AGP Executive Report
Last update: 12 hours agoMining Crackdown: Cameroon begins Aug 1 recovery drive to reclaim over $500m in unpaid gold taxes and customs, targeting 51 companies and 33 sites after a gap between declared output and shipments. Mining Reform: The government also launches stepped-up controls and traceability to curb under-reported gold production and smuggling losses. Zircon Investment: Chinese investors pitch a CFAF45.2bn zircon mining and processing project in the East Region, aiming for 500 direct and 1,500 indirect jobs and local first transformation before export. Agribusiness Incubation: MINPMEESA and CAPEF sign a deal to formalize incubation at EPABA Business Lab in Ambam, supporting rural SMEs in agriculture, livestock, fisheries and forestry. Port & Trade: Cameroon opens talks with MSC-linked Terminal Investment Limited to revive the long-delayed Limbe deep-sea port project. Infrastructure Watch: Yaoundé’s northern entry road expansion is only 25.86% complete despite most of the contract period passing, with land release and utility relocations blamed. Census Pressure: MINAT issues an urgent directive to speed up RGPH-4 and the agriculture module ahead of the July 31 deadline. Finance & Regional Banking: Afriland First Bank opens in the Central African Republic, pushing deeper regional financial inclusion. Entrepreneurship: Mboa Jeunes Créatifs selects 48 Cameroonian entrepreneurs for incubation across green economy, digital, social economy and crafts.
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