Cameroon Financial News

The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board.

Subscribe to enjoy similar stories.India's apex drugs regulator has directed state governments to enforce uniform medicine standards to eliminate regional variability in regulatory compliance.In its February directive, reviewed by Mint, the Central Drugs Standard Control Organization (CDSCO), chaired by the Drugs Controller General of India, Rajeev Singh Raghuvanshi, wrote that concerns have been raised regarding inconsistencies in the enforcement of drug standards across the country, low conviction rates in cases of drug adulteration, and the need for stringent scrutiny of adulteration in imported pharmaceutical products."All states are advised to take proactive measures to effectively address the issues. You are also requested to strengthen the necessary infrastructure, including the provision of adequate manpower under the State Health Regulatory Excellence Index (SHRESTH),” the letter said.The development assumes significance for India’s $50 billion pharmaceutical market, which is facing a quality crisis after Indian-manufactured cough syrups were linked to over 140 deaths globally, including in Gambia, Uzbekistan, and Cameroon, due to ethylene glycol poisoning.Mint's emailed queries to the health ministry spokesperson and the DCGI office on 15 April remained unanswered.

Like the ministerial gatherings in 1999, 2003 and 2017, the 14th Ministerial of the World Trade Organization (WTO), held at Yaoundé, Cameroon, ended without an agreement on anything. US trade representative Jamieson Greer used the occasion to reiterate his long-held view that the WTO is not of much use. This trade body operates by consensus and India has had its fair share of blame for such huddles yielding little, having held firm on its right to subsidize agriculture, a point that rich countries found hard to stomach.

In a first, India plans to publicly disclose findings from inspections of drug manufacturing units, marking a shift towards greater transparency and quality monitoring, according to two government officials and documents reviewed by Mint.According to the proposal being discussed, the country’s apex drugs regulator, Central Drugs Standard Control Organization (CDSCO), will publish details of inspected firms and audit recommendations on its website, as India's pharmaceuticals sector faces heightened scrutiny over quality.The plan assumes significance for the country's $50 billion pharmaceutical market in the backdrop of Indian-manufactured cough syrups being linked to over 140 deaths in countries, including Gambia, Uzbekistan and Cameroon, due to ethylene glycol poisoning.The office of Drugs Controller General of India (DCGI), headed by Rajeev Raghuvanshi, conducts these risk-based inspections (RBI) to ensure compliance with regulatory requirements under the Drugs and Cosmetics Act and Rules.“It has been desired that CDSCO may examine the feasibility of displaying brief details of firms inspected under RBI along with the recommendations of the inspection team, after due consideration of legal implications," according to the documents reviewed by Mint. "During such inspections, inspection teams make observations and recommendations based on risk assessment.

New Delhi: India has joined a group of developing economies in pushing for a global framework to reduce the cost of cross-border remittances, positioning the issue as a key development priority ahead of the 14th Ministerial Conference of the World Trade Organization scheduled in Yaoundé, the capital of Cameroon, later this month.The conference will take place during 26-29 March 2026.In a revised draft ministerial declaration circulated on 17 March, India, along with Morocco, Pakistan and the African Group, called for coordinated global action to bring down remittance transaction costs, which remain significantly above the United Nations’ Sustainable Development Goal target of less than 3% by 2030.India is world’s largest recipient of remittances, with inflows estimated at around $135.4 billion in FY25, according to an India Brand Equity Foundation (IBEF) report. This marks a steady rise from about $129 billion in 2024 and reflects a strong increase over the past decade.

Subscribe to enjoy similar stories. India has backed calls for a balanced outcome on cotton at the World Trade Organization (WTO), saying issues such as domestic support, market access and development assistance need to be addressed together.

Mint.The proposed change aims to build a comprehensive database of bulk drug traders, improve traceability of imported raw materials, over 70% of which come from China, and allow regulators to quickly identify and hold accountable specific dealers involved in the supply of substandard inputs in India’s $50-billion pharmaceutical market.The new mechanism would dismantle the umbrella approach in the current common licensing system for raw materials and finished medicines, give the Drugs Controller General of India (DCGI) a long-missing registry of nearly 1.2 million bulk drug traders, and significantly strengthen traceability and accountability in the country's pharmaceutical market.The government move comes in the backdrop of India’s reputation as the ‘Pharmacy of the World’ taking a hit due to deaths of children in Uzbekistan, Gambia, Cameroon and India linked to cough syrups manufactured by Indian firms.As per the officials, a draft notification is in the works for this separate licensing regime for active pharmaceutical ingredients (APIs), including bulk drugs and advanced intermediates, which were valued at approximately $3.5 billion in FY25.While the total value for India's total pharmaceutical-related imports—including finished products—for FY24 was approximately $8.2 billion, bulk drugs remain the dominant share of this inflow data from the Directorate General of Commercial Intelligence and Statistics and commerce ministry shows.India’s API market is projected to reach $38.13 billion by 2034, growing at a CAGR of 8.50% from 2025 to 2034, according to reports by research firms like Market Research Future.“The lack of transparency in the raw material supply chain was highlighted by recent reports of cough syrups

Subscribe to enjoy similar stories. Naveen Jindal, chairman of India’s fourth-largest steelmaker Jindal Steel and Power Ltd (JSPL), is building a private steel empire abroad, one that could match the size of his listed Indian company in future. Over the past five years, Jindal has built an end-to-end steel business with assets across Europe, the Middle East and Africa.

