LimbeLabs - Cameroon startup incubator for startups

From site:

Limbe Labs is a unique community / collaboration space in Cameroon for startups, freelancers, designers, entrepreneurs (esp. internet entrepreneurs) and independent thinkers. Limbe Labs provides not only a great space to work but also opportunities to interact with other like-minded individuals.

Doula stock exchange - Cameroon stock exchange

Based in Douala, the economic capital of Cameroon, port city and main point of entry to the CEMAC region, the Douala Stock Exchange is both the standard bearer of the national economic and financial community, and the result of the determination of the Cameroonian Government. The Douala Stock Exchange is a public limited company with a Board of Directors and capital of 1.8 billion francs cfa, of which 63.7% of the shares are held by private commercial banks, Credit Foncier of Cameroon and the Dutch bank FMO, 23% by public interests, and 13.3% by private insurance companies.

Operating in an economic environment which has been reformed by an ongoing restructuring of the financial system on the one hand, and a promising business climate resulting from the liberalisation of the market sector on the other, the aim of the Douala Stock Exchange is:
- To enhance and diversify the availability of finance
- To facilitate privatisation programmes and the granting of credit
- To widen the range of investment possibilities available to the public and to institutional investors
- To ensure the transparency of economic and financial information.

The ambitions of the Douala Stock Exchange are in line with the general economic development of the country: steady growth of 4% in real terms of GNP for the past 5 years, consumer price inflation of around 2%, a reduction in the current account deficit and a reduction in external debt.

Korean-led group to build Cameroon cement plant

Cameroon's The Entrepreneur Newspaper blog reports:

By Tansa Musa

South Korean-led consortium has signed a deal to build a 37 billion CFA francs ($82.68 million) cement factory in Cameroon, the Industry Ministry said on Thursday, January 17, 2008. The AFKO Cement Production Company, based in the southwestern town of Limbe, will have an annual production capacity of 1 million tonnes of cement and aims to start production from April.

"Our company will produce several qualities of cement including that which can be used in marine construction and the building of bridges at very affordable prices," the company's chairman, Sang Bong Lee, said in the statement.

Industries, Mines and Technological Development Minister Badel Ndinga Ndanga said the company would alleviate Cameroon's acute cement shortage.

Cameroon currently has only one cement factory, controlled by France's Lafarge , and prices have risen in recent months from 4,600 CFA francs per bag to over 6,000-7,000 in some localities.

Shareholders in the new plant include South Korea's AFKO, U.S. land development firm Atwell-Hicks, and Indonesia's PT Petras, ministry officials said.// Reuters

Somdiaa sugar cane producer, distributor

Somdiaa is the leading sugar cane producer, refiner and distributor in Central Africa. Through its plantations in Cameroon, Chad and Congo-Brazzaville, the Company produces approximately 80% of the sugar sold in the Central African Economic and Monetary Community free-trade region. The Company also owns and operates flour mills in Gabon and produces a range of other agricultural products.