Cameroon’s Strategic tax Exemptions: Boosting Accessibility and Economic Growth Every year, the Cameroonian government forgoes a staggering 259.2 billion FCFA in tax exemptions, a strategic move aimed at making essential products like rice, fish, and wheat more accessible to the majority of its population. According to the directorate General of Taxes (DGI), this approach … Read more
Cameroon Pioneers Climate Awareness Budget in 2025, Allocating 225.3 billion FCFA to Tackle Climate Challenges In a groundbreaking move, Cameroon is set to integrate a Climate Awareness Budget (BSC) into its financial law for the first time in 2025. This innovative approach will allocate 225.3 billion FCFA, representing 12.13% of the Public Investment Budget (BIP),to … Read more
IFC and Afriland First Bank Partner to Boost SME Financing in Cameroon, with a Focus on Women entrepreneurs In a landmark move to bolster economic growth in Cameroon, the International Finance Corporation (IFC), the private sector arm of the World Bank Group, has granted a 37.5 billion FCFA loan to Afriland First Bank. Announced on … Read more
Central African Economic Crisis Prompts Urgent Summit in Yaoundé Table of Contents Central African Economic Crisis Prompts Urgent Summit in Yaoundé The CFA Franc: A Looming Question CEMAC Leaders Grapple with looming Economic Crisis A Brewing Storm: Understanding CEMAC’s Economic Vulnerabilities Deja Vu: Echoes of the 2016 Crisis The CFA Franc: Under Pressure? Charting a … Read more
Cameroon’s Yaoundé-Douala Highway: A Costly Undertaking? Table of Contents Cameroon’s Yaoundé-Douala Highway: A Costly Undertaking? Cameroon’s Yaoundé-Douala Highway: A Costly Undertaking? Conflicting Cost Estimates Contractual Arrangements and funding justification for Costs Conclusion The expansion of the Yaoundé-Douala highway, a crucial artery connecting Cameroon’s two largest cities, is shrouded in cost uncertainty. While the Ministry … Read more