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Ambazonia War: Destroying Anglophone Regions’ Economies

Ambazonia War: Destroying Anglophone Regions’ Economies

Cameroon Says Conflict Destroying Anglophone Regions’ Economies Cameroon says the economies of its troubled English-speaking western regions are collapsing as a result of the country’s four-year separatist conflict.  Officials say the ongoing fighting has made tax revenues in the English-speaking Northwest region drop from $800,000 annually to just $1,000 last year. The lack of government funds has […]

CamCCUL 47th AGM in Pictures

CamCCUL 47th AGM in Pictures

CamCCUL AGM Adopts 2.3 Billion as 2015 Budget

CamCCUL AGM Adopts 2.3 Billion as 2015 Budget

This amount will mostly be used to improve on the performance of the credit unions that make up the league and the lives of its members as a consequence, this is mirrored through a staggering 494 million FCFA budgeted for interest on deposits alone from member Credit Unions, 86 million for training, education and partnerships, […]

State House: President Paul Biya unveils a three-year national development vision

State House: President Paul Biya unveils a three-year national development vision

President Paul Biya has presided over a council of Ministers meeting at State House this Tuesday, 9th December 2014.  The meeting which started at 12 midday was attended by all but four Cabinet members. Prime Minister and Head of Government, Philemon Yang led the Government Ministers to the State House. Though the session was held […]

AU Summit Approves Creation of African Monetary Fund

AU Summit Approves Creation of African Monetary Fund

The AU Commissioner for Economic Affairs, Anthony Maruping, told journalists in Malabo on Monday that the Fund would work to correct balances of payment positions across Africa. He said such positions were mainly caused by low export of commodities and high import volumes which exerted negative burden on currency stability. The AMF would be established […]