Cameroon’s ultimatum comes just weeks after the Central Bank of West African States (BCEAO) initiated a similar regulatory crackdown across the West African Economic and Monetary Union (WAEMU).
The 2025 Finance Act has been a game-changer, eliminating a 12.5% excise duty on EVs and offering a 50% tax break on batteries and charging infrastructure for two years.
Last year, HAVAÍC — a venture capital firm known for strategic tech investments and a recent exit from fellow emergency-tech startup RapidDeploy — invested $1.1 million in AURA through a bridge round, in partnership with AfricInvest.
Cameroon’s ultimatum comes just weeks after the Central Bank of West African States (BCEAO) initiated a similar regulatory crackdown across the West African Economic and Monetary Union (WAEMU).