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Cacao 2019-2020 starts in Cameroon with prices above 1000 FCFA per kg

(Invest in Cameroon) - At the official start of the 2019-2020 cocoa season in Cameroon on 13 August 2019 in Sangmélima (Southern Region), producer prices stabilised between 1010 CFAF and 1050 per kilogramme. These prices revealed by System Information (SIF) scores are ...

50 products that will soon be banned from importation into Cameroon including paints, cosmetics, agri-food products ...

Video source: https://www.africanews.com

Investing in Cameroon - The Ministry of Commerce (Mincommerce) informs that 50 products may soon be suspended imported into Cameroon. Without specifying details or deadlines for the implementation of this measure, the Ministry of Trade nevertheless indicates that no less than 12 sectors are affected, due to the surplus nature of local production.

These areas include:

varnishes,
metallurgy,
cement,
industrial packaging,
cosmetics,
agribusiness,
vegetable oils,
palm oil derivatives and the brewing industry.

" L' exhaustive list below " , says the Ministry.

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DEVELOPMENT IN AFRICA: Over twenty African presidents in Japan at the opening of the 7th TICAD

TICAD-Japan INVESTING IN AFRICA: Over twenty African leaders are participating in the 7th Summit of the International Conference for African Development ( TICAD ) in Tokyo, which kicked off today (28 August) in Japan.

TICAD yes is held in Japan with the exception of TICADVI held in Africa. TICAD7 takes place in Yokohama, Japan.The event ended on Friday 30 August 2019.

African leaders in Japan include:

Faustin Archange Touadera, Central African Republic
Azali Assoumani, Comoros
Danny Faure, Seychelles
Alpha Conde, Guinea
Patrice Talon, Benin
Julius Maada Bio, Sierra Leone
Andry Rajoelina, Madagascar
Ismail Omar Guelleh, Djibouti
Joao Lourenco, Angola
Hage Geingob, Namibia
George Weah, Liberia
Felix Tshisekedi, Democratic Republic of Congo
Uhuru Kenyatta, Kenya
Yoweri Museveni, Uganda
Abdul Fatten Al-Sisi, Egypt and current chairman of the African Union
Paul Kagame, Rwanda
Mohamed Abdullahi Farmajo, Somalia
Emmerson Mnangagwa, Zimbabwe
Faure Gnassingbe, Togo
Mahamadou Issoufou, Niger
Nana Addo Dankwa Akufo-Addo, Ghana
Muhammadu Buhari, Nigeria
Cyril Ramaphosa, South Africa
Ibrahim Boubakar Keita, Mali
Edgar Lungu, Zambia
Macky Sall, Senegal

Delegation leaders who are not presidents include:

Thomas Thabane, Prime Minister of Lesotho
Everton Herbert Chimulirenji, Vice-President of Malawi
Isatou Touray, Vice-President of The Gambia
Amadou Gon Coulibaly, Prime Minister of Côte d'Ivoire
Osman Saleh, Foreign Minister if Eritrea
Abiy Ahmed, Prime Minister of Ethiopia

On Tuesday 27 August, the ICTAD7 ministerial preparatory meeting was held in Yokohama, and Mr Taro Kono, Minister of Foreign Affairs of Japan, attended the meeting as co-chair and rallied support for a successful summit.

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Cardinal Tumi advocates a return to federalism as a solution to the English-speaking crisis

Cardinal Christian Tumi, Archbishop Emeritus of the Douala Metropolitan Archdiocese, former editor of the weekly L'Effort Cameroon founder, in 2003, of Radio Veritas, calls for a federal system to end the crisis that is shaking the north-west and south-west regions of Cameroon.

former editor of the weekly L'Effort Cameroon , founder of Radio Veritas in 2003.

The main organiser of the English General Conference, CGA, told the Catholic news site Crux Now that, in the face of the deepening crisis, the reintroduction of a federal form of government can keep united Cameroon .

"At reunification, I was 32 years old. I opted for federalism, and it is in my blood," said Tumi. The corporate demands of lawyers and teachers turned into fighting between government forces and gunmen. The situation killed at least 2,000 people, according to human rights groups.

The government estimates that approximately 152,000 people were displaced by hostilities and that no less than 104,000 have received government assistance .

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Yaoundé: City security police inaugurate new command centre for video surveillance

The inauguration ceremony of this monitoring centre took place on 22 August 2019 in the Etoudi district of Yaoundé.

Security in the capital Yaoundé will be strengthened thanks to the new surveillance centre to be inaugurated today. Christian Ndoua Zé, Head of the Communications Division at the General Delegation for National Security (Dgsn), indicates that with this centre, the capital's CCTV system will increase from 70 control cameras at its launch, to almost 2,000 at present. The infrastructure in the administrative district was equipped with electric generators. This means that it has guaranteed autonomy and can provide the service for which it was built without any problems.

It should be noted that with this new video surveillance command centre, the Cameroonian police are entering a new phase of protecting the territory from crime, protecting the national territory and in particular the city of Yaoundé.

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AFRICA BDEAC will buy shares in Afreximbank

(Invest in Africa) - Cameroon's Minister of Finance (Minfi), Louis Paul Motaze, chaired the board of the Central African States Development Bank (BDEAC) in Congo-Brazzaville on 9 August. During this meeting, we learn, the board approved the proposed participation of the BDEAC ...

AFRICA - CEMAC EXCHANGE - World Bank provides assistance for its implementation

World Bank provides assistance in second phase of Cemac (Invest in Cameroon) - The Bank of Central African States (Beac) reports that the second phase of the unification project for the CEMAC stock exchange has already begun. This is being done through a mission of the ...

Doing Business in Africa - Cameroon: cocoa exports up 4.2%

Cameroon exported 264,253 tonnes of cocoa for 2018-19, an increase of 4.2% (Invest in Cameroon) - The Minister of Trade (Incense Trade), Luc Magloire Mbarga Atangana, on 13 August launched the solemn launch of the 2019-2020 cocoa season in Sangmelima, ...

Cameroon: IFC will increase financial support to SMEs in the agriculture and agro-industry segment

The International Finance Corporation (IFC) will increase its financial support to Cameroon's SMEs and small and medium industries operating in the agricultural and agribusiness sectors. This was revealed by Sergio Pimenta, IFC vice-president for the Middle East and Africa, on 12 July 2019, at the end of a ...

Cameroon: Ecobank to invest XAF 25 billion in 3-year emergency plan

Business in Cameroon - Célestine Ketcha Courtès, Cameroon's Minister of Urban Development, presided over the relaunch of road works that are part of the three-year emergency plan. During the ceremony on 26 June 2019, in Yaoundé, the official indicated that President Paul Biya renewed the agreement ...