MIRA INFORM REPORT

 

 

Report Date :           

25.05.2013

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

No trace

 

 

Payment Behaviour :

---

 

 

Litigation :

---

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Cameroon

b2

b2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CAMEROON ECONOMIC OVERVIEW

 

Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems confronting other underdeveloped countries, such as stagnant per capita income, a relatively inequitable distribution of income, a top-heavy civil service, endemic corruption, and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. The IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. Subsidies for electricity, food, and fuel have strained the budget. Cameroon recently began several large infrastructure projects, including a deep sea port in Kribi, a natural gas powered electricity generating plant, and several hydroelectric dams. Cameroon must attract more investment to improve its inadequate infrastructure, but its business environment is a deterrent to foreign investment.

 

Source : CIA

 

 

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Ecotra

 

ADDRESSES:

Main Address:                             B.P. 204

Zip code/City:                              Maroua, Cameroon

Telephone:                                  Not available

Fax:                                           Not available

Web site:                                    Not available

 

Profile

Established:                                -

Line of Business:                         -

Industry Division:                         -

Industry-code (NACE):                 -

Banks:                                        -

Employees:                                 -

 

CNPJ:                                         -

 

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

-

 

Official Administration:

-

 

Management

-

 

NEGATIVE INFORMATION

 

Public records information:

-

 

 

SHARE & SHARE CAPITAL INFORMATION

 

State Register:                            -

Legal form:                                  -

Incorporation date:                       -

Balance sheet filing date:             -

Tax Contributor Number (CNPJ):   -

Legal status:                               -

Responsible Register:                  -

 

PAYMENT INFORMATION

 

Import and Export:

 

Payment history:

No payment history is available.

 

Owners/-s:

-

 

 

FINANCIAL INFORMATION

 

Financial information:

No financial information is available.

 

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

 

 

ADDITIONAL INFORMATION

 

Main Activities:

-

 

Staff:

-

 

 

NOTES & COMMENTS

 

Searches of the company register in South Africa have been unsuccessful in locating a business “Ecotra”.

 

In spite of many efforts, it proved impossible to trace the company. We could not find a registration for this company with the local trade register, or with various other registers we could consult. There is also no telephone number listed under this name. We could also not find a website for the company. Searches via the stated address did also not yield any results. 

Important Note:

Kindly provide us with additional information such as Correct Name, Address, Contact Details, Name of Contact Person or a copy of the Upper Part of Letterhead within 15 days of receiving this report, a would be sent without any additional cost.

 

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.