Reuters: Cameroon News

Cameroon cocoa exports down 11 pct by end-April

Wed, 16 May 2012 14:42:15 +0000

YAOUNDE, May 16 (Reuters) - Cameroon's cocoa exports hit 167,944 tonnes by the end of April since the season began in August, putting them nearly 11 percent below the 188,163 tonnes shipped during the period a year ago, according to data from the National Cocoa and Coffee Board released on Wednesday.

BRIEF-C&C sees weak Q1, better Q2

Wed, 16 May 2012 06:43:10 +0000

* Envisages tougher first quarter than last year, better second quarter (Reporting by Conor Humphries)

Soccer-Hapoel Tel Aviv beat Haifa 2-1 to get cup hat trick

Tue, 15 May 2012 20:17:47 +0000

TEL AVIV, May 15 (Reuters) - Hapoel Tel Aviv captured Israel's State Cup for a third consecutive season on Tuesday, beating Maccabi Haifa 2-1 through an injury-time winner from Nigerian striker Nosa Igiebor.

FACTBOX-Key political risks to watch in Nigeria

Tue, 15 May 2012 15:08:43 +0000

LAGOS, May 15 (Reuters) - A northern Islamist insurgency and a corruption scandal over state-subsidised fuel imports are dominating Goodluck Jonathan's presidency, distracting it from reforms meant to unleash the potential of Africa's top energy producer.

Cameroon cocoa prices fall on poor roads, rain

Tue, 15 May 2012 11:23:41 +0000

* Heavy, persistent rain makes it difficult to sun-dry beans * Mid-crop harvest start slow after disease earlier this year YAOUNDE, May 15 (Reuters) - Farmgate cocoa prices in Cameroon's main growing regions have fallen by as much as 6 percent since April as heavy rains have hampered drying of beans and further damaged unpaved roads needed to transport the beans to port, farmers said on Tuesday. Prices fell to between 925 and 940 CFA francs ($1.84) per kg in Bafia, the main growing

Bollore to invest in Cameroon high-speed rail -CEO

Mon, 14 May 2012 21:08:23 +0000

YAOUNDE, May 14 (Reuters) - French financier Vincent Bollore said on Monday that his investment group Bollore plans to invest about 50 billion CFA francs ($97.86 million) in a high-speed train line linking Cameroon's capital Yaounde to its commercial hub Douala.

IMF cuts sub-Saharan Africa 2012 growth forecasts

Mon, 14 May 2012 03:30:00 +0000

JOHANNESBURG, May 14 (Reuters) - Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial distress and a sluggish recovery in South Africa, the International Monetary Fund (IMF) said on Monday.

FACTBOX-Key political risks to watch in the Gulf of Guinea

Fri, 11 May 2012 18:36:14 +0000

DAKAR, May 11 (Reuters) - The Gulf of Guinea - a growing source of oil, cocoa and metals - spans more than a dozen West African countries, many ravaged by civil wars and coups. The region faces increasing piracy threats, drug smuggling and political uncertainty.

Moroccan firm to build Cameroon chocolate factory

Fri, 11 May 2012 16:31:50 +0000

YAOUNDE, May 11 (Reuters) - Morocco's leading chocolate-making company, Compagnie Cherifienne de Chocolaterie, will build a 40,000 tonne-per-year chocolate factory in Cameroon this year, Cameroon's government said on Friday.

EU grants Cameroon banana sector 48 mln euros-radio

Fri, 11 May 2012 13:42:10 +0000

YAOUNDE, May 11 (Reuters) - The European Union will grant Cameroon 48 million euros for its banana sector as the Central African country seeks to double its annual output to 500,000 tonnes by 2013, state radio said on Friday.