Monday 11 December 2017
(APA 08/29/17)
APA-Douala (Cameroon) - The Douala Stock Exchange (DSX) and the Securities and Exchange Commission (SEC) of Nigeria are in consultation to sign a partnership agreement, Cameroon’s Financial Market Commission (CMF) told APA Tuesday. The partnership agreement will ultimately facilitate opportunities for investors in both countries to use the financial instruments of one and/or the other market, not to mention regulatory cooperation and the exchange of information on deferential markets, in accordance with the recommendations of the International Organization of Securities Commissions (IOSCO). According to Jean-Claude Ngbwa, President of CMF, “Dangote Industries Limited’s interest in the attractiveness of the facilities offered by the government for IPOs in Cameroon’s financial market, and the interest of Nigeria’s investment fund for attractive rates and...
(APA 08/29/17)
Cameroon’s Minister of Secondary Education Jean Ernest Massena Ngalle Bibehe on Tuesday announced the establishment of “School Police” in schools located in the far north of the country, which has seen a resurgence of Boko Haram attacks. According to the recommendation made to the heads of the schools, these “school police” units will be made up of pupils “known for their moral probity.” They will be tasked with detecting, informing or denouncing to the administration, any foreign or suspicious person inside and outside the school premises. Beyond these vigilante units, the school managers have been invited to maintain contact with the staff, pupils and parents so as to keep learners busy and prevent them being idle. Bibehe also prescribed the...
(Reuters (Eng) 08/29/17)
Europe’s “big four” continental powers and three African states agreed a plan on Monday to tackle illegal human trafficking and support nations struggling to contain the flow of people across the desert and Mediterranean sea. The 28-nation European Union has long struggled to reach a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. After hosting the leaders of Germany, Italy, Spain, Chad, Niger and Libya, French President Emmanuel Macron said it was time for greater coordination. “We must all act together - from the source countries to Europe and passing by the transit countries, especially Libya - to be efficient,”...
(The Associated Press 08/28/17)
Residents say suspected Boko Haram extremists killed at least 16 people and burned homes in two villages in Cameroon's north, near the border with Nigeria. Iya Gana, whose husband was killed in the attack Thursday night, said the rebels entered her village and killed her husband and others. She said they burned down homes and stole vehicles and cattle after killing people in two villages near Mora, in Cameroon's Far North province, about 20 kilometers (12 miles) from the border with Nigeria. Boko Haram extremists have been crossing into and attacking towns in neighboring countries, including Cameroon, that contribute to a regional military force trying to eliminate
(APA 08/28/17)
APA-Yaoundé (Cameroon) - An additional 400 gendarmes have been deployed in Cameroon’s North-West and South-West regions as part of a Operation SERESCO 17/18 to secure schools, sources told APA. The operation, which runs for 128 days at a cost of nearly CFA500 million is launched to avoid disruption to the 2017/2018 school year in the two regions paralyzed since October 2016 by federalist and secessionist demands. The new contingent is tasked with reinforcing the 959 troops already committed to the security and the maintenance of law and order in the troubled regions. The precautions of the public authorities seem to be vindicated by the discovery of a terrorist-owned bunker in Mbengwi (north-west), which according to the government was being used...
(APA 08/28/17)
APA – Douala (Cameroon) - Cameroon has announced that it will on Monday hand over military equipment recovered in the hands of the Central African "armed groups" during a ceremony to be presided over by the minister of Defense (MINDEF) Joseph Beti Assomo. The Central African delegation will be led by the minister of Defense and Joseph Yakete in the presence of the Special Envoy of the UN Secretary General in the region. This move by the Cameroonian authorities is in the spirit of "the ongoing pacification of the Central African Republic", for since the outbreak of this socio-political crisis four years ago, Cameroon has always expanded efforts for its neighbor to find the peace and stability, Assomo said. “This...
