Geneva's tax authority demands millions from Cameroonian billionaire Paul Fokam
Geneva's tax administration has opened a case against Cameroonian banker Paul Fokam over undeclared wealth during ten years living in Switzerland.
Cameroon
Billionaire Baba Danpullo takes 10% stake in AGL Cameroon
Billionaire Baba Danpullo has taken a 10% stake in AGL Cameroon through CCML, gaining a significant interest in the MSC-controlled logistics business.
Cameroonian cocoa magnate Kate Fotso doubles her market share as exports collapse 35%
Telcar Cocoa shipped 40,631 tonnes to take 32.4% of Cameroon's cocoa exports, up from 15.7%, in a season when national exports fell 34.65%.
Cameroon's richest woman Kate Fotso retakes the cocoa export lead she lost last year
Kate Fotso's Telcar Cocoa shipped 40,631 tonnes to retake Cameroon's cocoa export lead, a year after ending two decades of partnership with Cargill.
Cameroonian oil magnate Antoine Ndzengue loses Central African fuel monopoly after IMF-requested audit
Central African lawmakers have voted to end the ten-year fuel import monopoly held by Cameroonian businessman Antoine Ndzengue's Neptune Oil.
Nigerian billionaire Aliko Dangote pitches Cameroon fuel terminal to reach landlocked Central Africa
Nigerian billionaire Aliko Dangote has proposed a fuel storage terminal in Cameroon to serve landlocked Chad and Central African Republic.
Cameroon's richest man Baba Danpullo launches Douala fund to manage family fortune
Cameroon's richest man Baba Danpullo has launched Danpullo Capital, a Douala joint venture with Kessner Capital, to grow family assets.
Cameroonian tycoon Nassourou Issa plans $100 million sugar mill to rival Castel
Cameroonian tycoon Nassourou Issa is building a $100 million sugar mill, backed by Société Générale, to outproduce the Castel family's Sosucam by 2028.
$28 million haunted villa Samuel Eto'o swears he never bought
Samuel Eto'o earned roughly $95 million, but the most famous mansion attached to his name is a cursed Portofino villa he insists he never bought.
Cameroon Media mogul Amougou Belinga goes on trial for the murder of a journalist he wanted silenced
Cameroonian media mogul Jean-Pierre Amougou Belinga is facing trial for allegedly ordering the kidnapping and murder of radio journalist Martinez Zogo in January 2023.
Cameroonian heirs Gilbert and Nicole Kadji are pushing their late father's $205 million beverage empire into West Africa
Seven years after their father's death, Gilbert and Nicole Kadji are expanding Cameroon's Kadji Group into West Africa with a bold new canned beverage push.
Egypt's billionaire El-Sewedy family eyes Cameroon investments as part of a new Algeria-Egypt industrial consortium
Egypt's Elsewedy Electric is part of a new Algerian-Egyptian industrial consortium targeting investments in Cameroon's energy and industrial sectors, according to reporting from News du Camer.
Idrissa Nassa's Coris Bank takes another shot at Cameroon, the CEMAC region's most lucrative banking market
Coris Bank International has filed to enter Cameroon, seeking a foothold in the CEMAC region's largest and most profitable banking market.
Cameroonian tycoon Oumarou Fadil invests $1.79 million in Garoua grain complex
Oumarou Fadil is putting 1 billion CFA francs ($1.79 million) into a Garoua agro-processing plant, leveraging fresh tax breaks to boost Cameroon’s food output.
Nigerian banker Jim Ovia’s Zenith Bank to open in Côte d’Ivoire, Cameroon
Jim Ovia’s Zenith Bank will open in Côte d’Ivoire and Cameroon in 2025, with Kenya expansion plans also underway.
Paul Fokam's Afriland to boost SME financing in Cameroon with $60 million
The move is designed to help close the funding gap faced by local businesses, especially those led by women, and support private-sector growth in the country.