AGP Executive Report

Mining Governance Push: Cameroon’s National Assembly session opened with calls for tighter transparency and oversight in mining, including clearer rules on how revenues are collected, managed and shared, and reforms on land tenure. SAGO 2026 PPP Drive: At SAGO 2026 in Yaoundé, government stressed public-private partnerships as a financing lever for an “emerging Cameroon,” while the mining ministry flagged major gaps between declared gold and what is actually produced, citing widespread illegality and court actions against operators. FDI Climate Snapshot: A new UNIDO-IPA report on Cameroon’s business climate (based on surveys of 75 foreign direct investment firms from 2023–2025) says many investors want to expand, with past reinvestments and planned reinvestments reported, but fewer firms have turned intentions into concrete plans. Urban Mobility & Flood Control: AFD-backed PLIDY projects in Douala and Yaoundé are progressing, including new bus stations and intersection redevelopment aimed at easing flooding risks and chronic traffic congestion. Telecom & Health Access: MTN Cameroon’s Y’ello Care 2026 is building a healthcare laboratory in Japoma to expand equitable access for growing communities.

FDI & Investment Climate: A new UNIDO-IPA report on Cameroon’s business climate, based on surveys of 75 foreign direct investment firms (2023–2025), says nearly half are “strong anchors” driving over 92% of surveyed jobs, with US$86.1m already reinvested and US$166.8m planned—though only 44% have turned expansion intentions into concrete plans. Parliament & Mining Governance: Cameroon’s House Speaker Theodore Datouo urged stronger transparency and oversight in mining, plus answers on how revenues are collected, managed and shared, as MPs push for reforms on land tenure and public policy results. Urban Infrastructure & Transport: AFD’s PLIDY programme is advancing flood-control and mobility works in Douala and Yaoundé, including two modern bus stations and intersection redevelopments, with environmental and social safeguards built in. Agri-Exports: Cameroon banana exports rose 19.9% year-on-year to 106,447 tons in Jan–May 2026, led by Compagnie Fruitière subsidiaries, despite dry-season pressure. Trade Diplomacy: Cameroon and the UAE opened talks on a possible Comprehensive Investment Partnership Agreement to grow non-oil trade (US$1.24bn in 2024) and shift investment toward value-added industries. Internships & Skills: The Higher Education Ministry signed partnerships with Sopecam, Camtel and CCAA to expand internships in media, telecoms and civil aviation—aiming to cut youth unemployment and improve job-ready skills. Road Projects (Regional Industry Link): Nigeria’s works minister Dave Umahi says colonial-era road corridors are being revived under Tinubu’s agenda, including the Calabar–Ebonyi–Benue Trans-Saharan Superhighway, with dualisation and phased progress—relevant to regional logistics and agricultural trade corridors.

Trade Diplomacy: Yaoundé and Abu Dhabi opened talks on a new trade and investment framework, including a possible Comprehensive Investment Partnership Agreement, as non-oil trade hit $1.24bn in 2024 and both sides push value-added investment. Higher Education-to-Work: Cameroon’s Ministry of Higher Education signed internship partnerships with Sopecam, Camtel and the CCAA to boost practical placements in media, telecoms and civil aviation—aiming to cut youth unemployment and align curricula with employer needs. Agri-Exports Watch: Cameroon banana exports rose 19.9% year-on-year to 106,447 tons in Jan–May 2026 despite dry-season pressure, led by Compagnie Fruitière subsidiaries. Cocoa Price Pressure: CEMAC agricultural export earnings face a hit as BEAC data show agricultural export prices fell 21.8% in Q1 2026, driven mainly by a 24.6% cocoa price drop. Energy & Infrastructure: Kribi’s hydrocarbons terminal is moving toward larger storage capacity, while SCDP and PAK are advancing implementation of a new Kribi petroleum depot project to strengthen downstream logistics and energy security. Mining & Industry Events: Promote 2026 opens in Yaoundé (June 12–21) with a focus on SMEs and the business environment, drawing about 1,000 exhibitors. AI for Business: MTN targets R30bn in AI value creation over five years, starting with internal efficiency, with consumer and business AI applications following.

