economic development

The Ministry of Trade in Cameroon supports the AEDIC association

The Cameroonian Ministry of Commerce has decided to support the AEDIC association with all government institutions interested in the progress and development of economic and cultural relations between Cameroon and Italy. On 28 May 2019, the Cameroonian Ministry of Trade after a close meeting with the ...

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Cameroon will present a project to the World Bank to bring electricity to 687 localities

Investing in Cameroon - By December 2018, the government of Cameroon aims to present to the World Bank Board of Directors, for funding, a project to electrify 687 localities in the country, through the construction and rehabilitation of lines. According to information revealed on this ...

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Africa Cup of Nations Piccini changes top job in Cameroon

La Piccini appoints a new project manager for the construction of the Olembe sports complex, replacing Belgian Marc Debandt, who has resigned

Piccini Group appoints a new project manager at the Olembe sports complex, replacing Belgian Marc Debandt, who resignedThe Italian Piccini Group announced that Frenchman Benoît Fabre has been appointed project manager for the construction of the Olembe sports complex, replacing Belgian Marc Debandt, who resigned. The new project manager was appointed on 17 February 2018, 24 hours after the resignation of the Belgian.

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Cameroon - Elections 7 October and the Anglophone Crisis

The Catholic Church has proposed in an episcopal letter to the "people of God who are in Cameroon, to all Cameroonians", to vote in the next elections, "candidates capable of dealing with the socio-political crisis" that Cameroon is going through. In the same letter from which VOA Africa obtained ...

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Cameroon The Nachtigal dam will save $ 100 million a year in electricity

Investing in Cameroon - The World Bank has high hopes for the ongoing construction project of the Nachtigal Dam (420 MW) in Cameroon.

besix wins contract to build hydroelectric power plant in cameroon investIn a note published on 19 July, the financial institution, the financier of the hydroelectric project, explains:

"When operational, the Nachtigal dam will save the country $ 100 million per year in production costs.

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Since 2014, Cameroon has granted tax and customs exemptions to 157 projects

Investing in Cameroon - Since 2014, Cameroon has granted tax and customs exemptions to 157 projects with a total investment of FCFA 3 424 billion

nestle cameroonThe April 2013 law on incentives for private investment in the Republic of Cameroon, has already resulted in the signing of 157 agreements between the State of Cameroon and various promoters of investment projects in the country, reveals the Investment Promotion Agency (API). country, reveals the Investment Promotion Agency (API).

The total investments expected from the various agreements signed since 2014 are estimated at 3,424 billion CFA francs, with 55,000 direct jobs to be created, says the same source.

Recall that this law is intended to entice investors, it grants companies tax exemptions ranging from 5 to 10 years, both during installation and production.

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Cameroon Mobile Money MTN increases revenues by 404%

Investing in Cameroon - Mobile operator MTN Cameroon Mobile Money in this first half of 2018 seems to be one of the best telecommunications companies in Cameroon. An analysis of the South African group MTN International's financial statements reveals that the number of active customers on its subsidiary Mobile Money service ...

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italiacamerun Aedic association

A.E.D.I.C.
Cameroon - Yaounde
Italy - Gorizia

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