The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.

The top executive and two other employees of Australia's gold mining company Resolute Mining have been arrested and detained by Mali’s military junta

Cameroon, left the country at the age of just 11 with her family, and went to the UK, where she was granted an asylum status. Meanwhile, she has no country to properly call a home but her skills in boxing is already taking her place and winning hearts, be it the 2023 European Games, or the ongoing 2024 Paris Olympics, where she is a part of the Refugee Olympic Team.

Meta's newsroom, the AI chatbot is now accessible in Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and Cameroon. Additionally, the chatbot's multilingual functionality has been upgraded to include French, German, Italian, Portuguese, and Spanish, with plans to incorporate more languages in the future.Enhanced Image Generation and Editing FeaturesThe latest update also brings advanced image generation and editing features to the AI chatbot.

Meta AI is now available in seven new languages, including Hindi, according to the social media giant. The move, which extends capabilities of Meta's AI assistant in the multilingual domain, essentially means users will be able to also interact with Meta AI across WhatsApp, Instagram, Messenger and Facebook in these new languages.

Founded in 2020 by banking industry veterans Dominic Duru, previously of RBS and Citi, and Khalid Talukder, previously of UBS, Citi & Deutsche Bank, DKK specialises in emerging markets (EM) and foreign exchange (FX) liquidity. The firm last raised a £3 million pre-seed round in September last year at a pre-money valuation of £100 million. DKK has seen its flow rise to $1.3 billion in transactions in the last year with Ebitda reaching an impressive $2 million. The firm has also opened dedicated offices across all key markets, including London, Dubai, Ghana, Nigeria, Cameroon and Senegal. Earlier this year, DKK received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer Virtual Asset Broker Dealer Services. As part of the deal Meridien Holdings will help the firm to scale up its operations by supplying complementatary technology to help drive efficiency and distribution of its products and services.

A Zambian court has sentenced 22 Chinese nationals to long prison terms for cybercrimes that included internet fraud and online scams targeting Zambians and people from Singapore, Peru and the United Arab Emirates

Venue : Integrated Polytechnic Regional Centre, Kigali Cameroon Women squad - Brenda Waluma, Cynerah Mboe, Elsa Garcia Souna, Jeanne Ngono, Marguerite Bessala, Sandra Nono, Bernadette Manuella Mbida, Olive Ranedoumoun, Madaleine Sissako, Michelle Ekani, Catherine Messina, Cathy Mbelel, Edwige Guehoada, Tchouabo Leslie Malawi Women squad - Febbe Malefula, Sophina Chinawa, Tadala Mpandakwaya, Alinafe Alfonso, Ketrina Chingaipe, Lidia Dimba, Praise Maziya, Sugeni Kananji, Triphonia Luka, Mercy Kudimba, Lucy Malino, Nellie Gamaliyele, Tricia Chabila, Vanessa Phiri Cameroon Women vs Malawi Women Live Score: Cameroon Women Sandra Nono 4 (4) Olive Ranedoumoun 4 (16) Malawi Women Lidia Dimba 0/16 (4) Cameroon Women vs Malawi Women Live Score: Cameroon Women Sandra Nono 4 (4) Olive Ranedoumoun 4 (16) Malawi Women Lidia Dimba 0/16 (4) Cameroon Women vs Malawi Women Live Score: Cameroon Women Olive Ranedoumoun 3 (12) Sandra Nono 1 (2) Malawi Women Vanessa Phiri 3/21 (4) Cameroon Women vs Malawi Women Live Score: OUT! b Vanessa Phiri. Cameroon Women vs Malawi Women Live Score: Cameroon Women Olive Ranedoumoun 1 (10) Elsa Garcia Souna 2 (6) Malawi Women Lidia Dimba 0/11 (3) Cameroon Women vs Malawi Women Live Score: Cameroon Women Olive Ranedoumoun 1 (9) Elsa Garcia Souna 1 (1) Malawi Women Lucy Malino 3/20 (4) Cameroon Women vs Malawi Women Live Score: Four! Played towards mid wicket.