Agri-Exports Watch: Cameroon’s banana exports rose 19.9% year-on-year in the first five months of 2026, reaching 106,447 tons despite dry-season pressure, with Compagnie Fruitière’s PHP and CDBM driving most of the gains. Cocoa & Prices: CEMAC agricultural export earnings face headwinds as international prices fell sharply in Q1 2026, led by a 24.6% cocoa price drop, with coffee also down. Business Climate & Trade Fairs: Promote 2026 opens June 12 in Yaoundé, aiming to connect SMEs and investors across agriculture, energy, manufacturing, construction, mining and infrastructure, after a late surge in registrations. Energy & Infrastructure: Kribi’s hydrocarbons push moves forward as SCDP and PAK partner to ease implementation of the Kribi Hydrocarbons Terminal, targeting major storage capacity for refined products and LPG. Investment Diplomacy: Cameroon pitches agro-processing, aquaculture, cotton transformation and palm oil to Moroccan investors ahead of the Casablanca Finance City Africa Tour, while Yaoundé and Abu Dhabi discuss a new investment partnership framework. Security & Industry: Douala’s gendarmerie dismantled a counterfeit currency production operation, seizing industrial printing equipment and arresting suspects including a Chinese national. Skills for Industry: Yaoundé’s Creative Corner launches to train 13–18-year-olds in craft and design skills like weaving, leatherwork and footwear, supporting Cameroon’s creative economy pipeline.

Banana Export Boost: Cameroon’s banana exports rose 19.9% in the first five months of 2026 to 106,447 tons, with Compagnie Fruitière’s PHP and CDBM driving most of the gains despite dry-season pressure. Cocoa Price Pressure: CEMAC agricultural export earnings face a hit as international commodity prices fell sharply in Q1 2026, led by a 24.6% cocoa price drop. Business & Trade Promotion: Promote 2026 opens June 12 in Yaoundé, aiming to connect SMEs and investors across agriculture, energy, manufacturing, construction and mining, with the venue now fully booked. Energy & Infrastructure: SCDP and PAK move forward on the Kribi hydrocarbons terminal, with a first-phase plan for 140,000 m³ refined products storage and 12,000 tonnes LPG, as implementation ramps up. Mining & Industry Governance: The Baraza Mining Forum spotlights obstacles to Cameroon’s mining ambitions, while Parliament’s June session flags mining reforms and the 2027 budget. Regional Finance & Logistics: Cameroon’s trade push continues via talks with the UAE on a possible investment partnership framework, while Kribi rail corridor planning links government and AGL for faster movement of goods. Security Crackdown: Douala gendarmes dismantled a large counterfeit currency production operation, arresting suspects including a Chinese national. Skills & Youth: Yaoundé hosts Creative Corner, expanding craft-based training for 13–18 year-olds, and a campus leaders congress highlights student-led digital solution building.

Kribi Hydrocarbons Terminal: SCDP and PAK signed protocol deeds and inspected the Mboro site as Cameroon moves to implement a new terminal with first-phase storage of 140,000 m³ for refined products and 12,000 tonnes of LPG. Niger Basin Climate Programme: Cameroon’s economy ministry met the Niger Basin Authority to speed delivery before the programme closes, with support from AfDB, the Green Climate Fund, EU and Germany; Cameroon has over FCFA 9bn earmarked. Education & Engineering: Yaoundé International Business School appointed Prof Ndikontar as new Vice Chancellor, alongside a pioneer Director for the newly created International School of Engineering, Science and Technology (ISEST). Climate Action Recognition: SHUMAS Director Yaah Bilan Nyuykighan Njodzeka won a Climate Change Award in Bamenda for long-running environmental and renewable energy work. Trade & Investment: Cameroon pitched agro-processing, aquaculture, cotton transformation and palm oil to Moroccan investors ahead of the Casablanca Finance City Africa Tour; Cameroon and the UAE also discussed a possible Comprehensive Investment Partnership Agreement. Security & Industry: Douala gendarmerie dismantled a large counterfeit currency factory, arresting suspects including a Chinese national. Telecom Heritage: CAMTEL launched Cameroon’s first Telecommunications Museum exhibition in Yaoundé.

