Finance

IMF – International Monetary Fund : Public Information Notice: IMF Executive Board Concludes 2012 Article IV Consultation with Cameroon – 4-traders (press release)

At the same time, the number of banks in violation of the main prudential ratios continued to increase. Over the longer term, Cameroon has maintained macroeconomic stability, and debt relief under the Heavily Indebted Poor Countries (HIPC) and Multilateral …

UAE- IDB approves $1.15 billion for uplift projects – MENAFN

The bank said in a statement that the approvals covered a large … The board also cleared $274.8 million for food security and rural development activities in African countries (Cameroon, Chad, Uganda, Benin, Burkina Faso, Mali, Niger, Mauritania and …

Cameroon boosts fuel subsidies by 24 pct for 2012 – Reuters

Cameroon spent 323 billion CFA on fuel subsidies in 2011. Officials from the International Monetary Fund and World Bank in May urged the country to do away with fuel subsidies, saying they did little to aid the poor, but instead … Continue reading

IMF Executive Board Concludes 2012 Article IV Consultation with Cameroon – International Monetary Fund

At the same time, the number of banks in violation of the main prudential ratios continued to increase. Over the longer term, Cameroon has maintained macroeconomic stability, and debt relief under the Heavily Indebted Poor Countries (HIPC) and Multilateral …

Cameroon – Education for All-Fast Track Initiative : Support to the Education Project

Ratings for the Education for All-Fast Track Initiative (EFA-FTI) : Support to the Education Project for Cameroon were as follows: outcomes were moderately satisfactory; risk to development outcome was substantial; Bank performance was moderately satisfactory and grantee performance was moderately … Continue reading

IDB Board approves over US$ 1 billion to support development projects in twenty member countries – Zawya.com

The bank said in a statement that the approvals covered a large … US$ 274.8 million for food security and rural development activities in African countries (Cameroon, Chad, Uganda, Benin, Burkina Faso, Mali, Niger, Mauritania and Togo); US$ 146.2 million … Continue reading

Special Report: Africa palm-oil plan pits activists vs N.Y. investors – NBCNews.com

Cameroon’s current output of 230,000 metric tons makes it the … The HCV Resource Network, a global forest-protection body funded by the World Bank and packaging giant Tetra Pak, among others, rejected the assessment as “completely inadequate” and …

NCC Shuts First Bank Branches Over Illegal Frequency – Worldnews.com

The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east … to offshore accounts in various western European banks and voided coup plots by bribing … Continue reading

Saudi- IDB OKs over USD bln to support development in member countries – MENAFN

They also include USD 274.8 million for food security and rural development activities in Cameroon, Chad, Uganda … aiming at liquidities management for Islamic banks, and for which a tripartite Memorandum of understanding was signed earlier between …

Special Report: Africa palm-oil plan pits activists vs N.Y. investors – Chicago Tribune

FABE, Cameroon (Reuters) – It was a tough week for Cameroonian … The village dispute is part of the global struggle to feed the world – and central to a New York investment fund’s bid to capitalize on that effort … Continue reading