (379+ words) The report estimates that certified cocoa now accounts for 42 percent of national production. The program combined ecological restoration with support for market access and focused on three regions: the Grand Mbam area of the Centre Region, the Western Highlands of…...
Camtel Posts Higher Profit in 2025, but Service Quality Remains a Major Challenge
1+ day, 5+ hour ago (802+ words) Cameroon Telecommunications (Camtel) continued to improve its financial performance in 2025, posting higher revenue and profit as the state-owned telecom operator extended a recovery that has been underway for several years. Speaking at the National Management Days in Douala, CEO Judith…...
Coris Creates Cameroon Banking Subsidiary Ahead of Market Entry
1+ day, 2+ hour ago (853+ words) Coris Bank International has taken another step toward entering the Cameroonian banking market after incorporating its local subsidiary, Coris Bank International Cameroun (CBI CM). According to a legal notice reviewed by Investir au Cameroun, the new company has been established as…...
Gold Flows From Colomine, but Sonamines Is Still Waiting on Bidzar Marble Revenue
1+ day, 4+ hour ago (570+ words) Cameroon's National Mining Corporation (Sonamines) collected 1, 205. 58 grams of gold in 2025 as the state's share of production from the Colomine gold mine in the East Region, according to the company's 2025 financial statements. The volume represents the government's 5% production share from the…...
Socadel Opens First Funding Round to Rebuild Cameroon's Electricity Network
1+ day, 11+ hour ago (967+ words) Cameroon's state-owned electricity utility Socadel has appointed General Bank of Cameroon, formerly Soci't' G'n'rale Cameroun, to structure a CFA60 billion fundraising on the local banking market to finance priority investments in the country's electricity network. According to a July 1 information notice,…...
U. S. Hands Over CFA6 Billion Mobile Field Hospitals to Enhance Emergency Healthcare Capacity
1+ day, 6+ hour ago (543+ words) Speaking at the ceremony, the United States Interim Charg" d'Affaires in Cameroon, John G. Robinson, described the donation as a practical demonstration of bilateral cooperation in health security. "At the end of several weeks of intensive training at Air Base 101, your…...
Cameroon Signs CFA20. 5 Billion in New Investment Agreements
1+ day, 6+ hour ago (656+ words) The Investment Promotion Agency, IPA, has signed four investment agreements and two amendments with companies operating in strategic sectors of Cameroon's economy. According to information made public by the agency, the combined agreements have mobilized CFA20. 525 billion in planned investments and…...
Cameroon Pays Nearly a billion to Communities Affected by Bini a Warak Dam After Decade-Long Wait
1+ day, 11+ hour ago (479+ words) Residents of 19 villages in Ngan-Ha subdivision, in Cameroon's Adamawa Region, have received a total of CFA985 million in compensation for property losses linked to the Bini a Warak dam project, nearly a decade after those affected were identified. The payments were…...