Cameroon Targets 460,000 Tons of Rice by 2027, Still Short of …
Oct 18, 2024 · Cameroon aims to boost its rice production from 140,710 tons to 460,000 tons by 2027. This ambitious plan, which seeks to nearly triple production in
Cameroon Projects Budget, Economic Growth, and Inflation for 2025
Dec 2, 2024 · Cameroon's Prime Minister, Joseph Dion Nguté, presented yesterday the government’s economic, financial, social, and cultural program for FY2025 to
Cameroon Plans 16% Increase in Public Investment Spending for …
Dec 3, 2024 · The Cameroonian government has proposed a public investment budget of CFA1.8631 trillion for 2025, according to its draft finance law. This
Cameroon Unveils CFA13bn Credit Line for Post-COVID SME Boost
Sep 17, 2024 · (Business in Cameroon) - The Cameroonian government signed an agency agreement yesterday in Yaoundé with Afriland First Bank. They plan to launch a new credit line of $22.2 million, or over CFA13 billion to support the post-COVID recovery of local SMEs. Alamine Ousmane Mey, the Minister of Economy, Planning, and Regional Development, and Célestin Guela Simo, the CEO of Afriland First Bank ...
MTN Cameroon to Invest CFA62bn in 2025 After Paying CFA155bn …
Dec 16, 2024 · MTN Cameroon, the telecommunications company, announced that it paid CFA155 billion to the state in taxes, fees, and other payments between January
IFC to Boost Cameroonian SMEs with $60mln Loan to Afriland First …
Dec 19, 2024 · (Business in Cameroon) - On December 27, the board of the International Finance Corporation (IFC), a branch of the World Bank focused on financing the private sector in emerging countries, will discuss a major loan to Afriland First Bank, one of Cameroon’s leading banks, led by billionaire Paul Kammogne Fokam. According to local authorities, the loan, which could reach $60 million (about CFA ...
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Non-Professional Taxpayers Have Until December 9 to File Taxes
On December 2, 2024, Finance Minister Louis Paul Motaze announced that non-professional taxpayers now have until December 9, 2024, to declare and pay
Cameroon to Boost Private Sector Subsidies by 68% in 2025, Slash …
Dec 2, 2024 · (Business in Cameroon) - The Cameroonian government has proposed a 2025 Finance Bill with over CFA14 billion in subsidies for businesses and other entities. This marks a CFA1 billion increase compared to the 2024 budget. However, the government plans to prioritize private companies in this new allocation. If the bill is passed, CFA7.6 billion will be allocated to private businesses. That is 68 ...
Cameroon Plans CFA600bn in Domestic Borrowing for 2025
Dec 5, 2024 · The 2025 finance bill, currently under review by the National Assembly, estimates Cameroon’s state financing needs for 2025 at CFA1,795 billion. To