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Investisseurs & Partenaires Launches I & P Conseil, '' LAB '' for the Emergence of African SMEs

With 15 years of experience in financing and supporting African entrepreneurs on a daily basis, Investisseurs & Partenaires (I & P) is developing an advisory service to help improve the business environment and the ecosystem of SMEs in Africa and to promote the African entrepreneurial reality.

 

Cameroon’s GDP: CEMAC Forecasts Drop To 3.8 Per Cent

The outfit has recommended gradual, orderly and sustainable budget readjustment in order for Cameroon to achieve a 4.2 per cent growth rate in 2018.

The Multilateral Surveillance Mission of the Central African Economic and Monetary Community (CEMAC) has rounded off an eleven-day bi-annual evaluation visit to Cameroon. 

 

Cameroonian Oil Distribution Company Tradex’s Market Share Increase from 16% in 2012 to 19% in 2016

The Ministry of Water and Energy has just released statistics for 2016 consumptions which show that the Cameroonian company Tradex holds 19% of the national market share against 16% in 2012.

Tradex becomes the second top national oil distribution company behind the French company Total Cameroun, partner of the Cameroonian company of oil deposits (Société Camerounaise des Dépôts Pétroliers) (18%), and of the Cameroonian equatorial company of lubricants manufacture (20%), 

 

Cameroon Halves Cocoa Export Levy amid Price Slump

 

Cameroon has halved its levy on cocoa exports to boost revenues for farmers and exporters hit by a dive in global prices over the past year, the trade minister told Reuters.

Bumper crops around the world have sent prices lower this season and in some parts of Cameroon the price that farmers receive has halved. A prolonged dry season has also impacted the quality of some beans, farmers have said.

 

A Sector Investors Should Eye

It is certainly not normal in the 21st century for any agricultural productive sector to continue to hinge of on traditional methods of production. The reason is simple. A plethora of technological innovations have been building up in all sectors of the world’s economy and fast economies are taking advantage of that. This wave of innovation has not been able to traverse the cotton production and processing sector among Africa’s producing countries. Officials of cotton production companies and experts in the sector have not been at ease with the prevailing situation.

 

Cameroon: EPA Phase II Launched

Phase II of the Bilateral Economic Partnership Agreement (EPA) between Cameroon and the European Union (EU) was launched on Thursday 4 August 2017.

One year ago, in the first phase, a decrease of 25% occurred on a list of 1700 products of the first group. Phase II targets 920 semi-industrial products and stipulates a 50% reduction in customs duties. The direct loss of revenue on customs revenues will be offset by the training effect induced by the agreement, the customs director explained.

 

Société Générale, Afriland and EDC in Line to Arrange Bond Issue of XAF 130 Billion for State of Cameroon

The Cameroonian government is preparing itself to launch the 5th bond issuance in its history, since the initial public offering launched in the country in December 2011. According to a source close to the dossier, a consortium composed of the Cameroonian bank Afriland First Bank, the local subsidiary of the French group Société Générale, as well as EDC, affiliate of the Ecobank group specialised in investment; is ready to arrange this operation to raise funds for the Cameroonian government.

 

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