Africa Finance International

UNDP loans Cameroon $21m to strengthen SMEs’ resilience

The UNDP and Cameroon have inked a loan deal of $21 million earmarked to strengthen the resilience of Small and Medium Enterprises (SMEs) of the central African country in addressing impacts of the COVID-19 pandemic, Journal du Cameroun reports. The agreement signed between UNDP Chief in Cameroon Jean-Luc Stalon and Alamine Ousmane Mey, Minister of […]

Africa International

Cameroon govt admits its army’s role in civilian killings

Cameroon’s military has admitted that three members of its airborne battalion had earlier this week attacked civilians and killed two mothers in Nylbat, an English-speaking village in Andeck district. According to a statement by the military, the troops, who were dispatched to fight separatists in the troubled northwestern region, violated orders from military hierarchy and […]

Business Emerging Markets

Central African farmers warn of looming hunger as Russia’s war in Ukraine disrupts imports

Disruptions in food supplies caused by Russia’s war in Ukraine have deepened the struggles of millions of Africans to survive, more than 60 farmers’ associations from 11 Central African countries have warned. Calling on the region’s governments to help people cope with food shortages, the farmers say scarcity, high prices and a worsening economic situation […]

Business Emerging Markets

Central African states inked deal to create regional oil, gas pipeline network and hubs

Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy supply and reduce dependence on imports of refined products. The deal, inked on Thursday (8 September), aims to construct three multinational oil and gas pipeline systems of around 6,500 km, […]

Comments Community Headlines

Sahel emergency: the world’s most neglected and conflict-ridden region

Africa’s volatile Sahel region risks becoming a forgotten crisis because of the many competing emergencies around the world, a senior United Nations official has warned. The head of the regional office for West and Central Africa for the Office of the Coordination of Humanitarian Affairs, Charles Bernimolin, noted that millions of people in six Sahel […]

Africa International

Cameroon, Chad truckers protest dangerous roads, govt ban on heavy-duty trucks

Hundreds of truckers have stopped working on Cameroon’s border with Chad to protest a ban on heavy trucking into Chad, which depends on Cameroon for 80% of its imported goods. Drivers transporting food and humanitarian assistance slammed what they call Cameroon’s refusal to repair the highly dilapidated road linking northern Cameroon and Chad. The strategically […]

Business Emerging Markets

Google’s Black Founders Fund to empower female entrepreneurs in Africa

Unlike in 2021, this year, Google is funding an equal number of men and women-founded startups through its Black Founders Fund, which embodies the tech giant’s commitment to invest in Black entrepreneurs in Africa. Google started its Black Founders Fund following the wave of concern in 2020 after the George Floyd protests in the US […]

Africa International

Gabon settles debt to Pan-African TV TeleSud

The Gabonese government led by President Ali Bongo has paid 650,000 euros, the last portion of debt it owes to TeleSud, a Pan-African media that it had tasked to do its branding, reports say. French media Africa Intelligence Wednesday revealed that Libreville has squared its total debt to the television owned by Cameroonian business tycoon […]

Africa International

Cameroon, Nigeria to reopen border markets and schools in Boko Haram-free areas

Markets will be re-opened and schools re-built along the shared border between Cameroon and Nigeria after the area was declared free of Boko Haram militants — this is the latest plan presented by governors from both countries. Governor of Nigeria’s Borno state, Babagana Umara Zulum, on Thursday (25 August) said President Muhammadu Buhari instructed governors […]

Energy

Cameroon seals 30 mining sites after scores of miners, incl. children, died

Cameroon has sealed at least 30 gold mines, including some owned by Chinese companies, after more than 33 young miners died in landslides this month and scores more were declared missing. On Monday (22 August), the local government deployed several hundred troops to seal at least 30 gold mines in Kambele, a village in Batouri […]