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Cameroon , Sunday 12 July 2020

News Cameroon Commerce: A Proposal for Peace in Cameroon

Published on: Friday 03 July 2020
A Proposal for Peace in Cameroon
News source: https://www.diplomaticourier.com/posts/a-proposal-for-peace-in-cameroon

On June 22, a group of prominent Nobel Prize laureates called for a ceasefire to let health workers deal with the COVID-19 pandemic, for which Cameroon is deeply unprepared amid the hostilities. Yet ...

News Cameroon Commerce: BUSINESS PROFILE: Emkao Foods

Published on: Wednesday 01 April 2020
BUSINESS PROFILE: Emkao Foods
News source: https://www.bclocalnews.com/business/business-profile-emkao-foods/

When Joanna McBride first started this venture of speaking to local businesses, she asked the Mission Regional Chamber of Commerce for suggestions on who might like to participate ... She is educated, ...

News Cameroon Commerce: E-Commerce Can Provide The Boost Africa Needs

Published on: Monday 23 March 2020
E-Commerce Can Provide The Boost Africa Needs
News source: https://africa.com/e-commerce-can-provide-the-boost-africa-needs/

Identify Your Best Possible Market One of the challenges companies such as Jumia face is attempting to enter markets that are not necessarily ready for e-commerce to take root. Cameroon, Tanzania, and ...

News Cameroon Commerce: Kenya gets Sh5bn World Bank credit for coronavirus fight

Published on: Wednesday 01 April 2020
Kenya gets Sh5bn World Bank credit for coronavirus fight
News source: https://www.nation.co.ke/news/World-Bank-approves-Sh5bn-for-Kenyas-virus-fight/1056-5511270-7m80c3z/index.html

The patients are 18 Kenyans and two nationals each from Pakistan and Cameroon, who tested positive from among 300 persons with Mr Kagwe ... Chinese billionaire and co-founder of e-commerce ...

News Cameroon Commerce: Jumia’s losses widened over the last year—and now coronavirus threatens to hobble growth

Published on: Tuesday 25 February 2020
Jumia’s losses widened over the last year—and now coronavirus threatens to hobble growth
News source: https://qz.com/africa/1808055/jumia-annual-losses-widen-in-2019-jumiapay-spin-coming/

Jumia’s latest fourth quarter earnings result shows the largest e-commerce operator across Africa is not yet any closer to turning ... It comes after Jumia’s decision to shut down operations in Rwanda ...

News Cameroon Commerce: This week in Cecil County business news: Curry Bowl opens, census info, NASA testing

Published on: Tuesday 10 March 2020
This week in Cecil County business news: Curry Bowl opens, census info, NASA testing
News source: https://www.cecildaily.com/business/this-week-in-cecil-county-business-news-curry-bowl-opens/article_cc0ad214-086a-5cc8-89df-9883ed2bb76e.html

That's about the time he came to the United States from his native country, Cameroon. "I've been catering with my mom for as long as I can ... Members of the Rising Sun Chamber of Commerce saw a ...

News Cameroon Commerce: Cameroon Anglophone businesses suffer under crackdown ahead of election

Published on: Sunday 16 February 2020
Cameroon Anglophone businesses suffer under crackdown ahead of election
News source: http://www.rfi.fr/en/africa/cameroon-election-anglophone-businesses-suffer-under-crackdown-ahead-polls-voting

"Businesses are grounded on this day and there's going to be substantial losses…These people generate [income] for their families on weekends,” says Francis Anu of the Cameroon Chamber of Commerce in ...

News Cameroon Commerce: Jumia, Africa's 'Amazon', seeks to move on from a bruising 2019

Published on: Wednesday 22 January 2020
Jumia, Africa's 'Amazon', seeks to move on from a bruising 2019
News source: https://in.news.yahoo.com/jumia-africas-amazon-seeks-move-135724166.html

Jumia Technologies will focus on proving it can turn a profit after a bruising 2019, one of the e-commerce giant's co-founders - Jeremy Hodara - has said. (SOUNDBITE) (English) CO-CHIEF AND EXECUTIVE AND FOUNDER, JEREMY HODARA SAYING: "Now we're going to be extremely disciplined and very focused on our path to profitability, and that's where we are going." Africa's first tech company to list in New York hit a peak value of close to $4 bln, but has seen its shares fall by nearly 70% since its initial public offering in April. They tumbled after short-seller Citron Research cast doubt on its sales figures - dealing a major blow to investor confidence. Late last year, it shut its e-commerce service in Cameroon and Tanzania and halted food delivery in Rwanda. Hodara declined to say whether more markets could face the axe. Instead, he said the business would focus on boosting revenue by making its payment platform - JumiaPay, and infrastructure network available to third parties. (SOUNDBITE) (English) CO-CHIEF AND EXECUTIVE AND FOUNDER, JEREMY HODARA, SAYING: "It's not a fintech company, it's not a marketplace, it is an e-commerce ecosystem where we have a very strong marketplace, a very strong logistic platform and a very strong payment platform that compliments each other to make Jumia what it is." Hodara declined to comment on whether Jumia planned to seek more outside cash, but said that as the business scaled up, costs would come down. He said improvements to its algorithms were also helping.

