central Africa

Cameroon: Chinese firm granted license to exploit iron deposit

Cameroon: Chinese firm granted license to exploit iron deposit

Cameroonian authorities have granted the Chinese mining giant Sinosteel Corporation, the very first license to exploit an iron deposit, indicates a document signed by President Paul Biya. According to the document, the Chinese firm will have to pay the State FCFA 22.9 billion in annual revenues. Cameroon is paving the …

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Cryptocurrency: is Sango project against Central African interests?

Cryptocurrency: is Sango project against Central African interests?

Central African Constitutional Court has rejected certain provisions relating to the “Sango” cryptocurrency launched by President Faustin Archange Touadera, following the adoption of bitcoin as the national currency last April. This cryptocurrency project, which is supposed to attract investors to the country and which may not see the light of …

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