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News

Business in Cameroon
businessincameroon.com > finance > 1409-16737-nofia-raises-capital-nearly-sevenfold-to-cfa8-2-billion-exits-regulatory-administration

Nofia Raises Capital Nearly Sevenfold to CFA8.2 Billion, Exits Regulatory Administration

8+ hour, 9+ min ago   (614+ words) Nouvelle Financière Africaine (Nofia SA) has exited provisional administration after a CFA7 billion capital increase strengthened its financial base and brought Cameroon Business and Trade (CBT) SA in as majority shareholder. The Douala-based microfinance institution announced on September 11, 2026, that the Central…...

Business in Cameroon
businessincameroon.com > agriculture > 1309-16735-cameroon-renews-cocoa-traceability-partnership-with-germany-s-cooko

Cameroon Renews Cocoa Traceability Partnership With Germany???s Cooko

19+ hour, 7+ min ago   (471+ words) ONCC did not publish the full agreement alongside the statement. It is therefore unclear whether it includes a budget, funding sources, interim deadlines or performance indicators. ONCC has also not published the number of producers and plots registered since 2021, the…...

Business in Cameroon
businessincameroon.com > public-management > 1309-16731-cameroon-dominates-cemac-preferential-trade-list-with-72-of-approved-products

Cameroon Dominates CEMAC Preferential Trade List With 72% of Approved Products

19+ hour, 32+ min ago   (551+ words) In May 2025, Cameroon had 1,208 approved products, according to the CEMAC Commission. The number has risen 9.9% in 16 months. The new approvals followed a May 2026 session of the Regional Committee on Origin in Douala. They cover products ranging from processed foods and…...

Business in Cameroon
businessincameroon.com > business-environment > 1009-16722-cemac-clears-120-cameroonian-products-for-preferential-trade

CEMAC Clears 120 Cameroonian Products for Preferential Trade

3+ day, 18+ hour ago   (499+ words) Fourteen Cameroonian companies have secured approval to market 120 additional products under the Central African Economic and Monetary Community’s preferential trade regime, expanding their access to the subregional market. Trade Minister Luc Magloire Mbarga Atangana handed over the approvals in Yaoundé…...

Business in Cameroon
businessincameroon.com > cooperation > 1009-16721-cameroon-presents-energy-sme-opportunities-to-egyptian-partners

Cameroon Presents Energy, SME Opportunities to Egyptian Partners

3+ day, 18+ hour ago   (558+ words) Egypt and Cameroon are exploring broader cooperation in energy, water and small business development as Yaoundé seeks financing, technology and expertise for projects ranging from hydropower and solar energy to start-up funding and leather processing. The discussions took place during…...

Business in Cameroon
businessincameroon.com > energy > 1009-16717-sonara-loses-final-uk-appeal-over-cfa42-8-billion-sahara-energy-claim

Sonara Loses Final UK Appeal Over CFA42.8 Billion Sahara Energy Claim

4+ day, 2+ hour ago   (806+ words) Cameroon’s state-owned refinery Sonara has lost its final attempt before the UK Supreme Court to challenge a $76.97 million claim, or about CFA42.8 billion, awarded to Sahara Energy Resource Ltd and Sahara Energy Resource DMCC. On June 29, 2026, the UK’s highest court refused…...

Business in Cameroon
businessincameroon.com > public-management > 0909-16710-cameroon-puts-disputed-djeuga-palace-site-up-for-auction-at-cfa5-5-billion

Cameroon Puts Disputed Djeuga Palace Site Up for Auction at CFA5.5 Billion

4+ day, 20+ hour ago   (625+ words) Cameroon has put the disputed property occupied by Société hôtelière Djeuga Palace in Douala up for auction, with bidding set to start at CFA5.5 billion on October 9, 2026. Cabinet Conseil Atou, acting on behalf of the Cameroonian state, scheduled the sale of…...

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businessincameroon.com > public-management > 0909-16711-cameroon-launches-cfaf-5-5bn-funding-round-for-1-000-youth-owned-businesses

Cameroon Launches CFAF 5.5bn Funding Round for 1,000 Youth-Owned Businesses

4+ day, 19+ hour ago   (439+ words) The Cameroonian government has opened applications for a CFAF 5.5 billion program targeting 1,000 young business owners in six cities, as part of efforts to support youth entrepreneurship, strengthen small and medium-sized enterprises and create jobs. Minister of the Economy, Planning and…...

Business in Cameroon
businessincameroon.com > taxation > 0909-16707-cameroon-s-phone-customs-reform-quadruples-revenue-in-five-months

Cameroon???s Phone Customs Reform Quadruples Revenue in Five Months

5+ day, 3+ hour ago   (478+ words) Cameroon collected more than CFA1.8 billion in customs duties and taxes on imported mobile phones between April 1 and early September 2026. This is more than four times the roughly CFA400 million collected over the comparable period a year earlier. The increase follows the…...

Business in Cameroon
businessincameroon.com > public-management > 0809-16698-cameroon-cuts-urban-land-survey-fees-48-but-costs-remain-nearly-four-times-2023-level

Cameroon Cuts Urban Land Survey Fees 48%, but Costs Remain Nearly Four Times 2023 Level

6+ day, 9+ hour ago   (688+ words) Cameroon has cut the regulated cost of surveying a three-hectare urban plot by 48.1% to CFA675,000 in 2026, partially reversing a steep increase that the government acknowledges had made land formalization prohibitively expensive for some applicants. The 2026 Finance Law reduced the fee for…...