Venue : Integrated Polytechnic Regional Centre, Kigali Uganda Women squad - Malisa Ariokot, Patricia Timong, Prosscovia Alako, Stephanie Nampiina, Immaculate Nakisuuyi, Immaculate Nandera, Janet Mbabazi, Rita Musamali, Jimia Mohammed, Kevin Awino, Asumin Akurut, Concy Aweko, Lorna Anyait, Sarah Walaza Cameroon Women squad - Brenda Waluma, Cynerah Mboe, Elsa Garcia Souna, Jeanne Ngono, Marguerite Bessala, Sandra Annie Nono, Bernadette Manuella Mbida, Michelle Ekani, Olive Ranedoumoun, Madaleine Sissako, Catherine Messina, Cathy Mbelel, Edwige Guehoada, Tchouabo Leslie Uganda Women vs Cameroon Women Match Details Match 26 of Kwibuka Women's T20I Tournament, 2024 between Uganda Women and Cameroon Women to be held at Integrated Polytechnic Regional Centre, Kigali at 01:15 PM.

Venue : Gahanga International Cricket Stadium, Kigali Cameroon Women squad - Brenda Waluma, Cynerah Mboe, Elsa Garcia Souna, Jeanne Ngono, Marguerite Bessala, Sandra Annie Nono, Bernadette Manuella Mbida, Michelle Ekani, Olive Ranedoumoun, Madaleine Sissako, Catherine Messina, Cathy Mbelel, Edwige Guehoada, Tchouabo Leslie Nigeria Women squad - Esther Sandy, Lucky Piety, Salome Sunday, Victory Igbinedion, Favour Eseigbe, Lillian Udeh, Peculiar Agboya, Abigail Igbobie, Sarah Etim, Adeshola Adekunle, Annointed Akhigbe, Christabel Chukwuonye, Rachael Samson, Usen Peace Cameroon Women vs Nigeria Women Live Score: Cameroon Women Jeanne Ngono 5 (12) Cynerah Mboe 1 (2) Nigeria Women Lillian Udeh 1/6 (2) Cameroon Women vs Nigeria Women Live Score: Cameroon Women Jeanne Ngono 1 (6) Cynerah Mboe 0 (1) Nigeria Women Adeshola Adekunle 0/1 (1) Cameroon Women vs Nigeria Women Live Score: Cameroon Women Cynerah Mboe 0 (1) Jeanne Ngono 0 (0) Nigeria Women Lillian Udeh 1/0 (1) Cameroon Women vs Nigeria Women Live Score: OUT! b Lillian Udeh. Cameroon Women vs Nigeria Women Match Details Match 10 of Kwibuka Women's T20I Tournament, 2024 between Cameroon Women and Nigeria Women to be held at Gahanga International Cricket Stadium, Kigali at 04:45 PM.

Venue : Gahanga International Cricket Stadium, Kigali Botswana Women squad - Aliya Motorwala, Merapelo Phiase, Oratile Kgeresi, Oratile Tsimako, Tebogo Moitoi, Wendy Moutswi, Entle Mmese, Florence Samanyika, Goabilwe Matome, Pako Mapotsane, Shameelah Mosweu, Tuelo Shadrack, Amantle Letuba, Laura Mophakedi, Amantle Mokgotlhe, Kesego Inakale, Onneile Keitsemang, Wendy Segee Cameroon Women squad - Brenda Waluma, Cynerah Mboe, Elsa Garcia Souna, Jeanne Ngono, Marguerite Bessala, Sandra Annie Nono, Bernadette Manuella Mbida, Michelle Ekani, Olive Ranedoumoun, Madaleine Sissako, Catherine Messina, Cathy Mbelel, Edwige Guehoada, Tchouabo Leslie Botswana Women vs Cameroon Women Match Details Match 6 of Kwibuka Women's T20I Tournament, 2024 between Botswana Women and Cameroon Women to be held at Gahanga International Cricket Stadium, Kigali at 04:45 PM.

Lok Sabha Elections 2024 Phase 1 Polling: Live updates Nigeria's regu

government Tuesday allowed exports of Kala Namak rice up to an aggregate quantity of 1,000 metric tonnes through six specified customs stations. Their exports were prohibited till now. “Authorized signatory for certification of Kala Namak rice and its quantity will be Director, Agriculture Marketing & Foreign Trade, Lucknow,” the Directorate General of Foreign Trade said in a notification. Kala Namak is a premium non-basmati rice variety grown in Uttar Pradesh.

Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa. About three-quarters of the world's cocoa — the main ingredient in chocolate — are produced on cacao trees in Ghana, Ivory Coast, Nigeria and Cameroon. But dusty seasonal winds from the Sahara were severe in recent months, blocking out the sunlight needed for bean pods to grow. The season prior, heavy rainfall spread a rotting disease. With exports from the Ivory Coast, the world's top producer, down by a third in recent months, the global price of cocoa has risen sharply. Cocoa futures have already doubled this year, trading at a record high of more than $10,000 per metric ton in New York on Tuesday after rising more than 60% the previous year. Farmers who harvest cacao beans say the increases aren't enough to cover their lower yields and higher production costs.