Economy Archives - The Mentor

On July 14, 2023, It Was Announced That STANDARD CHARTERED BANK Of The United Kingdom, Had Entered A Sale Agreement With ACCESS BANK Of Nigeria, For The Latter To Takeover Some Subsidiaries of The Former In Africa, Which Included STANDARD CHARTERED BANK CAMEROON. Last Year, Gov’t Expressed Concern Over, “Lack Of Clarity In The Transaction”. […]

Last Year, The Coming Of AFRICA GLOBAL BANK Of Cameroonian Business Magnate, SAMUEL FOYOU, Raised The Number Of Commercial Banks in Cameroon To 19. But With The Official Takeover Of STANDARD CHARTERED BANK Cameroon By ACCES BANK On Dec. 5, 2025, The Number Of Commercial Banks In The Country Has Dropped Back To 18. (List […]

The 800 Billion FCFA Debt Include 500 Billion FCFA Owed To Contractors, Including Suppliers. Part of Debt Is Money That ENEO, Under The Management Of ACTIS, Borrowed From Banks. Worse Still, ENEO Cameroon Loses 60 Billion FCFA A Month To Fraud. The Mission Of SONEL That Was Created In 1974, And Became AES SONEL In […]

Unlike In The Days Of SONEL, Some Multinational Companies Have Today Joined The State In The Energy Production Sector In Cameroon. New Power Plants Have Been Constructed. In The Early 2000s, Less Than 1000 MW of Energy Was Produced And Distributed By SONEL. Today, The Total Capacity of Energy Plants, That Supply Energy To ENEO […]

BOCHONG EL HADJ LAWAN BAKO Signed For SNH, While ABAKAR HAMAD Signed For BGFI Cameroun CSTAR Is A Joint Venture (SNH, TRADEX, ARIANA Energy, and RCG Consortium). The Ultramodern CSTAR Refinery With A Production Capacity Of 50,000 Barrels A Day, Will Start With A Daily Production Of 30,000 Barrels, And Will Provide 2,000 Direct And […]

92 Year Old PAUL BIYA Grabs Another 7 Year Mandate. BIYA, Who Has Been In Power For Close To 43 Years, Tells Cameroonians As If He Is Coming In New, That: “I Sincerely Hope That We Resolutely Undertake To Build A Peaceful, United And Prosperous Cameroon”. BIYA Also Tells Cameroonians, That October 12 Presidential Election […]

Drawing Inspiration From SAMSUNG – An Example Of A Small Family Business In Japan, That Has Over The Years Grown To Become A Leading International Brand SAMSUNG, which today has a worldwide reputation for high quality mobile telephone, TV sets among others, is a Family Business that was created in Japan in the 60s. SAMSUNG […]

When JEAN TASSA Who Was Based In Bamenda Passed Away, Some Unscrupulous Lawyers, Magistrates And State Counsels, Schemed To Grab Huge Sums Of Money, And Property, From The Family Business, That The Business Magnate, Left behind After Losing Huge Sums Of Money To Dishonest Lawyers And Their Accomplices, And Also Realizing That the Matter Was […]

Gov’t Blamed For Being Indifferent When Conflicts Erupt Between Family Members, Over Family Businesses, When The Founders Pass Away Experts Points Out That The State And Some Other Families Are Also Affected, When A Family Business Crumbles Many experts and observers agree that one of major reasons why Family Businesses in Cameroon, fail to […]

Unlike Most Founders Of Family Businesses In Cameroon, The Founder of FAKOSHIP, Mola CHARLES NAMME MENYOLI, Groomed Some OF His Children In The Management Of The Business Empire Two Years After The Death Of Pa MENYOLI, The New Management Team Of FAKO SHIP Is Struggling Hard To Ensure The Survival Of The Family Business But […]

STANDARD CHARTERED BANK CAMEROON Has Been Officially Transferred To ACCESS BANK, Ending A Transition Process Which Started In July 2023.

The Number Of Commercial Banks In Cameroon, Which Last Year Rose To 19, Has Dropped Back To 18

Cameroon To Pay ACTIS 87 Billion FCFA To Take Over Its 51 % Shares In ENEO, While ACTIS Is Leaving Behind ENEO With A Colossal Debt Of 800 Billion FCFA

Director Of Electricity At MINEE, Admits That The Takeover Of ENEO Cameroon By The State, Does Not Mean An End To LOAD SHEDDING

SNH Strikes A Loan Agreement Deal Of $ 210 Million (118.2 Billion FCFA) With BGFI, For The Funding Of CSTAR Oil Refinery Project In Kribi

BITS AND PIECES ON THE OCTOBER 12, 2025 PRESIDENTIAL ELECTION IN CAMEROON – Tuesday, October 28, 2025): PART 1

Why Many Family Businesses In Cameroon Do Not Survive Their Founders (Part 19):

Why Many Family Businesses In Cameroon, Do No Survive Their Founders (Part 17): The Case Of Business Magnate, JEAN TASSA.

Why Many Family Businesses In Cameroon, Do Not Survive Their Founders (Part 18):

Why Many Family Businesses In Cameroon Do Not Survive Their Founders (Part 16): The Interesting Story About The Family Business, FAKOSHIP.

Embezzlement Scandal At Gabon’s Presidency (Part 2): Though In Bad Shape, President ALI BONGO Still Declared His Candidacy For The August 26, 2023 Presidential Election

STANDARD CHARTERED BANK CAMEROON Has Been Officially Transferred To ACCESS BANK, Ending A Transition Process Which Started In July 2023.

Embezzlement Scandal At Gabon’s Presidency (Part 1): President ALI BONGO, Married To A French Lady, Appointed French Man, BRICE LACCRUCHE ALIHANGA, As Director Of Cabinet

NGONDO Pays Homage To Two Great Sons Of Sawa, YONDO BLACK MANDENGUE And EKANE ANICET GEROGES, That Have Passed Away

PEACE AND JUSTICE BOTH WALK TOGETHER. PEACE CANNOT HOP ON ONE LIMB, AND SO DOES JUSTICE. BOTH FLOW LIKE A STREAM, LIKE AN UNENDING RIVER”

THE OCTOBER 12, 2025 PRESIDENTIAL ELECTION AND THE PERSISTENT RISE IN HATE SPPECH: