2023: Tradex experiences rise in annual turn-over

By Ndumbe Bell Jospeh Gaston in Douala The commercial estuary for the supply of fuels for aircrafts and ships, Tradex, has realised its very first heart-throbbing profits since its inception in 1999. The trading institution for Societe Nationale des Hydrocarbures in Cameroon (National Hydrocarbons Company), netted a profit of FCFA 14.7billion and recorded 32 percent increase in turnover between 2019-2023 rising from FCFA 291.3 to FCFA 387.3 billion. Simon Paley of Tradex As to what is responsible for these rising fortunes, Tradex relates the growth to the diversification of its activities and looking at markets or commercial activities beyond Cameroon.…