Fertilizer & Agro-industry: Daewoo E&C says it has completed Nigeria’s Indorama Fertilizer III project on schedule, a $265m urea/ammonia plant expected to boost fertilizer supply for agriculture. Industrial Power & Jobs: Cameroon’s northern cement sector took a hit as Cimencam’s Figuil plant shut down due to the energy crisis, putting nearly 200 jobs at risk and halting quarry supply. Road Infrastructure & Finance: An Indian firm, Ashoka Buildcon, has entered talks to help finance and build Cameroon’s $2.2bn Yaoundé bypass under an EPC-plus-financing approach. Mining Governance: The Baraza Mining Forum in Yaoundé spotlighted the real bottlenecks to Cameroon’s mining ambitions—transport, energy, financing, governance, local content, and processing capacity. Land & Palm Oil: A land dispute involving Apouh à Ngog, the state and Socapalm was postponed to July 2 after a courthouse power outage. FDI & Employment: A Cameroon study finds joint ventures drive most jobs for foreign investors, with partnerships employing about 60% of reported workers. Trade & Commodities: BEAC reports a rebound in CEMAC export commodity prices in Q1 2026, led by higher energy prices. Security & Illicit Industry: Douala gendarmes dismantled a counterfeit currency production operation, arresting suspects including a Chinese national and seizing industrial printing equipment. Telecom Heritage: CAMTEL launched Cameroon’s first Telecommunications Museum exhibition in Yaoundé, documenting the sector’s evolution.

Mining Governance: Cameroon’s National Assembly opened its 2026 session in Yaoundé, pushing stronger oversight of mining revenues, plus land governance reforms ahead of the 2027 budget debate. Power & Industry: A northern Cameroon energy crisis has shut down Cimencam’s Figuil cement plant, putting nearly 200 jobs at risk and stopping quarry production. Mining Ambitions: The Baraza Mining Forum in Yaoundé spotlighted the real bottlenecks to Cameroon’s mining push—transport, energy, financing, governance, local content, and industrial processing capacity. Land & Palm Oil: The Apouh–Socapalm land dispute was postponed to July 2 after a courthouse power outage, with residents seeking return of nearly 200 hectares. FDI & Jobs: A UNIDO-API survey says joint ventures dominate employment in Cameroon—42.7% of firms but 60.5% of jobs—suggesting bigger workforces than wholly foreign-owned firms. Transport Infrastructure: Cameroon is seeking financing partners for the Yaoundé bypass; Indian firm Ashoka Buildcon proposes an EPC-plus-financing approach for a project estimated above CFA1.26 trillion. Agribusiness & Food Security: Cocoa prices in Cameroon are edging up as the 2025-26 season nears its end, while government also moves to tackle palm oil supply shortages through stakeholder resolutions. Digital Payments: Yuno and Onafriq announced integration to connect merchants to 43 African markets via one API, targeting cross-border payment friction. Aquaculture & Ports: Kribi port and the livestock ministry signed a partnership to support fish farming in the Kribi Port Industrial Zone, including land allocation for operators.

Parliament & Mining Oversight: Cameroon’s National Assembly opened its 2026 session in Yaoundé, pushing stronger oversight of the mining sector, tighter land governance reforms, and sharper scrutiny of how mining benefits reach communities—alongside budget preparations for the 2027 spending debate. Aquaculture & Port-Led Growth: Kribi port authorities and the Livestock ministry signed a partnership to expand fish farming, including allocating 10 plots in the Kribi Port Industrial Zone and easing access to port services to support local aquaculture and cut fish imports. Rail Corridor for Logistics: AGL and CAMALCO signed an MoU with government to advance the Edea–Kribi–Lolabé–Campo railway, updating studies and structuring financing for a ~185km line meant to lower transport costs and strengthen Kribi as a logistics hub. Industrial Policy & PPPs: SAGO 2026 opened in Yaoundé with a focus on public-private partnerships to finance infrastructure and industrialisation under NDS30, aiming to draw about 300,000 visitors. Payments for Trade: Yuno partnered with Onafriq to give merchants access to 43 African markets and nearly 1 billion mobile wallets via one API, targeting faster scaling across fragmented payment rails. Energy & Materials: Cameroon moved to speed up Kribi bitumen production with customs incentives and a refining license for All Bitumen Cameroon Plc, aiming to reduce import dependence for road construction inputs. Agri Markets: Cocoa prices in Cameroon ticked up to CFA1,650–CFA1,700/kg as the 2025–26 season nears its July 15 end, though still far below early-season expectations. Security & Finance Crime: Security forces intensified action against counterfeit currency networks in Douala and Yaoundé, including alleged production of fake CFA coins and trafficking of counterfeit banknotes. AI for Industry: MINRESI launched the first Artificial Intelligence Week (June 8–12) to build a more local AI framework tied to scientific research and innovation.

