Cameroon pauses move to seize MTN Mobile Money pool funds in case linked to Baba Danpullo
Cameroon has paused a recovery effort aimed at MTN’s Mobile Money pool account at Afriland, easing pressure in the Danpullo-linked dispute.
Cameroonian billionaire
Cameroon’s richest man, Baba Danpullo, blocked from selling Sodecoton stake
President Paul Biya halts Baba Ahmadou Danpullo’s plan to sell his Sodecoton stake, keeping Cameroon’s richest man in the cotton giant.
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.
Cameroonian billionaire Paul Fokam initiates arbitration against DRC over Afriland subsidiary
Fokam is the majority shareholder of Afriland First Group.
7 assets owned by Cameroon’s richest man, Baba Ahmadou Danpullo
As Cameroon’s richest man, Danpullo continues to play a pivotal role in the country’s economic landscape.
Cameroon’s richest man Baba Ahmadou Danpullo brings MTN to its knees
Earlier this year, Danpullo accused First National Bank of orchestrating the misleading seizure and liquidation of his South African properties.
Cameroonian billionaire Samuel Foyou’s brewery suspends staff over poor sales
Cameroonian tycoon Samuel Foyou, who is one of the country’s richest men, established Brasaf in 2014 and also owns Fermencam, a distillery.
Cameroonian mogul Paul Fokam’s Afriland exits Uganda over lack of customers
Fokam is one of Africa’s richest men, with a fortune assessed at more than $800 million in 2020.