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Cameroon dominates Cemac banking with 60% of accounts and 28 8% network, aiming for growth by 2030

Cameroon dominated the banking sector of the Cemac region in 2022. According to data reported by the central bank Beac, the country alone houses

Brewing company Brasaf temporarily suspends staff over decline in sales and production

Some thirty employees of Brasserie Samuel Foyou (Brasaf), the latest brewing company to open in Cameroon,  were temporarily suspended from work

New Castel investment bodes well for sorghum producers in Cameroon

Brasaf finally launches first beer in Cameroon, 8 years after announcement

Brasaf finally launches first beer in Cameroon, 8 years after announcement
businessincameroon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessincameroon.com Daily Mail and Mail on Sunday newspapers.

BDEAC invests XAF1 7 bln in a hotel project in Douala - Business in Cameroon

(Business in Cameroon) - Last March 9 th, in Douala, Fortunato-Ofa Mbo Nchama (photo), president of the Development Bank of the Central African States (BDEAC)  signed a XAF1.7 billion agreement to fund a hotel project. In the framework of that agreement, the BDEAC will provide 45% of the funds needed for the construction of the Panafrican Pacific Plazza whose funding stage is completed (according to the promoters). With 53 rooms and other related infrastructure, the hotel that will be built in Bonapriso will boost the offer in Douala, where the hotel sector is increasingly becoming competitive with the arrival of new operators. Those operators include the Chrystal Palace owned by business mogul Samuel Foyou who is building a Chrystal Palace hotel chain, and Katara Hospitality, a Qatari investor that recently purchased Ibis hotel in Douala.

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