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COMMUNITY FREE TRADE ZONE

 Given the major concerns expressed by ECCAS Heads of State and Government regarding continental integration, and the current state of affairs, which reveals that only four of the 11 countries are compliant. The Commission has been instructed to take the necessary steps to prepare and submit a draft roadmap for the operationalisation and launch of the free trade area by July 2025 at the 25thordinary session scheduled for September 2024.

With this in mind, a regional capacity-building... Read more

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IMPORTATION OF DOMESTIC GAS

Cameroon has benefited for many years now from an annual 5% subsidy on the cost of domestic gas, a precious commodity. According to SNH, 21% of consumption was covered by local production in 2021. In 2022, Cameroon officially spent CFAF 75 billion on subsidising domestic gas consumption, due to the rising cost of hydrocarbons on the world market.

With this in mind, Mr Okie Johnson Ndoh, Chairman of the Ad hoc committee in charge of petroleum product imports for the second half of 2024,... Read more

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AfCFTA

This landmark event took place on Friday 5 July 2024 at the Container Terminal of the Port of Douala-Bonabéri and was presided over by Trade Minister Luc Magloire Mbarga Atangana.

The ceremony was also attended by Mr. Auguste Mbappe Penda, General Manager of the Cameroon National Shippers' Council (CNSC) and Chairman of the Ad hoc sub-committee charged with implementing the AfCFTA guided trade initiative in Cameroon, and Mr. Cyrus Ngo'o, General Manager of the Port Authority... Read more

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CASSAVA AND ITS DERIVATIVES

Within the framework of the import-substitution policy driven by the Government of Cameroon, the cassava value chain - production, processing and marketing - will be an essential asset. The Government and its partners in the secondary sector of the economy are working hard to see that SOTROMAS S.A (a company specialising in the industrial processing of cassava), based in Sangmelima in the South Region, is able to operate at full capacity. 

 

With this in mind, a consultation... Read more

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