Archives: News

09 Mar
By: admin 0 2

Port of Kribi looking for private management

The Steering Committee of the industrial port of Kribi project has launched an international request for expressions of interest for the recruitment of a private partner to manage the deep water port of Kribi, whose construction is underway. Interested candidates are invited to submit their bids no later than January 7, 2014 . An evaluation of these tenders will then retain a short- list of five competitors who will compete for the final award. At the same time, he launched a call for applications for the recruitment of a partner for towing and mooring (assistance for mooring ships on the docks ) ships in the same port infrastructure.

Interested candidates are invited to submit their bids no later than January 7, 2014 . An evaluation of these tenders will then retain a short- list of five competitors who will compete for the final award!

Built by the China Harbour Engineering Company ( CHEC ) and mainly financed by Eximbank of China , the deep water port , whose first project phase is 70% completed according to the latest assessment of the Cameroonian government, should be able to welcome its first vessels during the period of 2014-2015.

November 2013 | La Nouvelle Expression

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09 Mar
By: admin 28 2

2014 Budget bill sent to the parliament

The budget bill was sent to the parliament. For 2014, the government is proposing a $6.6 billion budget. The increase represents about $152 Millions in absolute terms and 2.3% in relative value. The bill was introduced during the recent plenary session at the palace of glass in Ngoa – Ekellé. The introduction of the bill was preceded by the work of the Conference of Presidents who ruled it admissible. For them, the above mentioned increase ” is only apparent”. For the government, ” it will mostly be absorbed by additional spending of $300 Millions (to take care of the last contingent of 25,000 new hire through the recent youth recruitment initiative, about 7,000 civil servants graduating from government schools, remuneration of traditional leaders and accounting for cost related to the newly created Senate).

 

This initial budget draft represents a slight increase compared to the current budget ($6.6 billion for 2014 against $6.5 billion in 2013).

An hour after the National Assembly went through the bill, the Senate followed suit in a plenary session and reviewed the 2014 budget bill. For the first time in the history of Cameroon, the budget bill will be adopted by a bicameral legislature. This is a great milestone since the election of the Senate few months ago and its establishment by the Constitution of 1996.

November 2013 | Cameroon Tribune | Le Quotidien Economique

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09 Mar
By: admin 36 2

Camtel: New telco tariffs

For many Cameroonians, the billing polices at the Cameroon Telecommunications (Camtel) that was based on the number of hours spent on the web was the last refuge for quality access to the Internet at an affordable price. The service was popular compared to offerings from other public operators.

However, by changing its pricing policy for Internet access and joining other carriers’ that currently charge customers based on usage, the average Cameroonian believes, the incumbent is now focusing on the rich only. The monthly connection fee of $50 for 200 hours is now being replaced with a usage based model set at $50 for every 5GB of data.

The monthly connection fee of $50 for 200 hours is now being replaced with a usage based model set at $50 for every 5GB of data!

Given this data consumption based model, customers fear that their browsing ability will be very limited. In fact, it will be greatly reduced. This also applies to Skype and other VoIP software they use for communicating with friends and family. With this new pricing policy, they might have to recharge their accounts two to three times a month. This is what customers have been denouncing since the adoption of the new pricing policy.

November 2013 | L’Actualite Hebdo

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09 Mar
By: admin 0 1

Road and energy: Development potential

With a total of 51 300 km of roads throughout the country, only 5,000 km are paved. Compared to other countries in central Africa, Cameroon has the lowest density of roads with 2.6 km of roads for 1 000 inhabitants.

 

Cameroon has a huge development opportunity for energy power supply!

Besides the roads, Cameroon also a huge development opportunity for energy power supply. In fact, with the second hydro -electric potential in Africa after the Democratic Republic of Congo (DRC), Cameroon could produce 20,000 megawatts ( MW ) or more than 115 billion kWh , if these resources were developed.

While many investments are being made in this area to increase power production to 3,000 MW by 2020 the country is currently considering ways to improve coordination of their actions around general infrastructure development including transport, energy , urban development, water and sanitation, telecommunications to accelerate its growth. This is the goal of the workshop that took place Wednesday in Yaounde at the initiative of the

Ministry of Economy , Planning and Regional Planning [Ministry of Planning and Economic Development].

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