Aquaculture & Ports: Cameroon’s Livestock ministry and the Port Authority of Kribi (PAK) signed a deal to expand fish farming in the Kribi Port Industrial Zone, with PAK set to allocate 10 plots to investors and aquaculture operators and facilitate access to port services, aiming to boost local production and cut fish import dependence. Rail & Logistics: Government, Africa Global Logistics (AGL) and CAMALCO signed an MoU to update studies and structure financing for the Edea–Kribi–Lolabé–Campo rail corridor (about 185 km), targeting lower transport costs and stronger Kribi port connectivity. Agri-Business & Trade Policy: Cameroon’s palm oil stakeholders met to tackle a palm oil shortage, with supply falling below 10,000 tonnes and informal bulk sales undermining formal revenues; resolutions call for higher production, better value-chain links, traceability, and capacity checks by the Ministry of Trade. Energy & Industry: Cimencam Figuil (Cimfig) suspended operations just one year after launch due to electricity shortages on the Northern Interconnected Grid, following Socadel’s disconnection of the plant amid a “major energy crisis.” Agri-Exports: Cameroon banana exports rose 1.5% in May 2026 as smaller growers (CDC, CDBM) offset a drought-hit decline from PHP, which recorded its lowest monthly export volume of the year so far. Mining Safety: A landslide at an illegal artisanal gold site in the Central African Republic killed eight miners, including seven suspected foreign nationals, as rescue operations continued. Regional Security & Trade: Borno traders urged Nigeria’s PEBEC to rehabilitate dilapidated international road corridors linking Maiduguri to routes toward Cameroon and Chad to revive cross-border commerce.

Energy & Industry Disruption: Cimencam Figuil (Cimfig) has suspended cement production in northern Cameroon just one year after launch, blaming a major electricity crisis and load-shedding on the Northern Interconnected Grid. Transport & Trade: Africa Global Logistics has joined Cameroon’s government and CAMALCO to develop the Edéa–Kribi–Lolabé–Campo rail corridor, aiming to move mining and industrial cargo faster to the deep-water Port of Kribi. Customs & Digital Revenue: Cameroon’s Directorate General of Customs says it collected over CFA600m in phone import duties in 60 days after introducing an electronic enforcement system using IMEI-based declarations. Agribusiness: Cameroon banana exports rose 1.5% in May 2026 as smaller producers (CDC, CDBM) offset drought-hit declines from PHP. Regional Business Environment: BOCCIMA traders in Borno urged PEBEC to rehabilitate key international road links to revive cross-border trade across Nigeria, Niger, Cameroon and Chad. Security & Mining Safety: A landslide at an illegal gold mining site in the Central African Republic killed at least eight artisanal miners. Power Sector Finance: SOCADEL adopted a CFA630bn recovery plan to stabilize electricity procurement, investments and inherited sector debt. Innovation & Skills: Yango and Zindi hosted a Yaoundé mobility AI hackathon, with 300+ participants submitting 861 models to improve urban transport prediction.

Rail & Industry: Cameroon, through Africa Global Logistics and CAMALCO, signed on the Edéa–Kribi–Lolabé–Campo railway corridor to link production and mining areas to the deep-water Port of Kribi, boosting freight and investor appeal around the Kribi Port Industrial Zone. Power Sector: SOCADEL adopted a CFA630bn recovery plan to stabilise electricity procurement, tackle inherited legacy debt and negotiate refinancing with development lenders amid persistent outages. Trade & Customs: Cameroon’s Directorate General of Customs says it collected over CFA600m in phone import duties in 60 days using an electronic enforcement mechanism tied to CAMCIS declarations and IMEI tracking. Agri-Exports: Cameroon banana exports rose 1.5% in May 2026 to 14,690 tons as smaller growers (CDC, CDBM) offset drought-hit volumes from PHP. Digital Skills & Mobility: Yango and Zindi ran a Yaoundé AI hackathon for urban mobility, drawing 300+ participants and 861 model submissions. Maritime Governance: BEAC suspended new refinancing under a productive-investment facility for CEMAC, while a separate regional push targets stronger port state control capacity in West and Central Africa. Energy Infrastructure: SCDP is expanding its Bonabéri LPG terminal with a new integrated loading system to nearly double daily loading capacity and speed deliveries.