(BBC News Africa 08/28/17)
Nigeria have suffered a blow ahead of their 2018 World Cup qualifier against Cameroon in Uyo on Friday, after Arsenal forward Alex Iwobi withdrew from the squad with a thigh muscle strain. The 21-year-old will also miss the away leg against African champions Cameroon in Yaounde on 4 September, according to the Nigeria Football Federation (NFF). Iwobi was due to join the Super Eagles training camp on Monday after Arsenal's Premier League game at Liverpool on Sunday. Iwobi, the nephew of legendary Nigeria star Jay-Jay Okocha, had played in Nigeria's first two World Cup qualifiers against Zambia and Algeria, scoring in a 2-1 win in Zambia in October last year. He has been replaced in Nigeria's squad by CSKA Moscow...
(APA 08/28/17)
APA - Douala (Cameroon) - The HTT Telecom SA Company or YooMee which specializes in providing Internet services, has crossed another milestone by becoming a mobile operator in Cameroon. This was after the transfer agreement of its activities obtained from the Ministry of Posts and Telecommunications (MINPOSTEL) sources told APA. Through a partnership which binds it to the Cameroon Telecommunications (CAMTEL), the state-owned incumbent telecom YooMee intends to offer combined services of a versatile technology for voice communications (GSM) and Internet (CDMA), managing director Emmanuel Forson revealed during a ceremony to inaugurate its new headquarters in Douala. The board said it is venture that required more than CFA10 billion in investment and could create over 2000 direct and indirect jobs...
(Reuters (Eng) 08/28/17)
Getting Europe’s migrant crisis under control will be in focus at a summit of Europe’s “big four” continental powers and three African nations in Paris on Monday, with French President Emmanuel Macron seeking concrete action. The 28-nation European Union has struggled to agree on a coherent answer to the influx of migrants fleeing war, poverty and political upheaval in the Middle East and Africa, and the crisis is testing cooperation between member states. Over the summer, Macron sought to take the initiative on managing the flow of migrants crossing the Mediterranean from Libya, mainly into Italy. He proposed hotspots in Africa to handle asylum requests. The viability of such centers was questioned by European and African allies and on Monday...
(AFP (eng) 08/26/17)
Fifteen people were shot dead in an overnight attack in north Cameroon, blamed on Boko Haram Islamists, a security source said Friday. The attack happened in the town of Gakara close to the Nigerian border, the security source in the region said. "Boko Haram shot 15 people dead... and kidnapped eight people three of whom were returned on Friday," added the source, who wished to remain anonymous. A total of 35 houses were torched in the attack which happened around 11:00 pm (2200 GMT) according to a local vigilante group member. "There were many of them," said the source. Gakara is just a kilometre (half mile) from the Nigerian border town of Kerawa where the Boko Haram Islamists have long...
(Reuters (Eng) 08/26/17)
Suspected Boko Haram militants sprayed a village in remote Cameroon with automatic fire, killing 15 people and kidnapping eight others in an overnight raid near the Nigerian border, several officials said on Friday. The attackers burned down around 30 houses in Gakara village, just outside the town of Kolofata, which has been a frequent target of suicide bombings by the Islamist group. A government source on the ground said that 15 people had been killed, all shot dead except one who was burned alive, while another 30 had suffered bullet wounds. The mayor of Kolofata and a senior military source confirmed that an attack had taken place but did not know the death toll. Boko Haram attacks have killed more...
(Reuters (Eng) 08/25/17)
DOUALA, Cameroon (Reuters) - Suspected Boko Haram militants killed at least 11 people and kidnapped eight others in an overnight raid on a village in northern Cameroon near the Nigerian border, officials said on Friday. The attackers burned down around 30 houses in Gakara village, just outside the town of Kolofata, which has been a frequent target of suicide bombings by the Islamist group. An army colonel put the death toll at 11, while a district official said that 15 people had been killed. The mayor of Kolofata confirmed that an attack had taken place but said he did not know the death toll. Boko Haram attacks have killed more than 20,000 people and displaced 2.7 million during the group’s...
