(Business in Cameroon) - The Cameroonian Minister of Forests and Wildlife, Jules Doret Ndongo, has just launched a national tender for the recruitment of a service provider. The winning bidder will carry out repair work on the technical equipment of the Wood Promotion Center in Yaoundé.
Funding for the work, estimated at CFA103.5 million, will be provided by the Common Fund of the Forest and Environment Sector Program (FESP). In detail, the selected service provider will repair three dryers and 44 woodworking machines, renovate 9 sharpening machines and make the wood processing station operational. They will also install a centralized suction system for woodchips and sawdust produced by the woodworking machines.
This project comes at a time CEMAC countries are preparing for the entry into force of the ban on log exports, effective January 1, 2023. The decision aims to foster local processing of wood so that countries have more value-added. Under this plan, more wood promotion centers will be constructed across the CEMAC region.
In Cameroon, the wood promotion center is an entity of the Forestry Ministry. It is responsible for "the promotion of species little or not known for forest development; the contribution to capacity building of stakeholders in the forest products sector, support for SMEs in targeted sectors, awareness, education, and development of practitioners in the use of wood.” The center also ensures the provision of technical or promotional services to stakeholders in the forest products sector.
Cameroon: govt plans to collect CFA1,047bn in tax revenues in H2 2022
Cameroon’s corporate debt is worrying, but still offers opportunities
Cameroon to repay CFA287.6bn (+20%) in public debt interest in 2023
Cameroon receives a CFA42bn AfDB loan to support farmers
Business in Cameroon n110: April 2022
Covid-19, war in Europe: Some Cameroonian firms will suffer
Albert Zeufack: “Today, the most important market is in Asia”
Investir au Cameroun n120: Avril 2022
Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir
Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »
Olam Agri : A dependable partner in Cameroon’s Food Security Agenda.
Bolloré, Olam try the containerless cotton export method in Cameroon
Emile Parfait Simb, promoter of Liyeplimal, arrested for cryptocurrency scam
Cameroonian govt to place public companies under performance contracts by the end of 2024, under IMF pressure
Glencore says it bribed SNH and Sonara with CFA7bln
Cameroon: Fitch says maintaining fuel pump prices is bad for budget deficit
Cameroon to take a census of government assets, starting in Douala
Olam Agri : A dependable partner in Cameroon’s Food Security Agenda.
Cameroon seeks German partners to build youth education centers
Mobile money tax revenue above target for 2022
Olam Agri : A dependable partner in Cameroon’s Food Security Agenda.
Coca-Cola's new partner Sofavin plans CFA25bn investment in Gabon
Glencore says it bribed SNH and Sonara with CFA7bln
Emile Parfait Simb, promoter of Liyeplimal, arrested for cryptocurrency scam
Cameroon: Fecafoot terminates deal with Le Cop Sportif
Using a fake email address for the online tax registration process in Cameroon could cost you CFA5mln
CEMAC: Bank loans slid by 5% in Q2 2021, despite the loosening of Covid-19 restrictions
Cameroon raises CFA83bln on the Beac market to repay the previous loan
Cameroon: Beac forecasts cotton production to decline in Q3 2022
International: His Excellency Mahamat Paba Salé urges Yango to bring more technical innovations to Cameroon
Cameroon: Fuel subsidy needs peaked at CFA80bn in June, causing shortages
Cameroon: Army unit to build the Ekondo Titi-Kumba road
Individuals in Cemac received more bank credit than SMEs in H2 2021 (beac)