Infrastructure financing challenges
Cameroon’s efforts to fund critical infrastructure projects—from refineries to transport corridors—face persistent financial hurdles, with reliance on external loans and domestic revenue shortfalls impacting execution.
Recurring need to secure large-scale funding for strategic infrastructure amid budget constraints and delayed payments.
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Source diversity 12 outlets
- CAP-News : Cameroon Premium News – Le Cameroun en temps réel
- Kaptmedia - Cameroonian News
- Cameroun24.net - Actualités bilingue du Cameroun, d'Afrique et du monde - Cameroun24.net
- The Horizon Newspaper – The Leading Cameroon English Weekly
- The Guardian Post
- The voice newspaper Cameroon - The Audacity of Truth
- Cameroon Report – Covering Cameroon with clarity, context and credibility
- Journalducameroun.com - Actualités et Infos en direct au Cameroun et dans le Monde
- Accueil CamerounWeb
- CameroonInsider | Breaking News Cameroon
- Home - The Independentist News
- CRTV - Actualites, Direct TV et bien plus | CRTV - Cameroon Radio Television
Claims under this topic 81 of 81
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China signed a special contract with the Cameroonian government to send 50,000 Chinese tourists to Cameroon annually starting in 2008.
"la Chine, qui a signé un contrat spécial avec le gouvernement Camerounais afin d'envoyer, et ce dès l'année 2008 quelques 50 000 Chinois par an au Cameroun."
C'est notamment le cas avec la Chine, qui a signé un contrat spécial avec le gouvernement Camerounais afin d'envoyer, et ce dès l'année 2008 quelques 50 000 Chinois par an au Cameroun.
diplomatic actiongovernment actionmentions named actoreconomic indicator -
Tourism in Cameroon represented 2.5% of the GDP in 2002 and 1.8% in 2005, equating to $25 per inhabitant.
"En 2002, le tourisme représentait 2,5 % du PIB, en 2005, il n'en représente que 1.8 %, soit 25 USD par habitant."
Le tourisme n'est encore que très peu développé au Cameroun. En 2002, le tourisme représentait 2,5 % du PIB, en 2005, il n'en représente que 1.8 %, soit 25 USD par habitant.
economic indicator -
The Cameroonian government launched a long-term development plan to increase the number of visitors from 200,000 to 500,000 by the end of 2009.
"le gouvernement a lancé un plan d'aménagement à long terme, susceptible de porter la masse de visiteurs au Cameroun de 200 000 personnes actuellement à 500 000 d'ici la fin 2009."
Récemment, pour pallier la faiblesse du tourisme au Cameroun, le gouvernement a lancé un plan d'aménagement à long terme, susceptible de porter la masse de visiteurs au Cameroun de 200 000 personnes actuellement à 500 000 d'ici la fin 2009.
government actioneconomic indicator -
MPs Osih Joshua and Enwe Francis publicly debate the risks and benefits of Cameroon’s increasing national debt and its creditworthiness.
"Two MPs, Hon Osih Joshua of the SDF, and Enwe Francis of the CPDM, both members of the finance committee, sparred on the subject over CRTV’s Cameroon Calling broadcast on Sunday 18 June."
During a CRTV broadcast on 18 June 2017, two finance committee MPs exchanged views on borrowing levels and credit terms, with Osih warning of over-indebtedness and Enwe defending investment-driven loans.
📍 Cameroon affects civiliansmentions named actoreconomic indicator -
Cameroon's parliament passes a bill allowing the government to borrow an additional 700 billion FCFA for infrastructure projects.
"the bill to ratify ordinance N° 2017/1 of 17 May to amend and supplement some provisions of Law N°. 2016/18 of 14 December 2016: Financial Law of the Republic of Cameroon for the 2017 was passed last Thursday"
The bill to ratify ordinance N° 2017/1 of 17 May amends the 2016 financial law, authorizing new borrowing for giant projects.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
The Cameroonian government faces criticism for awarding stadium construction contracts at inflated prices, with allegations of high-level corruption.
"The SDF MP for Wouri questioned the wisdom in borrowing 550 billion FCFA at a high interest rate to build stadiums to host the 2019 AfCON to be hosted by Cameroon... the contracts awarded for the stadiums appear to be twice the cost for similar projects awarded in Gabon, an indication that high-level corruption occurred during the process."
MP Osih criticizes the 550 billion FCFA spent at high interest on AfCON stadiums, noting costs are twice those in Gabon and suggesting corruption in the procurement process.
📍 Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
Members of the Cameroonian diaspora in the United Kingdom contribute 10 million FCFA to support the fight against Boko Haram in Cameroon's Far North Region.
"Members of the Cameroonian Diaspora in the United Kingdom of Great Britain and Northern Ireland have swollen the fund for the fight against Boko Haram in the Far North Region of the country by 10 million FCFA."
Cameroonian diaspora in the UK handed over 10 million FCFA to the Minister Delegate at the Ministry of Territorial Administration in Yaounde on July 3, 2017, to support troops and victims of the Boko Haram conflict.
📍 Yaoundé, Mfoundi, Centre, Cameroon affects civiliansdiplomatic actionmentions named actoreconomic indicatorhumanitarian response -
The Société immobilière du Cameroun reports a 24-month delay in the Pizzaroti 10,000 housing project due to significant delays at the Nkolmeyos industrial base and Ekoko II construction sites.
"The Société immobilière du Cameroun (SIC) is raising concerns about potential delays in the 10,000 housing unit construction project, which is being carried out by the Italian company Pizzaroti at the Ekoko II and Nkolmeyos sites in the Centre region. A progress report dated February 21, 2026, and consulted by Investir au Cameroun, reveals that accumulated delays could lead to a 24-month postponement of the delivery date, particularly for the Nkolmeyos industrial base, which is considered essential to the project's progress."
The Nkolmeyos industrial base is at 25.3% completion, far behind schedule, and the Ekoko II site is at 46.8% after three years; the SIC warns of a 24-month postponement.