CEMAC Finance: BEAC has temporarily halted new refinancing requests under its productive-investment facility (Window B) to modernize the operating framework, though it will still process applications already submitted. Customs & Digital Trade: Cameroon’s DGD says it collected over CFA600m in phone import duties in 60 days after introducing electronic enforcement using CAMCIS and IMEI-based declarations—far above prior collections. Energy & Industry: SCDP is expanding its Bonabéri LPG terminal with a new integrated loading system (truck and rail), aiming to nearly double daily loading capacity from 1,000 to ~1,950 tons and boost rail loading. Transport Infrastructure: Cameroon signed an MoU to develop the Edéa–Kribi–Lolabé–Campo rail corridor with Africa Global Logistics and CAMALCO, targeting better freight links between production zones and the Port of Kribi. Power Sector Reality Check: Nachtigal’s output has risen (3.6 TWh since full operations), but outages persist due to gaps in transmission, substations and distribution. Agribusiness Exports: Cameroon banana exports rose 1.5% in May 2026 to 14,690 tons, driven by CDC and CDBM despite lower PHP volumes.

Rail & Ports: Cameroon signed an MoU to develop the Edéa–Kribi–Lolabé–Campo railway corridor with Africa Global Logistics and CAMALCO, aiming to link production zones to the Port of Kribi and the industrial-port hub for mining and faster regional cargo flows. Energy Reliability: Nachtigal’s hydro plant has reached about 3.6TWh since full operations in May 2025, but outages persist, pointing to gaps in transmission, substations and distribution. Petroleum Storage Build-out: Kribi hydrocarbon terminal progress continues after presidential financing approval, with Phase 1 targeting 140,000 m³ petroleum products and 12,000 tonnes LPG, scaling to 230,000 m³ and 40,000 tonnes LPG. Investment Climate: CCIMA in Douala held a sensitisation on the 2025 investment incentives ordinance, explaining how investors and SMEs can access new schemes to boost industrialisation and jobs. Maritime Governance: Cameroon’s region watches as Nigeria prepares a Lagos workshop for West and Central African maritime chiefs on port state control and safer, more competitive corridors. Environment & Biodiversity: UNESCO added 14 new biosphere reserves worldwide, including Cameroon’s Takamanda–Cross River Gorilla site, as part of World Environment Day conservation push. Healthcare Outreach: A Chinese medical team delivered free specialist care to over 230 patients in Ngat-Bane near Yaoundé, including treatment and medicines for vulnerable residents.

Energy & Power Reliability: Cameroon’s Nachtigal hydro plant hit 3.6 TWh injected since full operations in May 2025, but outages persist—highlighting that transmission, substations and local distribution still lag behind new generation. Petroleum Storage & Ports: Kribi hydrocarbon terminal project moved into a new phase after presidential financing approval; first phase targets 140,000 m³ petroleum products and 12,000 tonnes LPG, scaling up to 230,000 m³ and 40,000 tonnes. Investment Climate: CCIMA and API sensitised investors in Douala on the 2025/002 investment incentives ordinance, aiming to boost productive investment, jobs and industrialisation. Trade Facilitation: Cameroon and Chad customs held talks in Yaounde to make the Kribi–Douala–N’Djamena corridor safer and more fluid, with 75–80% of Chad’s imports passing through Cameroon ports. Agro-Industry Exports: Cameroon banana exports rose to 14,690 tons in May 2026, driven by CDC and CDBM gains that offset weaker shipments from PHP. Industrial Policy & Skills: AfDB-backed programmes to train workers for Cameroon’s industrial sectors were highlighted, alongside new education-to-employability partnerships involving MINESUP and telecom partners.

Rail & Ports Industrialization: Cameroon signed an MoU for the Edéa–Kribi–Lolabé–Campo railway, setting up a public-private framework with AGL and CAMALCO to update studies, design, finance, build, and operate the line—aimed at boosting connectivity for industrial growth. Agro-Exports: Cameroon’s banana exports rose modestly in May to 14,690 tons (+1.5% y/y), with gains from CDC and CDBM offsetting weaker output from Plantations du Haut Penja during the dry-season slowdown. Mining & Local Value: CEPI’s Yaoundé AfCFTA roundtable pushed reforms so Cameroonian firms can better use the Guided Trade Initiative and scale exports, citing early wins like safou and ginger shipments to Ghana. Telecom Skills: Camtel agreed with MINESUP to build an investment framework for youth training, offering internships and hands-on exposure to telecom operations to support digital transformation. Environment & Health Regulation: IPEN urged stronger Rotterdam Convention controls on lead chromates in paint, noting Cameroon is among countries that have already notified bans—aimed at protecting children from lead exposure. Community Health (China-Cameroon): A Chinese medical team delivered free consultations and treatment to over 230 patients in Ngat-Bane near Yaoundé, including medicine, surgery, eye care, and rehabilitation.