In its mission to increase its industrial appetite, Cadyst Consumer Group, controlled by Cameroonian businessman Célestin Tawamba, is preparing to inaugurate a flour mill for its subsidiary La Pasta SA in the city of Kribi. Thus, the holding company has been in negotiations since 2022 with the top management of...
Subject to prior approval from the Central African Banking Commission (Cobac), Ecobank Cameroon shareholders, meeting at their Ordinary General Meeting on March 28, 2025 in Douala, unanimously voted to pay a total gross dividend of FCFA 18.9 billion for the financial year ending December 31, 2024, representing a gross dividend of FCFA...
The International Monetary Fund (IMF) and the Cameroonian authorities have reached a staff-level agreement on the seventh reviews of the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF), as well as the second review of the Resilience and Sustainability Facility (RSF). The ECF/EFF arrangements were approved by the...
LOS ANGELES (AP) — Easing winds delivered a brief but much-needed reprieve to firefighters Tuesday as they battled two massive blazes burning in the Los Angeles area, and the National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day. Forecasters said the winds were...
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