📍 Ekoko II and Nkolmeyos sites in the Centre region affects civiliansgovernment actionmentions named actoreconomic indicator -
The budget for Cameroon's 10,000 housing project is revised upward from FCFA 96.7 billion to FCFA 97.9 billion due to updated technical studies and on-site findings.
"Financially, the total cost of the project has been revised upwards, from FCFA 96.7 billion to FCFA 97.9 billion, an increase of FCFA 1.2 billion. The SIC explains that this adjustment is due to a quantity adjustment exercise based on updated execution studies and technical findings on the ground."
The SIC attributes the budget increase to a quantity adjustment based on updated execution studies and technical findings, with over FCFA 53 billion already disbursed.
📍 Centre region affects civiliansgovernment actionmentions named actoreconomic indicator -
The World Bank increased its financial commitments to Cameroon by $826 million since April 2023, bringing the total portfolio to $4.5 billion (approximately 2,700 billion FCFA).
"Depuis avril 2023, l'institution a augmenté son portefeuille de 826 millions de dollars (environ 475 milliards de FCFA), portant l'ensemble des financements à 4,5 milliards de dollars, soit près de 2 700 milliards de FCFA."
Depuis avril 2023, l'institution a augmenté son portefeuille de 826 millions de dollars (environ 475 milliards de FCFA), portant l'ensemble des financements à 4,5 milliards de dollars, soit près de 2 700 milliards de FCFA.
📍 Cameroun affects civiliansdiplomatic actionmentions named actoreconomic indicator -
World Bank-funded projects in Cameroon have a disbursement rate of 18.7% as of June 30, 2026, despite a portfolio of nearly 2,700 billion FCFA.
"Au 30 juin 2026, le taux global de décaissement des 21 projets financés par l'institution n'atteint que 18,7%, selon des données de la Banque mondiale consultées par Investir au Cameroun."
Au 30 juin 2026, le taux global de décaissement des 21 projets financés par l'institution n'atteint que 18,7%, selon des données de la Banque mondiale consultées par Investir au Cameroun.
📍 Cameroun affects civiliansmentions named actoreconomic indicator -
The Douala Urban Mobility Project (PMUD) in Cameroon has a disbursement rate of only 0.3%, despite receiving over 261 billion FCFA in World Bank funding.
"Le cas du Projet de Mobilité Urbaine de Douala (PMUD) retient particulièrement l'attention. Malgré un financement de plus de 261 milliards de FCFA accordé par la Banque mondiale, son taux de décaissement reste inférieur à 1%"
Le cas du Projet de Mobilité Urbaine de Douala (PMUD) retient particulièrement l'attention. Malgré un financement de plus de 261 milliards de FCFA accordé par la Banque mondiale, son taux de décaissement reste inférieur à 1%
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civiliansmentions named actoreconomic indicator -
An investigation is launched into the cause of a ship collision in Douala’s access channel, with technical findings suggesting a steering failure on the MV Black Rhino.
"Une enquête technique approfondie est en cours pour établir les circonstances exactes de l’accident et déterminer les éventuelles responsabilités, conformément à la réglementation maritime internationale et nationale. Les premières constatations techniques suggèrent qu’une perte de contrôle de la barre à bord du MV Black Rhino serait à l’origine de la collision."
Authorities conduct a technical inspection and launch an in-depth investigation into the collision, with early findings pointing to a steering failure on the MV Black Rhino.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon government action -
The director general of the National Port Authority visits the Port of Douala to assess the aftermath of a ship collision and review security measures.
"Le directeur général de l’Autorité portuaire nationale (APN), Willie Tsanga Mba, a effectué ce vendredi 17 juillet une visite de soutien et d’évaluation au Port autonome de Douala (PAD), cinq jours après la collision entre les navires MV Black Rhino et MV Sea Honour dans le chenal d’accès de Douala-Bonabéri."
The director general of the APN, Willie Tsanga Mba, conducts a support and assessment visit to the Autonomous Port of Douala five days after a ship collision in the access channel.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon government actionmentions named actor -
A collision between two ships in the Douala-Bonabéri access channel leads to emergency operations, with one vessel deliberately grounded to clear the channel.
"Les opérations d’urgence, coordonnées dès la confirmation de l’incident, ont permis de désengager le MV Sea Honour vers une zone de mouillage et d’échouer de manière contrôlée le MV Black Rhino le long de l’alignement des bouées rouges, afin de libérer le chenal."
The MV Black Rhino and MV Sea Honour collide in the Douala-Bonabéri channel; emergency actions include controlled grounding of the Black Rhino and safe evacuation of its crew.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civilianshumanitarian response -
Former Defence Minister Edgar Alain Mebe Ngo'o is sentenced to 30 years in prison for embezzling 29 billion FCFA of state funds.
"Mebe Ngo’o was handed a 30-year sentence after he was inculpated for touching FCFA 29 billion of state money when he called the shots at the Ministry of Defence."
Edgar Alain Mebe Ngo'o, former Defence Minister, is sentenced to 30 years in prison alongside his wife and co-accused for embezzling 29 billion FCFA during his tenure at the Ministry of Defence.
📍 Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
A passenger pirogue carrying around thirty people and cargo capsizes on the Benoué River near Garoua-Windé, Cameroon, leaving fifteen people missing.
"Une embarcation transportant une trentaine de personnes et diverses marchandises a chaviré dans la nuit du 17 au 18 juillet 2026 au large du village de Garoua-Windé, dans la région du Nord du Cameroun."
A pirogue transporting about thirty people and goods capsized on the Benoué River near Garoua-Windé in northern Cameroon during the night of July 17–18, 2026; fifteen passengers are missing after the incident.
📍 Garoua Winde, Garoua I, Communauté urbaine de Garoua, Bénoué, North, Cameroon affects civilianshumanitarian response -
Search and rescue operations for fifteen missing persons continue on the Benoué River but are hampered by weather and suspended as of Monday, July 20, 2026.
"Les opérations de recherche qui se sont poursuivies activement tout le week-end pour tenter de retrouver les quinze disparus, ont été interrompues ce lundi. Les conditions météorologiques sur le fleuve Bénoué ont compliqué les efforts des secours."
