Cameroon Steemit Njangi and Shares Program Weekly Report - Sunday 10 October 2021

in Steem Cameroon2 months ago


Four months ago, we started the Cameroon Steemit Njangi, a socio-economic activity aimed at fostering social cohesion among Cameroonian Steemians, economically empowering her members and also enabling them to start contributing their shares for the 100K SP Shares Program.
The Njangi comprises of 25 members who own a total of 56 shares as can be seen on the spreadsheet:

Below is a list of the Njangi Members and their total number of shares for the 100K SP Shares Program

SNNameNumber of SharesBNSNBNS

BNS = Benefited Njangi Shares
NBNS = Not Benefited Njangi Shares

@sofiasheen's share was bought and paid by @asangazinwi.

Two shares are currently available for sale!

22 SBD invested for sale at 18SBD

Buyers of the shares will be given 2 weeks to pay the shares.

If you are interested in any of the shares, please contact @thegreens via WhatsApp +237 676243136

56 shares have so far been given out to 25 Cameroonian Steemians via the Cameroon Steemit Njangi. 44 more shares will be sold in the months ahead.

By May 2022, these 25 Shareholders are expected to have raised the SP of @steem-cameroon by 28K Steem, and by May 2023, they are expected to have injected 56K SP into @steem-cameroon.

How the Cameroon Steemit Njangi works

Every week, Njangi members contribute 01 SBD per share and send to @steem-cameroon. This implies 56 SBD is contributed weekly.
50% of 52SBD out of the 56SBD contributed is then awarded to one Njangi member (Njangi Beneficiary) for their personal use and then 50% is used to pay their shares for the 100K SP Shares Program.
The remaining 4SBD is carried forward until it totals 52SBD to be handed to another beneficiary.
*In simple terms, the njangi program will run for 52 weeks during which all njangi members will contribute 1 SBD weekly making a total of 52 SBD of which 26 will be given back to them and 26 used to contribute for their shares.

Last week was the twenty-second week of the Cameroon Steemit Njangi and had as the Njangi Beneficiary.

We enter the 23rd Week of the Njangi with @metugejacy20 as Njangi Beneficiary.

At week 22, @Steem-cameroon has already raised 572 SBD and used to power up the community account.


  • Shareholders will always receive annual rewards besides receiving their regular upvotes as Cameroonian steemians for publishing content in the Steem Cameroon Community
  • The building of @steem-cameroon SP to 100K is to serve Cameroonian steemians of the Steem Cameroon community irrespective of whether they are part of the shares program or not.

Written for @steem-cameroon by @thegreens


 2 months ago 

Wow great initiative. I wish I could buy one of these shares 🤦‍♂️

 2 months ago 

Njangis❤️ what is making our community grow exponentially. 26SBD each week🎉🎉🔥
We are getting there. Can't wait to read the beneficiary posts

 2 months ago 

This is really a great step in making our community grow

 2 months ago 

This program is really great as it helps our community grow. Nice one Steem Cameroon

 2 months ago 

Wonderful program. I don't think there's anything like it on steemit. You all should keep up the good work🤗

 2 months ago 

At week 22, @Steem-cameroon has already raised 572 SBD and used to power up the community account.

Woow I most confess that this is a shocking news to me because I couldn't imagine we could come this far in powering up @steem-cameroon account with an outstanding 572 SBD. I'm extremely happy for the work and sacrifices we njangi members are doing in other to ensure that this project go through and I'm happy to be part of this project

 2 months ago 

Wow this is awesome, Steem Cameroon should keep growing, thank you for this opportunity that you have given for us to keep growing.

 2 months ago 

This is a great program and will make our community grow faster

 2 months ago 

Wow this njangi is really making the community to grow fast. I wish I was part of it.

 2 months ago 

Pls correct my name oh. It's @tjean

 2 months ago 

Wow Njangi will be this awesome? 😍
We are indeed getting there...

 2 months ago 

This is huge and aplendid. One of the greatest projects born and realise by @steem-cameroon . kudos. We are moving up ro the top

 2 months ago 

Thanks for the update. It's a good initiative for the growth of steemians

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