Cameroon

Fly ZeJet, the Trojan horse for Cronos Airlines' access to Cameroonian skies

Greek businessman Andreas Kaiafas is trying to take advantage of the shareholder dispute at the airline founded by Christophe Semengue in order to revive his own, which has been losing ground in Equatorial Guinea.

The New Guard
Sudan, Cameroon, Morocco

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

SudanMohanad Orabi, the other youth voice for peace

CameroonAurélie Chazai, the lawyer who's a link between the state and business community

MoroccoNajwa Awane, new flag bearer for parasports

Decrepit rail network hampers Cameroon's mining projects

The dilapidated state of Cameroon's railways is a problem for those involved in the country's mining sector. These firms, particularly bauxite and iron ore miners, are struggling to export their minerals.

State due to pay back €1.3m to Global Fund

Yaoundé summoned by Global Fund to Fight AIDS, Tuberculosis and Malaria to comply with its commitments, under pain of retaliatory measures.

Sports minister plays for time in stadium dispute with Canada's Magil Construction

Narcisse Mouelle Kombi has sought to escape new arbitration proceedings brought before the International Chamber of Commerce by builder Magil. His request however has fallen on deaf ears.

First Lady Chantal Biya's son Franck becomes director at Tradex subsidiaries

Franck Hertz has just joined the boards of Tradex Equatorial Guinea and Tradex DRC. His main backer is Nathalie Moudiki, recently appointed inspector general of the Société Nationale des Hydrocarbures.

Cameroon orders audit of Eneo as Actis digs in over sale price

Finance Minister Louis-Paul Motaze is struggling to reach an agreement with the British investment fund over the value of electricity operator Eneo. With Actis seeking more than 100 billion CFA francs, Yaoundé is set to assess the state of the network.

Nathalie Moudiki appoints all new board at Chanas Assurances

All the directors of Chanas Assurances have been replaced except for Nathalie Moudiki, a member of the board since February, and representative of her partner, who has a 10% stake in the company.

Yaoundé's handling of Covid-19 funds under scrutiny from backers

A delegation from the Global Fund to fight AIDS, Tuberculosis, and Malaria arrived in Cameroon on 7 April to investigate several cases of mismanagement of funds granted to Yaoundé and mainly aimed at helping the country tackle Covid-19.

Audit of BEAC's contentious recruitment process ready for regional ministers

The audit report on the recruitment process for the Bank of Central African States will be forwarded to the ministers of the Central African Monetary Union. It was launched to resolve the crisis that has been linked to suspected irregularities since 2022.

French firm Eosys bids to map natural resources

French company Eosys is currently in talks with the acting minister for mines, Fuh Calistus Gentry, and his teams over a project for mapping Cameroon's rich resources.

AU pre-selection process for last two commissioners reopened

After shortlisting a candidate from Burundi, African foreign ministers have reopened the selection process for the last two commissioners of the pan-African organisation, who must come from the central African region.

Axian Telecom eyes Nexttel takeover

Madagascan company Axian Telecom, based in Mauritius, is considering the takeover of Nexttel. For several years, the Cameroonian operator has been paralysed by a vicious conflict between its shareholders, Vietnamese company Viettel and billionaire Baba Danpullo.

ECCAS countries seek investors in Houston

The promoters of the Central African Pipeline System will showcase their project at the Central Africa Business Energy Forum to be held on 8 May in Texas.

Lobbyist Jim Moran to the rescue of English-speaking secessionists

Moran Global Strategies is now defending the interests in the United States of the Ambazonia Governing Council, whose leader, Lucas Cho Ayaba, is imprisoned in Norway. A tall order, given that the Trump administration seems less concerned than in the past by the so-called NW/SW crisis.