Rescue efforts for the fifteen missing passengers continued over the weekend but were paused on Monday due to difficult weather conditions on the Benoué River.
📍 Bénoué River, Barndaké, Mayo-Hourna, Bénoué, North, Cameroon affects civilianshumanitarian response -
The Cameroonian government is establishing a national Internet Exchange Point (IXP) with completion expected in the first quarter of 2015.
"The Gouvernement camerounais est en train de mettre en place le IXP national et le projet devrait être achevé au cours du premier trimestre de 2015."
The government is setting up a national IXP, a project supported by a World Bank-funded feasibility study, expected to be completed in early 2015.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
The Cameroonian government acquires 60 percent of the Limbe West Africa Cable System (WACS) station from MTN Cameroon in 2014 to boost internet penetration and regional connectivity.
"en 2014, le gouvernement camerounais a obtenu 60 pour cent des parts du Limbe West Africa Cable System (WACS) qui était initialement détenu par MTN Cameroun."
In 2014, the Cameroonian government obtained a majority stake in the Limbe WACS station, previously held by MTN Cameroon, to expand broadband access and export capacity to landlocked countries.
📍 Limbe, Limbé I, Communauté urbaine de Limbé, Fako, Southwest, Cameroon affects civiliansgovernment actioneconomic indicator -
Cameroon lost CFA 144 billion (over $190 million) to corruption in 2023, according to the National Anti-Corruption Commission (CONAC) report.
"Cameroon’s 2023 Anti-Corruption Report reveals that the state lost CFA 144 billion (over $190 million) due to corruption."
The 2023 Anti-Corruption Report reveals financial losses due to corruption, with CFA 144 billion lost nationally, affecting governance and public trust.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
A maritime collision occurs on the Douala-Bonabéri channel, damaging two vessels and temporarily obstructing navigation.
"Dans la nuit du 11 au 12 juillet 2026, vers 3 heures du matin, une collision maritime s’est produite sur le chenal du Port de Douala-Bonabéri, au niveau de la bouée n°20."
In the night of 11 to 12 July 2026, around 3 a.m., a maritime collision occurred on the channel of the Port of Douala-Bonabéri at buoy number 20, involving MV SEA HONOR and MV BLACK RHINO, causing material damage and temporary obstruction of the waterway.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civilianseconomic indicatorhumanitarian response -
The Port Authority of Douala activates a crisis cell and deploys response teams to secure the area and restore maritime traffic after a collision.
"Immédiatement après l’accident , les équipes techniques et opérationnelles du Port Autonome de Douala ont été mobilisées. Une cellule de crise a été activée et des moyens nautiques conséquents déployés pour sécuriser le périmètre et permettre le rétablissement rapide du trafic maritime."
Following the collision, technical and operational teams from the Autonomous Port of Douala are mobilized, a crisis cell activated, and naval resources deployed to secure the area and restore maritime traffic.
📍 Douala-Bonabéri channel affects civiliansgovernment actionhumanitarian response -
An investigation is launched into the cause of a maritime collision at the Port of Douala, with initial findings suggesting a steering failure on one vessel.
"Une enquête technique est actuellement en cours pour établir les circonstances exactes de l’accident et déterminer les éventuelles responsabilités, conformément à la réglementation maritime en vigueur. Les premières constatations effectuées sur place suggèrent qu’une perte de contrôle de la barre du MV BLACK RHINO serait à l’origine de la collision."
Authorities initiate a technical investigation into the collision, with early findings indicating that a loss of steering control on the MV BLACK RHINO may have caused the incident.
📍 Douala-Bonabéri channel government action -
The Grand Eweng hydroelectric dam project, once completed, will generate 1,800 megawatts of electricity and cost approximately 1,800 billion FCFA.
"The project, which would be the fourth largest in Africa and the biggest private HEP project on the continent, would cost some 1,800 billion FCFA. Hydromine Inc. officials said upon completion, the dam would generate some 1,800 megawatts of electricity, with an annual production estimate of 9,000 gigawatts per hour."
The project would be the fourth largest in Africa and the biggest private HEP project on the continent, costing 1,800 billion FCFA and generating 1,800 megawatts of electricity annually.
📍 Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
Cameroon authorizes a loan of 108.4 billion FCFA from China's EXIMBANK to fund Phase IV of its national fiber optic network expansion.
"President Paul Biya signed a decree on March 6, 2026, authorizing a loan agreement with the Chinese bank EXIMBANK for an amount of 108.4 billion FCFA."
President Paul Biya signed a decree authorizing a loan agreement with EXIMBANK China for 108.4 billion FCFA to expand Cameroon's fiber optic transmission network, targeting underserved areas.
📍 Cameroon affects civiliansdiplomatic actiongovernment actionmentions named actoreconomic indicator -
France has invested over 964 billion FCFA in Cameroon over the past 20 years in sectors including health, infrastructure, education, and security.
"The Ambassador of France to Cameroon, H.E Sylvain Riquier, has disclosed that the European nation has invested over 964 billion FCFA in key sectors in Cameroon, in the last 20 years."
The French Ambassador to Cameroon, H.E Sylvain Riquier, disclosed that France has invested over 964 billion FCFA in key sectors in Cameroon in the last 20 years.
📍 Yaounde affects civiliansdiplomatic actionmentions named actoreconomic indicator -
A diagnostic study commissioned by the Ministry of Industry estimates that the restructuring of Cicam would require between 30.7 and 48.2 billion FCFA.
"Une étude diagnostique commandée par le ministère de l’Industrie au Bureau de mise à niveau et réalisée par le cabinet Mazars estime que sa restructuration nécessiterait entre 30,7 et 48,2 milliards de FCFA, selon le scénario retenu."
Une étude diagnostique commandée par le ministère de l’Industrie au Bureau de mise à niveau et réalisée par le cabinet Mazars estime que sa restructuration nécessiterait entre 30,7 et 48,2 milliards de FCFA, selon le scénario retenu.
government actionmentions named actoreconomic indicator -
A consortium including Panafritex, Sodecoton, CNPS, and Marlo Properties Fincorp plans to create Camtext SA, an integrated textile complex worth 180 billion FCFA in the Dibamba industrial zone.
