Pius Lukong

Cameroon

Reporter at Bloomberg News

Articles

Fragile Cocoa Supply Faces Harshest Harmattan Season Since 2019

Jan 23, 2025 | bloomberg.com | Grace Gitau |Maddie Parker |Pius Lukong

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Cocoa Futures Gain as Ivory Coast Rains Slow Harvest, Delivery

Oct 14, 2024 | bloomberg.com | Pius Lukong |Baudelaire Mieu

Cocoa futures in London extended gains as heavy rains in top grower Ivory Coast hamper the new season harvest and the delivery of beans to ports, the latest threat to global supplies. “The rains surprised everyone because it is not the time of the normal rainy season,” Julien Gonkapieu, a farmer in western Ivory Coast said. “The waters have not receded. Roads are still inaccessible to transport cocoa beans from plantations to collection centers.”
Cocoa Futures Gain as Ivory Coast Rains Slow Harvest, Delivery

Oct 14, 2024 | bnnbloomberg.ca | Pius Lukong |Baudelaire Mieu

(Bloomberg) -- Cocoa futures in London extended gains as heavy rains in top grower Ivory Coast hamper the new season harvest and the delivery of beans to ports, the latest threat to global supplies. “The rains surprised everyone because it is not the time of the normal rainy season,” Julien Gonkapieu, a farmer in western Ivory Coast said. “The waters have not receded.
Cameroon Government Bans Debate About Absent President’s Health

Oct 10, 2024 | bloomberg.com | Pius Lukong

Cameroon’s government banned media debate about the health of President Paul Biya, whose absence from public view since last month has stoked speculation about his wellbeing. Anyone found to be discussing the nonagenarian leader’s health will “face the full force of the law,” Territorial Administration Minister Paul Atanga Nji said in a statement in the capital, Yaounde.
Cameroon Bonds Drop as Investors Weigh Political Stability Risk

Oct 9, 2024 | bloomberg.com | Colleen Goko-Petzer |Pius Lukong

Cameroonian dollar bonds dropped for a third consecutive day as speculation about the health of the nation’s president raised concerns about a potential succession battle. The country’s debt ranked among the worst performers Wednesday in an index tracking frontier and emerging market sovereign bonds. President Paul Biya has been absent from public view since early September, though the government said the 91-year-old leader was healthy.
Cameroon Bonds Drop as Investors Weigh Political Stability Risk

Oct 9, 2024 | nz.news.yahoo.com | Colleen Goko |Pius Lukong

(Bloomberg) -- Cameroonian dollar bonds dropped for a third consecutive day as speculation about the health of the nation’s president raised concerns about a potential succession battle. Most Read from BloombergSan Francisco to Shut 9% of Public Schools Amid Budget WoesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationShould Evictions Be Banned After Hurricanes and Climate Disasters?
Cameroon Bonds Drop as Investors Weigh Political Stability Risk

Oct 9, 2024 | bnnbloomberg.ca | Colleen Goko |Pius Lukong

(Bloomberg) -- Cameroonian dollar bonds dropped for a third consecutive day as speculation about the health of the nation’s president raised concerns about a potential succession battle. The country’s debt ranked among the worst performers Wednesday in an index tracking frontier and emerging market sovereign bonds. President Paul Biya has been absent from public view since early September, though the government said the 91-year-old leader was healthy.
Cameroon Says President Biya Is Well Despite Long Absence

Oct 8, 2024 | bloomberg.com | Pius Lukong

Cameroon has assured that its nonagenarian President is well, following his long absence from the central African country. “The President is in good health and will be back in the country any moment from now,” Rene Emmanuel Sadi, minister of communication and government spokesman, said in a statement read on state radio broadcaster.
Cameroon Says President Biya Is Well Despite Long Absence

Oct 8, 2024 | bnnbloomberg.ca | Pius Lukong

(Bloomberg) -- Cameroon has assured that its nonagenarian President is well, following his long absence from the central African country. “The President is in good health and will be back in the country any moment from now,” Rene Emmanuel Sadi, minister of communication and government spokesman, said in a statement read on state radio broadcaster. Paul Biya, 91, who has ruled the region’s biggest economy since 1982, has not been seen in public since early September, sparking rumors of his death.
Africa Floods Affect 4 Million People, Deepen Food Crisis

Sep 18, 2024 | insurancejournal.com | Katarina Hoije |Matthew Hill |Pius Lukong

Floods across 14 central and West African nations have affected at least 4 million people — rendering many of them homeless — killed about 1,000 and are devastating crops in a region that’s already short of food and plagued by insecurity. The heavy rains in the western half of the semi-arid Sahel zone, which borders the southern Sahara Desert from Africa’s west to east coasts, are likely to persist, according to the Famine Early Warning Systems Network.