{"id":3750,"date":"2015-03-20T14:26:24","date_gmt":"2015-03-20T14:26:24","guid":{"rendered":"http:\/\/maischna.de\/?p=3750"},"modified":"2015-03-20T14:26:58","modified_gmt":"2015-03-20T14:26:58","slug":"cameroon-business-news-investmentafrica","status":"publish","type":"post","link":"http:\/\/lafritude.com\/?p=3750","title":{"rendered":"Cameroon Business News #InvestmentAfrica"},"content":{"rendered":"
\"Douala<\/a>

Douala Stock Exchange Market<\/p><\/div>\n

Since May 2006, when the first company entered (Soci\u00e9t\u00e9 des eaux min\u00e9rales du Cameroun) the Douala Stock Exchange (DSX), Cameroon\u2019s stock exchange, this financial market has had a total of only 500 billion FCFA in stock market capital, stated Finance Minister Alamine Ousmane Mey, during a presentation at Cameroon Business Forum (CBF) \u2013 an exchange platform between the government and private sector business entities. The Finance Minister also specified that DSX capital represents barely 3.25% of the country\u2019s GDP against the banking sector\u2019s 16%.
\nThis nine-year performance for the DSX, which was created in 2001, but began activity in 2006, is all the more worrying as, according to the Minister Alamine Ousmane Mey\u2019s figures, the share portion of this financial market totals only 164 billion FCFA, compared to the bond compartment\u2019s 337 billion FCFA. Yet, when the DSX was launched, the Cameroonian government wanted to list some ten companies in the first five years of operation. Fourteen years after being created and nine years after its launch, the DSX has only three share listings: SEMC, Socapalm and Safacam.<\/p>\n

Call for tenders to create a potato-processing plant in Cameroon<\/strong><\/p>\n

\"Potato\"<\/a>Business in Cameroon) – The Cameroonian Ministry of Industry has just issued a call for tenders to hire a research firm to conduct a technical, institutional and financial study on behalf of the government to create a potato-processing project for Kumbo in the North-West region.
\nAccording to statistics provided by the National Potato Revival Programme, Cameroon produces between 220,000 and 400,000 tonnes of this staple each year, depending on the climate and other natural factors.
\nSeventeen percent of production is exported to neighbouring countries. Over 80% of national production originates in the West and North-West regions.<\/p>\n

The international Cameroonian coffee festival, Festicoffee 2015, will take place from April 23-25 in 23 towns and cities<\/strong><\/p>\n

\"Cameroon<\/a>The 2015 edition of the International Cameroonian coffee festival (Festicoffee) will take place from April 23-25, 2015 in the Yaound\u00e9 Palais des Sports. Sticking to tradition, this coffee celebration put on by the National Cocoa and Coffee Board (CICC) and the Ministry of Trade will involve coffee tasting in 23 towns and cities.<\/p>\n

Festicoffee 2015\u2019s theme will be: \u201cWomen in coffee\u201d. According to the organisers, this theme will focus on the little known role women play in coffee cultivation in Cameroon.
\nIndeed, in the main coffee production areas, the West and North-West, traditional practices have thus far not recognised women\u2019s rights to own land as land traditionally belongs to men. Women simply farm the land. It is rare to find female coffee farmers in the strictest sense of the term as the women work on plantations owned by men and have no control over their income.<\/p>\n

Source: http:\/\/goo.gl\/EkLWaM