"un consortium réunissant Panafritex (filiale textile d’Arise), la Société de développement du coton (Sodecoton), la CNPS et Marlo Properties Fincorp envisage de créer Camtext SA, un complexe textile intégré de 180 milliards de FCFA dans la zone industrielle de Dibamba"
un consortium réunissant Panafritex (filiale textile d’Arise), la Société de développement du coton (Sodecoton), la CNPS et Marlo Properties Fincorp envisage de créer Camtext SA, un complexe textile intégré de 180 milliards de FCFA dans la zone industrielle de Dibamba
📍 Dibamba, Sanaga-Maritime, Littoral, Cameroon mentions named actoreconomic indicator -
The National Social Insurance Fund (CNPS) sealed the factories and stores of Cotonnière industrielle du Cameroun (Cicam) to recover approximately 4.5 billion FCFA in unpaid social contributions.
"La Caisse nationale de prévoyance sociale (CNPS) a fait apposer des scellés sur les usines et magasins de la Cotonnière industrielle du Cameroun (Cicam) afin de recouvrer des arriérés de cotisations sociales que l’organisme évalue à environ 4,5 milliards de FCFA."
La Caisse nationale de prévoyance sociale (CNPS) a fait apposer des scellés sur les usines et magasins de la Cotonnière industrielle du Cameroun (Cicam) afin de recouvrer des arriérés de cotisations sociales que l’organisme évalue à environ 4,5 milliards de FCFA.
📍 Yaoundé, Mfoundi, Centre, Cameroon government actionmentions named actoreconomic indicator -
All maritime imports and exports in Fako Division must now pass through the officially recognized facilities at Idenau, Bota, and Tiko, as part of a government enforcement campaign.
"All maritime imports and exports must now pass through the officially recognized facilities at Idenau, Bota, and Tiko."
The administration mandates that all maritime trade be channeled through Idenau, Bota, and Tiko, effectively centralizing customs control and restricting access for small-scale traders.
📍 Fako Division, Cameroon affects civiliansgovernment actioneconomic indicator -
The Southwest Regional Governor Bernard Okalia Bilai issues a directive to close unauthorized coastal landing sites in Fako Division, redirecting all maritime trade to officially recognized ports.
"Southwest Regional Governor Bernard Okalia Bilai issued the closure directive following a security meeting in Victoria in early July 2026. Administrative officials were instructed to shut down landing points used by coastal communities in Wovia, Botaland, Dockyard, Limbola, Ngeme, Batoke, Debundscha, and other locations."
Southwest Regional Governor Bernard Okalia Bilai issued the closure directive following a security meeting in Victoria in early July 2026, affecting landing points in Wovia, Botaland, Dockyard, Limbola, Ngeme, Batoke, Debundscha, and other locations.
📍 Fako Division, Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
The Cameroonian government launched a program in 2017 to provide 500,000 university students with laptops using a 75 billion FCFA loan from the Export-Import Bank of China.
"In 2017, the Cameroonian government launched an ambitious digital project to provide 500,000 university students with laptops, an investment of 75 billion FCFA financed by a loan from the Export-Import Bank of China."
The article reports on the 2017 launch of a government-backed laptop initiative for students, funded by a Chinese loan.
📍 Cameroon affects civiliansdiplomatic actiongovernment actioneconomic indicator -
The E-National Higher Education Network program has failed to deliver lasting digital transformation due to inadequate infrastructure, poor maintenance, and limited internet access.
"Despite the initial investment, network infrastructures have not kept pace, increasing the digital divide between institutions. The funds allocated to laptops have not been supplemented by sufficient investments in connectivity and teacher training, hindering the promised digital transformation."
The article assesses the long-term impact of the laptop program, highlighting persistent challenges in implementation and infrastructure.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
The Chinese government provides emergency grain assistance worth 20 million Yuan to Cameroon.
"“He mentioned the delivery of emergency grain assistance, worth 20 million Yuan (approximately 1.7 billion FCFA), provided by the Chinese government to Cameroon.”"
The Chinese government delivers emergency grain aid to Cameroon, valued at 20 million Yuan (approximately 1.7 billion FCFA), as part of bilateral cooperation.
📍 Cameroon affects civiliansdiplomatic actiongovernment actionmentions named actoreconomic indicatorhumanitarian response -
A collision between two container ships occurs in the Douala-Bonabéri shipping channel, leading to the intentional grounding of one vessel to prevent obstruction.
"Dans la nuit du 11 au 12 juillet 2026, vers 3 heures du matin, une collision maritime s’est produite dans le chenal du port de Douala-Bonabéri, à hauteur de la bouée n° 20. [...] le Black Rhino a subi une voie d’eau importante et a dû être intentionnellement échoué le long de la ligne des bouées rouges pour éviter qu’il n’obstrue le chenal."
In the early hours of July 12, 2026, the MV Black Rhino and MV Sea Honour collide in the Douala-Bonabéri channel; the Black Rhino sustains hull damage and is grounded along the red buoy line to keep the channel clear.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civilianseconomic indicatorhumanitarian response -
The Cameroonian Minister of Transport visits the site of the maritime collision and issues eight recommendations to improve maritime safety and expedite salvage operations.
"Ce lundi 20 juillet 2026, le ministre des Transports, Jean Ernest Masséna Ngallé Bibéhè, s’est rendu sur les lieux pour une visite de travail. [...] le ministre a formulé huit recommandations majeures visant à renforcer la sécurité maritime, protéger l’environnement et accélérer les opérations de renflouement et de transbordement des marchandises."
On July 20, 2026, Minister Jean Ernest Masséna Ngallé Bibéhè conducts a site visit with port and regional authorities and issues key recommendations on safety, environmental protection, and cargo transfer.
📍 Douala-Bonabéri shipping channel affects civiliansgovernment actionmentions named actoreconomic indicatorhumanitarian response -
An official technical investigation into the maritime collision is launched by the Littoral Maritime, River and Lake District in coordination with the Autonomous Port of Douala.
