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Yearly, exports from the Free-trade area generate more than CFA240 billion

Shelter Afrique to fund 3,000 social housings in Cameroon

In Togo, the ACCI commits to the development of local municipalities

Surface rights: Cameroon claims XAF184 mln from 16 mining companies

(Business in Cameroon) - On February 24, 2021, Minister of Mines Gabriel Dodo Ndoké (photo) published a note inviting 16 mining companies to pay a cumulative amount of XAF184.02 million in unpaid surface rights to the public treasury. Specifically, Southland Mining Cameroon should pay XAF15.6 million, Sycma Sar XAF9 million, Cameroon Minerals & Resources Sarl XAF16.84 million, Naina Cameroun Sarl XAF8. 56 million, BC Corporation Sarl XAF25.66 million and Société camerounaise d exploitation minière XAF7.83 million. Also, Aurinco should pay XAF99637, Cameroon Emergence Corp XAF7.81 million, Cameroon Extraction Ltd XAF8.64 million, Dacaf XAF16.18 million, Eufrasia Cameroun XAF99,000, Global ABS Engineering XAF7.34 million, Su Yang XAF4.51 million, ABS Holding XAF29.28 million, LC Minerals Ltd XAF6.85 million and LC Exploration Ltd XAF17.94 million.

Cameroon: Towards the revival of the Special Forestry Development And Wildlife Fund

(Business in Cameroon) - In Cameroon, the Ministry of Forestry and Wildlife (Minfof) is currently planning to revive the Special Forestry Development And Wildlife Fund. Indeed, during the cabinet meeting of February 25, 2021, in Yaoundé, Jules Doret Ndongo (Minister of Forestry and Wildlife) insisted on the need to rehabilitate the Special Forestry Development And Wildlife Fund as instituted by the Decree of April 10, 1996, setting out the operating procedures of Special Funds, according to the minute published at the end of the meeting by Magloire Séraphin Fouda, Secretary-General of the Prime Minister s Office.   T he aim is to optimize the financing of the National Programme for the Development of Forest Plantations, implement the protected areas management plan as well as fight poaching and wildlife crime,  the minute explains.  

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