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Press Release: AKO COUNCIL RESCUED FROM PLANNED SABOTAGE

Press  Release:  AKO COUNCIL RESCUED FROM PLANNED SABOTAGE

  The Social Democratic Front (SDF) has halted an ongoing mafia by a gang of two in the Ako Council bent on thwarting developmental endeavors by the SDF newly elected administration headed by Mayor Akio Augustine and his team.. A team of experts from the SDF set up by the National Chairman of the SDF […]

12.5 Billion for Grassfield Project phase II

12.5 Billion for Grassfield Project phase II

The Cameroon government and the African Development Bank (ADB) have signed a loan and grants agreement worth 12.5 billion FCFA for the financing of the second phase of the Grassfield project (The Grassfield Decentralized and Rural Development Project – GP DERUDEP) in a ceremony at the Bamenda Congress Hall, Monday afternoon. Minister Emmanuel Nganou Njoumessi […]

TOPROC launches Cameroon’s first banking franchise system

TOPROC launches Cameroon’s first banking franchise system

Cameroon’s first ever microfinance franchise has been launched by Tourism Promoters Savings and Loans Cooperative Finance (Toproc). This was announced by Bongfeng Emmanuel Board Chair of Toproc, during a one day workshop at the Mondial Hotel on Saturday July 20. 2013. Toproc has hired the services of an international management consulting firm, Tamco Systems, that […]

Live, Toproc seminar on franchising (in pictures)

Live, Toproc seminar on franchising (in pictures)

TOPROC (Tourism Promoters Service Finance PLC) is holding a one day seminar now at the Conference Hall of the Mondial Hotel Bamenda on its new franchising scheme design with expert assistance of Tamco System – a management consulting firm and leading adviser on business strategy in Cameroon, Europe and USA. The scheme will create a […]

34 Micro-Finance Banks banned in Cameroon

34 Micro-Finance Banks banned in Cameroon

  Some Cameroonians now have a sigh of relief after Finance Minister, Alamine Ousmane Mey, took a radical decision recently to suspend some 34 Micro Finance banks in the country. The suspension believed by many to be timely, was necessitated after it was discovered that some of the banks have been operating without valid licenses. […]

Sacccul disaffiliates from CamCCul

Sacccul disaffiliates from CamCCul

The Santa Central Corporative Credit Union League (SACCCUL) has become the latest credit union to disaffiliate from the Cameroon Credit Union League (CamCCUL) to join forces with other dissident unions to form a new umbrella union- Renaissance Cooperative Credit Unions in Cameroon (RECCU–Cam) as the crisis at CamCCUL takes a new twist. The decision was […]

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