"Une enquête technique a été ouverte par la Circonscription maritime, fluviale et lacustre du Littoral, en collaboration avec le Port autonome de Douala ; les premières constatations évoquent une possible perte de contrôle du Black Rhino."
Following the collision, the Circonscription maritime, fluviale et lacustre du Littoral and the Port autonome de Douala open a joint technical inquiry to determine the cause of the accident.
government actioneconomic indicator -
Cameroon's financial oversight mechanisms face international scrutiny as the country scores below global averages in regulatory implementation and public service efficiency, particularly in digital tax filing and border infrastructure.
"Cameroon earned a score of 58.75, reflecting a relatively stable foundation of laws governing businesses, labour, and disputes resolution, but it is below the global average of 66.32... the “disconnect is most visible in the realm of public services, where Cameroon recorded its lowest score of 36.30."
Cameroon scored 58.75 in the World Bank’s Business Ready Index, below the global average, with a particularly low score of 36.30 in public services, indicating a 'service gap' in digital tax filing, licensing platforms, and border infrastructure.
📍 Cameroon affects civilianseconomic indicator -
Cameroon ranks 142nd globally on Transparency International’s Corruption Perceptions Index with a score of 26 out of 100, reflecting persistent stagnation in anti-corruption efforts.
"As for the latest Transparency International Corruption Perceptions Index, Cameroon has only 26 out of 100 and ranked 142nd globally out of 182 assessed countries and territories."
Transparency International’s Corruption Perceptions Index gives Cameroon 26 out of 100, ranking it 142nd out of 182 countries, well below global and regional averages.
📍 Cameroon affects civilianseconomic indicator -
The African Development Bank reports a reduction in high-risk projects in Cameroon, with red-alert projects decreasing from 48% to 26% between February and July 2026.
"La BAD observe toutefois une amélioration : les projets classés en alerte rouge sont passés de 48 % à 26 % entre février et juillet 2026."
The African Development Bank observes an improvement in project implementation in Cameroon, with the share of projects in red alert falling from 48% to 26% between February and July 2026.
📍 Cameroon affects civilianseconomic indicator -
The African Development Bank (BAD) has approved 833.8 billion FCFA for eight operations in Cameroon since 2023, but disbursement remains slow due to administrative delays and matching fund challenges.
"Depuis 2023, la Banque africaine de développement (BAD) a approuvé 833,8 milliards de FCFA pour huit opérations au Cameroun, soit 67,9 % d’un programme prévu à 1 227,5 milliards de FCFA. [...] Les lenteurs administratives, les retards dans la signature des conventions, les difficultés liées aux fonds de contrepartie de l’État et les délais dans les procédures de passation des marchés continuent de freiner la mise en œuvre des projets."
Since 2023, the African Development Bank has approved 833.8 billion FCFA for eight operations in Cameroon, yet the disbursement rate remains low at 26%, hindered by administrative slowness, delays in signing agreements, and difficulties with state counterpart funds.
📍 Cameroon affects civiliansdiplomatic actiongovernment actioneconomic indicator -
The World Bank has committed nearly 2,700 billion FCFA to Cameroon across 21 projects, but the overall disbursement rate is only 18.7% as of June 30, 2026.
"The Cameroun benefits today from one of the most important financing portfolios of the World Bank in Central Africa... the overall disbursement rate of the 21 projects financed by the institution reaches only 18.7%, according to World Bank data consulted by Investir au Cameroun."
Cameroon has one of the largest World Bank portfolios in Central Africa, yet fund disbursement remains low, with only 18.7% of committed funds released by mid-2026.
📍 Cameroon affects civiliansdiplomatic actiongovernment actioneconomic indicator -
The Douala Urban Mobility Project (PMUD), despite receiving over 261 billion FCFA from the World Bank, has a disbursement rate of only 0.3%, indicating major delays in implementation.
"The case of the Douala Urban Mobility Project (PMUD) particularly draws attention. Despite financing of more than 261 billion FCFA granted by the World Bank, its disbursement rate remains below 1%, illustrating the slowness hindering the effective launch of certain major investments."
The PMUD is one of the most underperforming World Bank-funded projects in Cameroon, with minimal fund disbursement despite its high financing.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civiliansdiplomatic actiongovernment actioneconomic indicator -
Administrative delays, procurement procedures, land constraints, and limited project management capacity are key obstacles to the disbursement and implementation of World Bank-funded projects in Cameroon.
"Among the main obstacles are administrative delays; procurement procedures; delays in the entry into force of financing; population resettlement plans; land constraints; and sometimes limited management capacities of coordination units."
The slow execution of World Bank projects in Cameroon is attributed to systemic administrative and institutional challenges.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
Financial transfers from Gulf countries to Cameroon rise to FCFA 11.8 billion in 2025, marking a recovery after two years of decline.
"Fund transfers from Gulf countries to Cameroon increased in 2025, reaching FCFA 11.8 billion, according to the National Institute of Statistics (INS)."
Fund transfers from Gulf countries to Cameroon increased in 2025, reaching FCFA 11.8 billion, according to the National Institute of Statistics (INS). This figure marks a recovery after two years of decline, although it does not fully compensate for the decrease observed since 2022.
📍 Cameroon affects civilianseconomic indicator -
The Directorate General of Treasury raises funds domestically within the CEMAC region through the BVMAC stock exchange, maintaining a clean repayment record for 16 years.
"Within the Economic and Monetary Community of Central African States, CEMAC, the Directorate General of Treasury has been doing Cameroon’s fundraising bidding since 2010."
The article notes the Directorate has conducted fundraising via the CEMAC Stock Exchange (BVMAC) since 2010, with no defaults over 16 years.
📍 CEMAC region affects civiliansdiplomatic actiongovernment actioneconomic indicator -
The Directorate General of Treasury in Cameroon continues to service external debts without defaulting, maintaining credibility on international financial markets since 2015.
"Since Cameroon entered the international financial market in November 2015, it has maintained its credibility."
