Cameroon
Cameroonian-American NBA superstar Joel Embiid earns $57.7 million in past year
The 29-year-old’s significant earnings stem from a lucrative NBA contract. He secured his future with the Philadelphia 76ers with a five-year, $178 million deal (including incentives)
Cameroonian banker Alain Nkontchou-led Ecobank reports $496 million in revenue in Q1 2024
Under Alain Nkontchou’s leadership, total comprehensive income surged significantly, rising from N7.06 billion ($15.54 million) to N448.72 billion ($123.76 million).
Africa’s richest man boosts regional growth with seven clinker vessels to Ghana, Cameroon
In the first quarter of 2024, Dangote Cement’s Nigerian operations shipped a total of 178,000 tonnes of clinker to Cameroon and Ghana.
Cameroonian tycoon Paul Fokam’s bank bolsters local economy with $2.7 billion in 2023
The bank further solidified its position as a national market leader with a 19.2-percent market share in deposit collection and a 21.5-percent market share in credit at the close of 2022.
Cameroon’s richest man ventures into maritime transport with new company
Baba Ahmadou Danpullo’s foray into maritime transport is expected to shape the industry landscape.
Congolese businessman Paul Obambi to invest $74 million in Douala Port project
Obambi’s Sapro Group operates across 11 countries on three continents in multiple sectors.
Cameroonian entrepreneur Jean Lobe Lobe leads startup to raise $2.5 million
Lobe founded the Cameroonian e-health startup in 2020 with the aim to connect the African health ecosystem and make health services and information available.
Cameroon’s richest woman Kate Fotso launches new hospitality company
Fotso is the founder and current CEO of Telcar Cocoa, Cameroon’s largest cocoa export company for more than 30 years.
Wealthy Cameroonian industrialist Nana Bouba launches oilseed processing company
Bouba is one of the richest businessmen in Cameroon with an empire that has tentacles in food and beverages, retail and property.
Cameroonian billionaire Samuel Foyou gets green light to launch bank
This bold move by Foyou is expected to ignite a wave of competition among both multinational and national banks.
Cameroon’s richest woman Kate Fotso suffers decline in cocoa business
Fotso is the current CEO of Telcar Cocoa, Cameroon’s largest cocoa export company.
Cameroonian banker Alain Nkontchou rakes in $1.8 million from Ecobank stake
Nkontchou is one of the richest investors on the Nigerian Exchange and one of Cameroon’s wealthiest banking executives.
Case filed by Cameroon’s richest man casts doubt on MTN’s $200-million investment
The legal uncertainty cast by Baba Ahmadou Danpullo, who ranks as Cameroon’s richest man, threatens the group’s $200-million investment.