Cameroon: Latest News
Frank Mutulu, 11:00 am
Africa’s growing middle class and purchasing power have attracted the U.S. and Europe to offer lucrative trade deals in a reciprocal arrangement. The most popular products entering the U.S. market from Africa include canned fruits and juices, leather, apparel and textiles. Volume of exports from the U.S. to Africa increased from $ 6.1 billion in 2001 to $ 22.6 billion in 2012.
Dana Sanchez, 4:20 pm
Forty-seven sub-Saharan African countries have agreed on frequency coordination for digital switchover in 2015. Africa will be the first region globally to be in a position – by 2015 – to allocate so-called digital dividend spectrum to mobile services in both the 700MHz and 800MHz bands.
Staff, 11:00 am
While most commodities headed downwards this week, oil and cocoa prices bucked the trend, with concern about supply continuing to provide support for both. Syria is not a big oil producer but there are concerns the conflict could spill over into the wider Middle East and disrupt supplies.
Dana Sanchez, 10:00 am
Herbicide tolerance, insect resistance, and nutritional enhancement are some of the beneficial traits in GMO crops, and they are being grown in 20 developing countries and eight industrial countries. However, low adoption by smallholder farmers in most of Africa makes it unlikely GMOs will impact Africa food security anytime soon.
Makula Dunbar, 12:09 pm
Through IBM’s smarter computing system, Viettel Cameroon S.A.R.L. will soon provide high speed internet and voice services to consumers. According to Biz Tech Africa, IBM’s DB2 software, System X servers and Smarter storage systems will enable advanced and integrated mobile services.
Nanci Theoret, 8:24 am
A U.S. company is playing a role in bringing much-needed electricity to Africa. After completing a turn-key $5 million solar-panel manufacturing plant in Ethiopia, Florida-based SKYei now plans to build two hydropower plants in Tanzania. “We train locals and that differentiates us from other companies,” said Roland McLean of SKYei. “It’s been our experience that we can always find good local help. We pay more and wreck the local wage scale.”
Ann Brown, 5:00 pm
From Voice of America Authorities in Cameroon have begun rolling out a campaign to eliminate non-degradable plastic bags by early next year. The measure seeks to halt their risk to human and animal life as well as the environment. Producers, importers and marketers of non-degradable plastic wrappings in Cameroon have until March 2014 to halt […]
Dana Sanchez, 3:13 pm
Globally, there has been a shift in the importance businesses place on talent and people management within company structures – and this is very evident in businesses operating in Africa, says Samantha Crous with Top Employers Institute. “There is a great demand for talent and human capital and companies find themselves competing for the most experienced and skilled staff.”
Dana Sanchez, 1:38 pm
The recent acquisition of Kenyan beauty product manufacturer Interconsumer Products (ICP) by L’Oréal suggests that global players are looking to expand into the African continent given its growth potential.
Dana Sanchez, 11:00 am
Gold also benefited as investors sought a safe-haven investment amid the rising political tensions in the Middle East and on renewed uncertainty about the outlook for U.S. monetary policy.
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