The article states Cameroon has maintained its credibility in international financial markets since entering in 2015, with successful Eurobond sales and no external debt default.
📍 international financial market affects civiliansgovernment actionmentions named actoreconomic indicator -
The Directorate General of Treasury supports public financial stability by ensuring civil servant salaries are paid and funding critical sectors like energy and security amid ongoing regional conflicts.
"The State has continued to meet its obligations especially in terms of paying civil servants regularly."
The article highlights the Treasury's role in sustaining public services, including salary payments and energy sector support, despite challenges from conflicts in the North-West and South-West regions.
📍 Cameroon affects civiliansgovernment actioneconomic indicatorhumanitarian response -
The National Hydrocarbons Company (SNH) of Cameroon reports a 41% decline in net profit for 2025, with profitability sustained primarily by financial revenues despite an operational loss.
"la Société nationale des hydrocarbures (SNH)... a vu son bénéfice net chuter à 19,98 milliards de FCFA en 2025, contre 34,05 milliards un an plus tôt... Le résultat d’exploitation s’est ainsi détérioré, atteignant -12,47 milliards de FCFA... le résultat financier atteint 43,88 milliards de FCFA en 2025, principalement grâce aux revenus issus des participations"
SNH's net profit fell to 19.98 billion FCFA in 2025 from 34.05 billion a year earlier, with a 12.47 billion FCFA operational loss, while financial income of 43.88 billion FCFA—mainly from participations—keeps the company profitable.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
Cameroon's outstanding external debt amounted to 8,560 billion FCFA as of March 31, 2025.
"Cameroon's outstanding external debt amounted to 8,560 billion FCFA as of March 31, 2025."
economic indicator -
Cameroon raised 415 billion FCFA on January 30, 2026, in London through a private placement arranged by Citigroup, JP Morgan, and Cygnum Capital.
"These funds will supplement the 415 billion FCFA already raised on January 30, 2026, in London through a private placement arranged by Citigroup, JP Morgan, and Cygnum Capital."
These funds will supplement the 415 billion FCFA already raised on January 30, 2026, in London through a private placement arranged by Citigroup, JP Morgan, and Cygnum Capital.
📍 Greater London, England, United Kingdom government actionmentions named actoreconomic indicator -
Cameroon is negotiating with the African Development Bank (AfDB) and the African Trade & Investment Development Insurance (ATIDI) to secure guarantees for a 585 billion FCFA international loan in 2026.
"Cameroon is in talks with the African Development Bank (AfDB) and the African Trade & Investment Development Insurance (ATIDI) to secure guarantees for a 585 billion FCFA (approximately $945 million USD) loan on the international capital market in 2026."
Cameroon is in talks with the African Development Bank (AfDB) and the African Trade & Investment Development Insurance (ATIDI) to secure guarantees for a 585 billion FCFA (approximately $945 million USD) loan on the international capital market in 2026.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon diplomatic actiongovernment actionmentions named actoreconomic indicator -
Sodecoton seeks BEAC refinancing through Afriland for a 20 billion FCFA oil mill in Ngaoundéré.
"Sodecoton is seeking BEAC refinancing through Afriland for the construction of a 20 billion FCFA oil mill in Ngaoundéré."
Sodecoton is seeking BEAC refinancing through Afriland for the construction of a 20 billion FCFA oil mill in Ngaoundéré.
📍 Ngaoundéré, Ngaoundéré II, Communauté urbaine de Ngaoundéré, Vina, Adamawa, Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
Cameroon plans to raise 1,165 billion FCFA on the regional public securities market in 2026 to finance its budget deficit.
"In 2026, Cameroon plans to raise 1,165 billion FCFA on the regional public securities market."
Cameroon's 2026 financing program includes raising 765 billion FCFA through Treasury bills and 400 billion FCFA through Treasury bonds on the regional market.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
Cameroon's Treasury bills see renewed investor interest in January 2026, with subscription rates rising and interest rates slightly decreasing.
"The average subscription rate for Treasury bills (BTAs) issued by the country reached 84.84% in January 2026."
Cameroon's average subscription rate for Treasury bills reached 84.84% in January 2026, up from 59.07% in December 2025, while the average interest rate fell to 6.87% from 7.11%.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
Members of Cameroon's National Assembly scrutinize the Medium-Term Economic and Budgetary Programming Document for 2027–2029 during a plenary session, raising concerns about public investment execution and governance in extractive sectors.
"Members of the National Assembly have scrutinized the State’s major budgetary orientations during a plenary session for the general debate on the Medium-Term Economic and Budgetary Programming Document 2027–2029."
Lawmakers raised major concerns such as the execution of public investments and governance in the mining, forestry, and oil sectors during the general debate on the Medium-Term Economic and Budgetary Programming Document 2027–2029.
📍 plenary session of the National Assembly affects civiliansgovernment actioneconomic indicator -
Cameroon is experimenting with the Emulsion Enhanced Recycling (EER) technique to rehabilitate the 115-kilometre road connecting Mbalmayo and Sangmelima, aiming to reduce costs and execution time.
"Cameroon will experiment with the Emulsion Enhanced Recycling (EER) technique for the renovation of the 115-kilometre road connecting Mbalmayo in the Centre and Sangmelima in the South, according to local news portal Business In Cameroon."
Cameroon will experiment with the Emulsion Enhanced Recycling (EER) technique for the renovation of the 115-kilometre road connecting Mbalmayo in the Centre and Sangmelima in the South, according to local news portal Business In Cameroon.
📍 Mbalmayo to Sangmelima road affects civiliansgovernment actionmentions named actoreconomic indicator -
Cameroon's Minister of the Economy, Planning and Regional Development, Louis Paul Motaze, argues that debt is not a problem if it is contracted for profitable projects.
"But Louis Paul Motaze, Minister of the Economy, Planning and Regional Development (MINEPAT), was more cut and dried in his response. Spraking during the question and answer session, Motaze argued that whatever the level, debt is not a problem, as long as we contract good debts, that is to say for profitable projects, as is the option of Cameroon."