(APA 08/25/17)
Sixty-one non-regularized schools offering technical and general secondary education in Cameroon have been shut down with immediate effect. A decree by the minister of Secondary Education, Jean-Ernest Massina Ngalle Bibehe on Thursday confirmed that the schools in question will not open for the 2017-2018 academic year. The closures resulted from the flouting of legal procedures for the establishment of schools after a report by an investigative panel for the identification, monitoring and evaluation of private secondary schools, the ministerial decree explained. Most of the 61 banned schools belong to the private education system, some of them without the official authorization
(Voice of America 08/24/17)
DOUALA, CAMEROON — The world’s largest non-government hospital ship is docked in Cameroon’s commercial capital, Douala, where local health care gaps remain enormous. Medical staff and volunteers from around the world plan to provide nearly 3,000 free surgeries aboard the Africa Mercy over the next 10 months. Bernadette Aboudjio traveled 600 kilometers from eastern Cameroon with her two children who suffer from club foot. She said she brought them here because she has been told that they will get free operations. She said she is very grateful because she does not have the money to take the children to the hospital. Club foot is just one of many ailments for which little surgical treatment is available in Cameroon. The Ministry...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only dollar-bond issuer without a junk rating. A low interest rate environment in the developed world has encouraged investors to look past the problems plaguing African economies, including low commodity prices, dollar shortages in some of them and rising political tension...
(AFP (eng) 08/23/17)
A child bomber killed four members of a local self-defence group late Tuesday in northern Cameroon, an area often targeted by Boko Haram jihadists in their long-running insurgency. The attack in the village of Amchide, near the Nigerian border, was confirmed on Wednesday by a member of the self-defence force who requested anonymity, as well as by a security source in the capital, Yaounde. "I was in my sector when I heard a large explosion in another part of the town," the self-defence source said. "We saw that a boy had blown himself up in the middle of a group from the security committee," he said. Two people were killed immediately, while two others died from their wounds later, he...
(Voice of America 08/23/17)
YAOUNDE — At least half a dozen schools in Cameroon's two English-speaking regions have been burned in the past week. It is the latest sign of deepening tensions as the ongoing strike in Cameroon’s two English-speaking regions enters its tenth month. The strike began in November 2016 with anglophone teachers and lawyers in the northwest and the southeast. They said English-speaking citizens are marginalized in the bilingual country and demanded reforms. But secessionist groups soon joined the movement, and their calls for full independence for the English-speaking zones derailed dialogue and helped spur a government crackdown. Continued arson attacks in Cameroon's English-speaking northwest have prompted calls for the creation of self-defense militia. Some parents in Bamenda said it is no...
(Journal du Cameroun 08/23/17)
Cocoa farmers in Yaounde, have been advised to exercise patience following the drop in cocoa prices on the world market. Luc Magloire Mbarga Atangana, Cameroon’s Trade Minister was speaking yesterday in Yaoundé as he visited the newly constructed post-harvest side for the treatment of cocoa in localities. Addressing the farmers, Minister Luc Magloire Mbarga says government plans to improve the quality of cocoa by building post-harvest centres of excellence for the treatment of cocoa. The centres, he went on, will consist of fermentation units where the treatment of cocoa begins. He urged the farmers to be courageous and view the fall in prices as their challenge in the production chain. To him, many problems of quality in the international market...
(Journal du Cameroun 08/23/17)
The Minister Delegate to the Minister of Agriculture and Rural Development, Clementine Ananga Messina, says six out of ten regions in Cameroon are facing a major threat from a pest known as army caterpillars which attack cereals. The Minister was speaking in Yaounde yesterday during a meeting with stakeholders in the farming sector to find lasting solutions to the pest problem. According to the Minister, the pest is a big threat to the country’s food security. “It attacks cereals like maize, rice, leguminous plants like peanuts, beans. Some six regions have already been affected since 2015. So seeking ways to destroy the army worm is important” She said. Yesterday’s meeting was therefore aimed at sensitising the various stakeholders on the...
(APA 08/23/17)
The number of people in dire need of humanitarian aid in Cameroon has reached 2.9 million, according to the United Nations. They include 320,000 refugees and more than 230,000 internally displaced persons (IDPs), it said. The United Nations has issued an international appeal for funding to meet the humanitarian needs of the refugees and IDPs. The socio-political instability in neighbouring Central African Republic and the resurgence of the Nigerian militant sect Boko Haram are being blamed for the situation. In addition to Central Africans and Nigerian fleeing their countries, incursions by the militants in Cameroon have prompted many residents of the country’s Far-North to flee their homes.

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