News Cameroon Commerce: Cameroon's govt brings in nearly 20% tax on e-commerce trade

Published on: Wednesday 15 January 2020
Cameroon's govt brings in nearly 20% tax on e-commerce trade
News source: https://www.telecompaper.com/news/cameroons-govt-brings-in-nearly-20-tax-on-e-commerce-trade--1322701

Cameroon has introduced 19.25 percent Value Added Tax (VAT) on the sale of goods and services via local or foreign e-commerce platforms, ITWeb reported citing the 2020 Finance Law of Cameroon, which ...

News Cameroon Commerce: TerraPay, UBA Group announce remittance partnership

Published on: Sunday 05 January 2020
TerraPay, UBA Group announce remittance partnership
News source: http://www.itwebafrica.com/e-commerce/694-africa/246835-terrapay-uba-group-announce-remittance-partnership

According to a statement released by the partners, the service is currently live in five countries within UBA's network including Ghana, Cote d'ivoire, Burkina Faso, Sierra Leone and Cameroon. It is ...

News Cameroon Commerce: Africa: Russia-Africa Summit - Cameroon Makes Gains

Published on: Tuesday 29 October 2019
Africa: Russia-Africa Summit - Cameroon Makes Gains
News source: https://allafrica.com/stories/201910290598.html

Cameroon's Minister of Trade, Luc Magloire Mbarga Atangana was accompanied to the forum by the President of the Chamber of Commerce. Reports say they discussed many partnerships with the Russian ...

News Cameroon Commerce: Closure of Nigeria’s borders (1)

Published on: Sunday 03 November 2019
Closure of Nigeria’s borders (1)
News source: https://www.vanguardngr.com/2019/11/closure-of-nigerias-borders-1/

SHORTLY after President Muhammadu Buhari returned from the Seventh Tokyo International Conference for African Development, TICAD7, our land borders with Benin, Niger and Cameroon were closed on August ...

News Cameroon Commerce: Africa Roundup: Cameroon’s #BringBackOurInternet succeeds, Nigeria’s Cars45.com raises $5M

Published on: Monday 04 November 2019
Africa Roundup: Cameroon’s #BringBackOurInternet succeeds, Nigeria’s Cars45.com raises $5M
News source: https://au.news.yahoo.com/africa-roundup-cameroon-bringbackourinternet-succeeds-123036948.html

The three month outage forced the hand of Africa’s largest telecom (MTN), halted operations of its leading e-commerce startup (Jumia), and created digital refugees. The disruption also prompted the grassroots #BringBackOurInternet campaign that could serve as a global model for countering government

News Cameroon Commerce: Nigerian officials count gains of border closure

Published on: Friday 04 October 2019
Nigerian officials count gains of border closure
News source: http://apanews.net/en/news/nigerian-officials-count-gains-of-border-closure

Nigeria recently closed its land borders with Niger, Benin, Chad and Cameroon and this action has affected cross border trading and ... Buhari, who stated on September 20, 2019 when he received a ...

News Cameroon Commerce: Cameroon – Transforming Farm Products: AMPE, French Development Agency Launch Food Processing Programme

Published on: Wednesday 24 July 2019
Cameroon – Transforming Farm Products: AMPE, French Development Agency Launch Food Processing Programme
News source: http://www.cameroon-info.net/article/cameroon-transforming-farm-products-ampe-french-development-agency-launch-food-processing-programme-348705.html

The ceremony that took place at the Chamber of Commerce in Bonanjo, on Wednesday July 24 ... This is a food processing program which has been put in place by the government of Cameroon and financial ...

News Cameroon Commerce: Cameroon - Fight Against Tax Fraud: Visiting Swiss Delegation Brainstorm On Possible Solutions

Published on: Tuesday 23 July 2019
Cameroon - Fight Against Tax Fraud: Visiting Swiss Delegation Brainstorm On Possible Solutions
News source: http://www.cameroon-info.net/article/cameroon-fight-against-tax-fraud-visiting-swiss-delegation-brainstorm-on-possible-solutions-348630.html

Louis Paul Motaze, Minister of Finance during the opening ceremony, lauded developmental efforts carried out by Swiss in Cameroon, stating that their influence is impacting commerce, maritime and ...

News Cameroon Commerce: Cameroon - Instability: Cameroon Listed Among Most Vulnerable Countries In Terms Of Investment

Published on: Sunday 07 July 2019
Cameroon - Instability: Cameroon Listed Among Most Vulnerable Countries In Terms Of Investment
News source: http://www.cameroon-info.net/article/cameroon-instability-cameroon-listed-among-most-vulnerable-countries-in-terms-of-investment-347265.html

A social and political instability index carried out by the French credit insurer, Coface has revealed that Cameroon is the 10th most vulnerable country in terms of investment in the world. The ...

News Cameroon Commerce: CURBING PIRACY IN THE GULF OF GUINEA

Published on: Monday 15 July 2019
CURBING PIRACY IN THE GULF OF GUINEA
News source: https://www.thisdaylive.com/index.php/2019/07/16/curbing-piracy-in-the-gulf-of-guinea/

While Nigeria has for several years been a hotspot for piracy incidents, the International Chamber of Commerce International Maritime Bureau ... Incidents were reported in the coastal countries of ...