But Louis Paul Motaze, Minister of the Economy, Planning and Regional Development (MINEPAT), was more cut and dried in his response. Spraking during the question and answer session, Motaze argued that whatever the level, debt is not a problem, as long as we contract good debts, that is to say for profitable projects, as is the option of Cameroon. He boasted that proof of Cameroon’s contraction of good debts is the fact that the signature of the country remains credible at the level of international donors.
government actionmentions named actoreconomic indicator -
Cameroon's Minister of Finance, Alamine Ousmane Mey, states that the country's debt remains sustainable and below the CEMAC sub-region's convergence threshold.
"Reacting to the report, Alamine Ousmane Mey, Cameroon’s minister of finance, explained that the country has embarked on the path of infrastructure which obliges it to go a-borrowing. He assured that the debt remains sustainable, well below the convergence threshold of the CEMAC sub-region."
Reacting to the report, Alamine Ousmane Mey, Cameroon’s minister of finance, explained that the country has embarked on the path of infrastructure which obliges it to go a-borrowing. He assured that the debt remains sustainable, well below the convergence threshold of the CEMAC sub-region.
government actionmentions named actoreconomic indicator -
The IMF predicts Cameroon's economic growth will drop to 3.7 percent in 2017, down from 4.4 percent in 2016.
"Kadima Kalonji announced that Cameroon’s growth in 2017 will drop to 3.7 percent, down from 4.4 percent in 2016."
Kadima Kalonji announced that Cameroon’s growth in 2017 will drop to 3.7 percent, down from 4.4 percent in 2016.
mentions named actoreconomic indicator -
The Cameroonian government contests the IMF's recommendation to reduce borrowing despite negative economic growth.
"Government contests IMF prescription to reduce borrowing in face of negative economic growth"
The borrowing spree embarked upon by the Cameroon government to sponsor structural projects expected to lead the country to emergence in 2035 came under spotlight during the official presentation last Tuesday in Yaounde of a document showing a drop in the growth rate of countries in Sub Saharan Africa. The document produced by the IMF indicated that the economies of these countries witnessed a growth of 1.5 percent in 2016, the least in the last 20 years, necessitating the adoption of a series of stringent measures, including a reduction of borrowing. But rather than draw lessons from the report and implement the recommendations advanced, the Cameroon government rather went on the defensive, questioning particularly why the Bretton Woods institution should emphasise on the reduction of borrowing.
government actioneconomic indicator -
Economic growth in Cameroon is expected to strengthen slightly in 2025.
"Within the region, growth is expected to strengthen slightly in Cameroon, the Central African Republic and the Republic of Congo"
Within the region, growth is expected to strengthen slightly in Cameroon, the Central African Republic and the Republic of Congo, while Chad and Gabon anticipate weaker performances and Equatorial Guinea faces a projected contraction.
📍 Cameroon economic indicator -
Mbile Tapea Solomon, General Manager of PAMOL Plantations Plc, attributes the non-payment of salary arrears for nearly 1,000 workers to infrastructural collapse and aging palm trees, not mismanagement.
"The General Manager of PAMOL Plantations Plc, Mbile Tapea Solomon, has revealed that infrastructural collapse and ageing palm trees are the key drivers behind the current non-payment of salary arrears affecting nearly 1,000 workers of the company, not mismanagement’s fault."
The General Manager of PAMOL Plantations Plc, Mbile Tapea Solomon, has revealed that infrastructural collapse and ageing palm trees are the key drivers behind the current non-payment of salary arrears affecting nearly 1,000 workers of the company, not mismanagement’s fault.
📍 Limbe, Limbé I, Communauté urbaine de Limbé, Fako, Southwest, Cameroon affects civiliansmentions named actoreconomic indicator -
PAMOL Plantations Plc has submitted a 10-Year Strategic Master Plan, costing 36 billion FCFA, to the Cameroonian government to construct a new oil mill, refurbish an existing one, replant palm trees, rehabilitate infrastructure, and build new staff housing.
"Beyond emergency repairs, the GM revealed that PAMOL has submitted a comprehensive 10-Year Strategic Master Plan to the Cameroonian government, which carries a price tag of 36 billion FCFA. He announced that it envisions the construction of a new 30-tons-per-hour oil mill at Lobe, full refurbishment of the existing Ndian mill, systematic replanting of overaged palm plants, rehabilitation of roads and bridges across the estates, and the construction of new staff housing alongside health and recreational facilities."
Beyond emergency repairs, the GM revealed that PAMOL has submitted a comprehensive 10-Year Strategic Master Plan to the Cameroonian government, which carries a price tag of 36 billion FCFA. He announced that it envisions the construction of a new 30-tons-per-hour oil mill at Lobe, full refurbishment of the existing Ndian mill, systematic replanting of overaged palm plants, rehabilitation of roads and bridges across the estates, and the construction of new staff housing alongside health and recreational facilities.
government actioneconomic indicator -
PAMOL Plantations Plc's production dramatically fell in 2025 to 2,556 metric tons from a five-year peak of 3,692 metric tons in 2024, due to overaged palm trees and the failure of aging steam boilers.
"A production data presented by management traced a pattern of slow but steady recovery between 2021 and 2024, when output reached a five-year peak of 3,692 metric tons. It was nevertheless dramatically reversed in 2025, when production fell to just 2,556 metric tons, a loss of more than 1,100 tons in a single year. The fall, the GM said, was because between 65% and 70% of the palm trees on the estates are overaged, with some specimens now 40 years old and having grown too tall for efficient harvesting. The 2025 collapse, he added, was aggravated by the failure of the company’s ageing steam boilers."
A production data presented by management traced a pattern of slow but steady recovery between 2021 and 2024, when output reached a five-year peak of 3,692 metric tons. It was nevertheless dramatically reversed in 2025, when production fell to just 2,556 metric tons, a loss of more than 1,100 tons in a single year. The fall, the GM said, was because between 65% and 70% of the palm trees on the estates are overaged, with some specimens now 40 years old and having grown too tall for efficient harvesting. The 2025 collapse, he added, was aggravated by the failure of the company’s ageing steam boilers.
economic indicator -
The International Monetary Fund (IMF) approved a program to support Cameroon, with additional funding expected from the World Bank and the African Development Bank, totaling over 800 billion CFA.
