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News
Nofia Raises Capital Nearly Sevenfold to CFA8.2 Billion, Exits Regulatory Administration
14+ hour, 20+ min ago (614+ words) Nouvelle Financière Africaine (Nofia SA) has exited provisional administration after a CFA7 billion capital increase strengthened its financial base and brought Cameroon Business and Trade (CBT) SA in as majority shareholder. The Douala-based microfinance institution announced on September 11, 2026, that the Central…...
Cameroon Renews Cocoa Traceability Partnership With Germany???s Cooko
1+ day, 1+ hour ago (471+ words) ONCC did not publish the full agreement alongside the statement. It is therefore unclear whether it includes a budget, funding sources, interim deadlines or performance indicators. ONCC has also not published the number of producers and plots registered since 2021, the…...
CEMAC Clears 120 Cameroonian Products for Preferential Trade
4+ day, 39+ min ago (499+ words) Fourteen Cameroonian companies have secured approval to market 120 additional products under the Central African Economic and Monetary Community’s preferential trade regime, expanding their access to the subregional market. Trade Minister Luc Magloire Mbarga Atangana handed over the approvals in Yaoundé…...
Sonara Loses Final UK Appeal Over CFA42.8 Billion Sahara Energy Claim
4+ day, 8+ hour ago (806+ words) Cameroon’s state-owned refinery Sonara has lost its final attempt before the UK Supreme Court to challenge a $76.97 million claim, or about CFA42.8 billion, awarded to Sahara Energy Resource Ltd and Sahara Energy Resource DMCC. On June 29, 2026, the UK’s highest court refused…...
NuRAN???s African Telecom Rollout Faces Funding Pressure After 80% Cash Drop
1+ week, 10+ hour ago (700+ words) Canadian telecom infrastructure company NuRAN Wireless ended the second quarter of 2026 with just C$388,724 in cash, about CFA159 million, an 80% drop in three months that underscores the financing pressure behind its rural mobile network deployments in Cameroon and other African markets....
A2MP Challenges Canyon???s $299 Billion CFA Valuation Over Minim-Martap
1+ week, 5+ day ago (972+ words) The dispute centers largely on the Minim-Martap bauxite mine, Canyon’s main asset in Cameroon. Based on its assessment, BDO considers A2MP’s offer “neither fair nor reasonable.” Nearly 96% of Canyon’s valuation lies outside the production scenario Of the A$737.1 million, nearly…...
Minim-Martap Takeover Battle Exposes a Wide Gap Between Bauxite Potential and Funding Reality
1+ week, 6+ day ago (1621+ words) BDO Corporate Finance Australia, appointed by Canyon’s independent board committee, put its preferred value at A$0.32 per share, about CFA130, compared with A2MP’s offer of A$0.05, or roughly CFA20. In Canyon’s formal response to the offer, published August 31, 2026, BDO concluded that the bid…...
Camalco Injects CFA9.85 Billion Into Camrail, Nearly Triples Stake Ahead of Future Bauxite Traffic
2+ week, 5+ day ago (1003+ words) Camalco has injected CFA9.85 billion in cash into Camrail, nearly tripling its stake in the railway operator and giving the company behind the Minim-Martap bauxite project a larger interest in the transport network expected to carry its future mineral exports. The…...
Minim-Martap Bauxite Project Faces Fresh Uncertainty as Canyon Takeover Fight Reaches Australian Regulator
2+ week, 5+ day ago (839+ words) The fight for control of Canyon Resources, the Australian company developing Cameroon’s Minim-Martap bauxite deposit through its Camalco subsidiary, has moved into Australia’s takeover dispute system, adding another layer of uncertainty around a project already facing a funding setback. Australia’s…...
Oil Drives Cameroon Factory-Gate Prices Up 1.4% in Early 2026
2+ week, 5+ day ago (677+ words) Industrial producer prices in Cameroon rose 1.4% in the first quarter of 2026 from the previous three months, driven largely by higher oil prices. The increase points to renewed cost pressures at the factory gate, although it does not necessarily mean higher…...