Economy Archives - The Mentor

Many Microfinance Institutions Are In Problem Because They Are Owed Huge Amounts Of Unpaid Loans. Many Of The Loans Were Granted In Violation Of The Text, Because Of Corruption. The Fact Is That When Somebody For Example Has To Give Up 5 Million FCFA (20 %) As Bribe, To Be Able To Get A Loan […]

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Many SMEs In Cameroon, That Are Unable To Get Loans From Commercial Banks, Are Turning To Microfinance Institutions (Credit Unions), For Loans. And The Managements Of Most Of These Financial Institutions, For Selfish Interest Prefer To Grant Loans To SMES Than Ordinary Members. Is “The Poor Man’s Bank”, Now Abandoning The “Poor Man”! Why are […]

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The Microfinance Institutions (Credit Unions) That We See Around Are Not All The Same, As They Are In Different Categories (1, 2, 3). Despite The Propaganda Being Made, The Fact Is That A Bulk Of Microfinance Institutions In Cameroon Are of Category 1, Which Is The Lowest. Also, Most Of Them, Just As Their Names […]

Statistics From The Ministry Of Finance Show That At The End Of December 31, 2020, There Was A Total Of 415 Microfinance Institutions In The Country. By The End Of December 31, 2022, The Total Number Of Microfinance Institutions Dropped To 402, While By The End Of December 31, 2025, The Total Number Dropped To […]

In Cameroon, The Two Anglophone Regions Continue To Dominate The Microfinance Sector. But Despite The Large Number Of Microfinance Institutions In The Country, The Contribution Of The Sector In Financing The National Economy Remains Low. However, Microfinance Institutions’ Support To SMEs, And The Role They Plays As The “Poor Man’s Bank”, Are of Great Importance. […]

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The City Mayor Fumes That There Are People Who Come To Douala, Make Big Money, But Carry Everything Away To Develop Their Areas Of Origin, While Making No Contributions To The Development Of Douala, Where The Make The Money. He Also Alleges That There Are People, With Vicious Intention To Destroy Douala, And Said They […]

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The GW Of PAD On Friday, Feb. 13 Wrote To The Minister Of Finance, And Complained About The Customs And SGS Cameroun. But In A Swift Response, Minister MOTAZE Distanced The Customs and SGS From Any Responsibility For The Crisis At the Port, and Bluntly Told The GM Of PAD: “I Demand That You Should […]

PM DION NGUTE Would Certainly NOT Have Convened The January 29, 2026 Inter-Ministerial Meeting, And Reject PAD’s Controversial Decision To Terminate The Contract Gov’t Signed With SGS , If, He And Others, Had Confirmation That President BIYA Gave His Accord, That Transatlantic D, Though Little Known, Should Replace SGS Scanning Cameroun At The Douala Port. […]

Transatlantic D. Announced On January 1, 2026, That It Would Start Merchandise Inspection (Scanning) At Douala Port On January 2. PAD And The Customs Administration Disagreed. That Sparked A Crisis (Blockage) At The Container Inspection Sector At The Port, Causing An Estimated Loss In Revenue Of 1.5 Billion FCFA Daily. An Emergency Meeting Was Convened […]

Also, Does The 2019 Presidential Decree To Reorganize The Port Authority of Douala (PAD), Which Gives PAD Powers To Negotiate And Sign Concessions Agreements, Also Gives The General Manager of PAD, CYRUS NGO’O, The Authority To Be Able To Cancel A Contract That Was Signed By The Gov’t? This Is The Main Question In The […]

Category: Economy

Part 5: The Biggest Problem ‘Killing’ Many Microfinance Institutions (Credit Unions) In Cameroon Today Is Bad Governance, Precisely Corruption.

Part 4: Why Elections Of Board Members Of Microfinance Institutions Are Today A Do Or Die Affair, Whereas Board Members Are Not On Salary

Part 3: So Far, Only Two Microfinance Institutions In The Country Have Developed Into Commercial Banks.

Part 2: While New Microfinance Institutions Spring Up Like Mushrooms In Cameroon, The Total Number These Financial Institutions Keeps Dropping, Annually.

Part 1: Cameroon Continues To Largely Dominate The Microfinance (Credit Union) Sector In Central Africa Sub – Region (CEMAC Zone).

City Mayor Of Douala Says The Sawa Land or People Are Traditionally Peaceful And Hospitable, And Lashes Out At Some ‘Settlers’ For Abusing The Hospitality

Crisis At Douala Port (Part 6): Plunged Into Panic By The Ultimatum Of GECAM, The General Manager Of PAD Has Desperately Been Trying To Shift Blame To Others

Crisis At The Douala Port (Part 7): Gov’t Remains Determined To Respect The Terms Of The Contract That Was Signed With SGS In 2015

Crisis At The Douala Port (Part 3): CYRUS NGO’O / NGOH NGOH Camp Ignored Finance Minister, And Pushed On With Their Transatlantic D Project At Douala Port.

Crisis At The Douala Port (Part 2): Why Is It That The 10 Year Contract That Gov’t Signed With SGS In 2015, Will Instead End In 2032?

Part 5: The Biggest Problem ‘Killing’ Many Microfinance Institutions (Credit Unions) In Cameroon Today Is Bad Governance, Precisely Corruption.

Part 4: Why Elections Of Board Members Of Microfinance Institutions Are Today A Do Or Die Affair, Whereas Board Members Are Not On Salary

Sir Dr Barrister NICO HALLE Receives Distinction As “MOST CELEBRATED, UNWAVERING PEACE CRUSADER, AND ANTI CORRUPTION CHAMPION OF THE DECADE”.

Sir Dr Barrister NICO HALLE Receives Distinction As “MOST CELEBRATED, UNWAVERING PEACE CRUSADER, AND ANTI CORRUPTION CHAMPION OF THE DECADE”.

2026 World Press Freedom Day: ‘FREEDOM WITHOUT RESPONSIBILTY, IS A RISK WE CANNOT AFFORD”, Prof WILLIBROAD DZE – NGWA

British High Commissioner To Cameroon, HE Matthew David Woods, Finds Sir Dr Barrister Ntumfor Nico Halle Award Gallery, “VERY IMPRESSIVE”.