NAIROBI (Reuters) – The World Bank and the African Development Bank will together commit more than $47 billion by 2025 to help African countries tackle the effects of climate change, the banks said on Thursday.
Yaounde (National Times) – Mobile Telecommunication giant MTN’s Cameroonian subsidiary has reported a fall in revenue due to what the company attributes to the ongoing Anglophone crisis.
Yaounde (National Times) – Tax authorities from Morocco and Cameroon have launched a new Tax Inspectors without Borders (TWIB) initiative that will allow Moroccan tax officials to train their Cameroonian counterparts on how to trace and better tax multinational firms.
Yaoundé (National Times)-Trade Minister, Luc Magloire Mbarga Atangana, has asked brewery companies in Cameroon to reverse their decision to increase prices of brewery products, which came into effect this month.
A Singapore-flagged oil tanker, which was reported to have been seized by private militiamen in Cameroon last week in an apparent commercial dispute, has been released.
National Times – China’s Tech Giant Xiaomi and Nigeria’s online platform leader Jumia have entered into a partnership that will see the Nigeria’ online marketer sell millions of its phones to the African market.
Douala (National Times) – Cameroon has recorded a moderate decline in its banana production for the months of February 2018/2019 period notwithstanding the shutdown of operations at its key banana producer Cameroon Development Corporation.
National Times – She sat on an old wangle and rusted chair. Five nails had popped out of the wooden chair. Beaten by rain from the previous two weeks, and exposed to air, like all metals when exposed to air and water, the long frail nails used to cramp the roughed-sawed legs of the chairs had been gripped by rust.
Yaoundé(National Times)-As Ambazonia separatists pushed forward their claim for a separate State from Cameroon, the Government has responded with the first ever National Forum for Decentralisation, which it believes will resolve the on-going conflict in the North West and South West Regions of the country.
This downward spiral for the last ten months has been blamed on the inability of the Cameroon Development Corporation (CDC) workers to work in the plantations owing to attacks. CDC workers have suffered repeated attacks and threats from unknown gunmen.
Cameroon(National Times)-In its latest Global Corruption Perception Index, the Anti-corruption Watchdog, Transparency International (TI) says Cameroon is one of the most corrupt countries in the world with its level of corruption more than that of Nigeria and Ghana put together.