Select your language

    Cameroon

    Since May 2006, when the first company entered (Société des eaux minérales du Cameroun) the Douala Stock Exchange (DSX), Cameroon’s stock exchange, this financial market has had a total of only 500 billion FCFA in stock market capital, stated Finance Minister Alamine Ousmane Mey, during a presentation at Cameroon Business Forum (CBF) – an exchange platform between the government and private sector business entities. The Finance Minister also specified that DSX capital represents barely 3.25% of the country’s GDP against the banking sector’s 16%.

    Fitch Ratings-Paris/London-06 June 2014: Fitch Ratings has affirmed Cameroon's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B'. The Outlooks are Stable. The Short-term foreign currency IDR has been affirmed at 'B'. Fitch has also affirmed the Country Ceiling for Cameroon at 'BBB-', in line with the Country Ceiling for Communaute Economique et Monetaire d'Afrique Centrale (CEMAC) and for the Union Economique et Monetaire Ouest-Africaine (UEMOA) at 'BBB-'.

    The AES Corporation announced that it has signed agreements to sell its electric generation and distribution businesses in Cameroon to Actis, a global pan-emerging market investor, for $220 million of net equity proceeds.

    Cocoa purchases by local grinders in Cameroon slumped over 44 percent year-on-year to 2,562 tonnes in August, the first month of the 2013/14 harvest season in the world's fifth biggest grower, data from the sector regulator showed.

    Login