Friday, February 20, 2026
Newswatch
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Sign Up
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Newswatch Cameroon
No Result
View All Result
Home Economy

Douala Port redistributes FCFA 2billion in rebates to business partners

Louis Bitbeng by Louis Bitbeng
May 3, 2025
in Economy
0
Douala Port redistributes FCFA 2billion in rebates to business partners

PAD, RTC officials in group photo with rebates beneficiaries

0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

The Port Authority of Douala (PAD) has offered financial incentives worth FCFA 2billion (excluding taxes) to business partners in recognition of their significant contribution to the growth of port traffic in 2024. The commercial rebates were distributed to ship owners, importers and exporters – business partners of the Douala Port Container Terminal (RTC S.A.) during a ceremony in the country’s Economic Capital on April 25, 2025.

The Deputy Director General of PAD, Charles Moukoko Njoh; the Managing Director of RTC Lin Dieudonne Onana Ndoh and the Director General of Cameroon National Shippers Council (CNCC), Auguste Mbappe Penda were among top officials at the third edition of the ceremony to hand over the commercial rebates to beneficiaries.

Some 104 loyal customers benefitted from the financial incentive distributed proportionally based on the volume of container traffic measured in twenty-foot equivalent units (TEUs).

From the total amount of FCFA 2billion, 20% was offered to ship owners and 80% to importers and exporters. This brings to FCFA 6billion the total amount PAD has redistributed to business in three years.

The total amount of 2 billion CFA F was allocated as follows: For the purpose of distribution to ship owners, beneficiaries of the rebate must be up to date with their arrears to RTC SA and demonstrate a minimum traffic of 10,000 full twenty-foot equivalent units (TEUs).

Ship owners who achieved the minimum traffic required, received the allocated amount proportionally to their on-board traffic in full TEUs.

Notable recipients this year included Maersk Line Agency Cameroon SA, which received the largest rebate of FCFA 168.8 million topping ship owners. Some 32 indigenous importers were also rewarded with major fish importer and distributor, Congeles du Cameroon (CONGELCAM), benefiting rebates worth FCFA 68.1 million.

The Cameroon Cotton Development Company (SODECOTON) received a rebate of 102.7 million, topping the 54 companies that made up the national exporters category.

RTC business partners in neighbouring countries like Chad, the Central African Republic and the Republic of Congo were also recognized during the ceremony with PAD officials saying they will receive their financial incentives in their various countries in the coming days.

Speaking during the ceremony,  the Managing Director of the Container Terminal,  Lin Dieudonne Onana Ndoh promised that as long as the Port Authority is in operation,  the recognition of its client, who are the shippers and ship owners, will always take place.

“This is a recognition of the contribution that the shippers and ship owners  bring to the economy of the nation and the sub-region. If those two components are not present, the economy will be stagnant, and port activities will not move,” Onana Ndoh said. 

The Deputy General Manager of PAD said the maritime facility remains committed to fostering strong partnerships with its clients while encouraging performance and promoting maritime traffic development at the Port of Douala-Bonaberi, a key economic hub in Central Africa.

Smiling with their cheques in hand, the Douala Port rebates beneficiaries promised to do more business with the maritime firm to benefit even more in the coming years. Speaking on behalf of Maersk Line Agency, Ezekiel Kounga said the company was happy to receive an amount more than it was given the previous year, pledging they will continue doing business with RTC.

“We have achieved a much higher performance than that of last year. This shows that we are in a process of continuous improvement and we were riveted in this momentum,” Kounga said. “By this we affirm our support for RTC and we will continue to support RTC in its development project and we hope to do better next year,” he said.

Tags: Cameroon National Shippers CouncilLin Dieudonne Onana Ndoh

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Tony Elumelu Foundation Opens 2026 Entrepreneurship Programme
Economy

Tony Elumelu Foundation Opens 2026 Entrepreneurship Programme

January 12, 2026
Orange Cameroun honours dedicated staff at Silver Jubilee fete
Economy

Orange Cameroun honours dedicated staff at Silver Jubilee fete

January 7, 2026
In New Year message: Dreamland Connect PLC Management commits to improve entertainment experience
Economy

In New Year message: Dreamland Connect PLC Management commits to improve entertainment experience

January 6, 2026
Access Bank partners with IFC, AGF, launches Cameroon’s first-ever Womenpreneur Pitch-A-Ton
Economy

Access Bank partners with IFC, AGF, launches Cameroon’s first-ever Womenpreneur Pitch-A-Ton

November 27, 2025
Nigerian billionaire Tony Elumelu keen on diversifying investments in Cameroon
Economy

Elumelu embarks on Pan-African tour championing entrepreneurship, infrastructure, and inclusive growth

November 10, 2025
Timber logs export ban in CEMAC could up revenue by 25% – expert
Economy

Timber logs export ban in CEMAC could up revenue by 25% – expert

October 2, 2025
NewsWatch newspaper of Wednesday June 15.

NewsWatch newspaper of Wednesday June 15.

June 14, 2022
Hon Ngala Gerard donates to newly-created GTC Tabenken

Hon Ngala Gerard donates to newly-created GTC Tabenken

November 25, 2020
UK-Cameroon ties celebrated at King Charles’ birthday in Yaounde

UK-Cameroon ties celebrated at King Charles’ birthday in Yaounde

May 15, 2024
Return to MMA: Ngannou says he wants to continue proving doubters wrong

Return to MMA: Ngannou says he wants to continue proving doubters wrong

October 18, 2024
North West Region: Bangolan at risk of starvation as separatist lockdowns imperil agric sector

North West Region: Bangolan at risk of starvation as separatist lockdowns imperil agric sector

September 28, 2024
Cameroonian tech startups miss out as NBA Africa unveils 2025 Triple-Double Accelerator finalists

Cameroonian tech startups miss out as NBA Africa unveils 2025 Triple-Double Accelerator finalists

December 2, 2025
Together We Thrive: A Commonwealth fit for the future

Together We Thrive: A Commonwealth fit for the future

March 11, 2025

At Yaounde colloquium: SFCG Cameroon, LOYOC rally stakeholders to advance youth, peace and security scheme

November 27, 2024

Cameroon’s Toghu marathoner to promote education with proceeds from strenuous Antarctica race

May 2, 2025

Battle-weary Bamenda ranked cheapest city to live in!

July 3, 2024

African culinary art takes stage as season II of Diaspora Kitchen Festival opens in Cameroon

February 22, 2025

UK-Cameroon ties celebrated at King Charles’ birthday in Yaounde

May 15, 2024

Gov’t restores Kambele gold to artisanal miners

August 20, 2025

Anglophone crisis: Queen Mothers want end !

December 25, 2020

NewsWatch newspaper of Wednesday June 15.

June 14, 2022

Front page of NewsWatch newspaper No 183, Monday, August 5, 2024.

August 4, 2024
NewsWatch Cameroon

Trustworthy, timely and tenacious: that's our newspaper. For 10 years, we have delivered quality journalism that informs, inspires and challenges our readers. Join us as we continue to make a difference in the world of news.

#NewsWatch@10

  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

Sign Up for our News letters

NewsWatch Cameroon Anniversery

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC

No Result
View All Result
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC