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Exports: Bright spell for Cameroon timber

Cameroonian exports of mahogany to Canada have more than tripled by the end of October 2017. This is revealed in a sectoral report of the International Tropical Timber Organization (ITTO).

The increase of exports of this variety of wood which is very popular in Africa is consecutive to the increase in shipments from many producing countries, those of Cameroon and Brazil mainly, the same source stresses.

In the United States, it is the imports of Sapelli, another... Read more

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Intra-African trade:Continental Free Trade Area established

Forty-four African countries, including Cameroon, signed the agreement establishing a Continental Free Trade Area in Africa (CFTA) on 21 March 2018 in Kigali, Rwanda. This area is considered vital to Africa's economic development as it will foster increased intra-African trade. This Framework Agreement dates back to the 18th session of the African Union (AU) that held in January 2012 in Addis Ababa, Ethiopia. The CFTA is one of the key projects highlighted by the AU in its Agenda 2063. It... Read more

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Oku Honey: High demand

According to internationally consolidated statistics, in 2015, Cameroon produced 3341 tonnes of honey and exported 900. Such production is largely exported to Nigeria and Europe where demand is growing. The high demand for Oku honey shows high prospects for the beekeeping sector. This will provide jobs to private investors who can produce, collect or package this non-timber forest product.

Since the African Intellectual Property Organisation patented the Oku honey in 2013, its price... Read more

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Cameroon-CAR Transit : Improvements expected on the corridor

At the behest of Mr. Theodore Jousso, Minister of Transport and Civil Aviation of the Central African Republic (CAR), a bipartite meeting bringing together representatives of the Cameroon Port Community dubbed Port Synthèse, business persons and actors of the transport sector players held from 26 to 28 February  2018 in Bangui, the Central African Republic. The Cameroon delegation was led by Mr. Charles Michaux Moukoko Njoh, Deputy General Manager of the Port Authority of Douala (PAD)... Read more

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