"IMF approved a programme to support our nation to give more means and these means will be added by other means coming from other institutions like the World Bank and the African Development Bank. We are expecting more than 800billion cfa."
IMF approved a programme to support our nation to give more means and these means will be added by other means coming from other institutions like the World Bank and the African Development Bank. We are expecting more than 800billion cfa.
📍 empty diplomatic actionmentions named actoreconomic indicator -
Cameroon's head of state issued a circular on June 20, emphasizing that the state should focus on controlling expenditures and increasing revenues to achieve its goal of becoming an emerging country by 2035.
"the head of state through his circular of June 20 has made it clear that the state should pay more attention on its expenditures. The state should do its best to collect more revenues so that our programme towards becoming an emerging country by 2035 should be maintained properly."
at our level, the head of state through his circular of June 20 has made it clear that the state should pay more attention on its expenditures. The state should do its best to collect more revenues so that our programme towards becoming an emerging country by 2035 should be maintained properly.
📍 empty government actionmentions named actoreconomic indicator -
Cameroon's public finance management is assessed as being on the right track under an ongoing economic program with the IMF, which has passed three successful evaluations.
"Thirdly, we are on an economic program with the IMF, this far three successful evaluations have been made with positive conclusions. This simply tell that our public finance management is on a right tract as we commence perceiving returns on the heavy projects leading to our emergence."
Cameroon is on an economic program with the IMF, with three successful evaluations completed, indicating sound public finance management.
📍 Cameroon diplomatic actiongovernment actioneconomic indicator -
Moody's rates Cameroon as the second most resilient economy to external shocks in sub-Saharan Africa.
"The finance engineering expert made the comment following a rating of the country by Moody, as the second most resilient Economy to external shocks in sub-Sahara Africa."
Moody’s Rating Greets Cameroon’s Resilient Economy - Thevoice. The finance engineering expert made the comment following a rating of the country by Moody, as the second most resilient Economy to external shocks in sub-Sahara Africa.
📍 Cameroon economic indicator -
The African Development Bank approves €330.48 million in loans for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor in Cameroon.
"The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor, a vital artery for trade between Cameroon and Chad."
The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor, a vital artery for trade between Cameroon and Chad.
📍 DOUALA, Cameroon affects civiliansdiplomatic actionmentions named actoreconomic indicator -
The African Development Bank Group approves €330.48 million in loans for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor in Cameroon.
"The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor, a vital artery for trade between Cameroon and Chad."
The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor, a vital artery for trade between Cameroon and Chad.
📍 Douala-N’Djamena Economic Corridor affects civiliansdiplomatic actiongovernment actionmentions named actoreconomic indicator -
The Cameroonian government now holds 83.68% of General Bank of Cameroon following the acquisition of Société Générale's stake.
"La question est d’autant plus stratégique que l’État camerounais détient désormais 83,68 % du capital, après avoir acquis les 58,08 % précédemment détenus par Société Générale pour un montant estimé à 129 milliards de FCFA."
After acquiring Société Générale's 58.08% stake for approximately 129 billion FCFA, the Cameroonian government controls 83.68% of General Bank of Cameroon.
affects civiliansgovernment actioneconomic indicator -
Alios Finance Cameroon plans a capital increase through reserve incorporation to meet revised COBAC capital requirements.
"Alios Finance Cameroun s’engage elle aussi dans une dynamique de renforcement de ses fonds propres. L’établissement financier tiendra une Assemblée générale extraordinaire le 16 juin 2026 afin d’examiner une augmentation de capital par incorporation de réserves."
Alios Finance Cameroon will hold an Extraordinary General Meeting on June 16, 2026, to consider a capital increase by incorporating reserves, aiming to meet the new COBAC minimum of 4 billion FCFA.
affects civilianseconomic indicator -
General Bank of Cameroon prepares a capital increase to comply with new COBAC regulatory requirements.
"General Bank of Cameroon (GBC) prépare une augmentation de son capital social. La question sera examinée lors de l’Assemblée générale mixte des actionnaires prévue le 5 juin 2026 à Douala."
General Bank of Cameroon is set to discuss a capital increase during its shareholders' meeting scheduled for June 5, 2026, in Douala, to meet COBAC's new minimum capital requirement of 25 billion FCFA.
📍 Douala, Douala II, Communauté urbaine de Douala, Wouri, Littoral, Cameroon affects civiliansgovernment actioneconomic indicator -
The Cameroonian government, through Dr. Fuh Calistus Gentry, signals readiness to transfer completed studies on the North West Dry Port project to regional authorities under the special status framework.
"Dr. Fuh Calistus Gentry signaled how ready he and his ministry were, in handing over to the Region, already completed studies on the Dry Port project for the North West."
Dr. Fuh Calistus Gentry, speaking as a government minister, announces that his ministry is ready to hand over completed studies on the Dry Port project to the North West regional council to support economic development and shift trade dynamics toward Nigeria.
📍 North West region of Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
The Cameroonian government is accelerating the implementation of a Maritime Single Window digital platform to centralize and streamline port procedures at Douala and Kribi.
"Réuni à Douala les 25 et 26 mai 2026, le comité interministériel chargé du projet a franchi une nouvelle étape dans la définition du futur Guichet unique maritime. Cette plateforme électronique doit centraliser l’ensemble des formalités liées à l’arrivée, au séjour et au départ des navires dans les ports camerounais."
The interministerial committee met in Douala on May 25–26, 2026, to advance the Maritime Single Window project, a digital platform to centralize vessel arrival, stay, and departure procedures in Cameroonian ports.
📍 Douala affects civiliansgovernment actioneconomic indicator -
Public investment spending in Cameroon reaches only 170.2 billion FCFA by March 2017, falling short of the 357 billion FCFA target.
"As at March 2017, only 170.2 billion FCFA had been spent, as against 268.4 billion at the same period in 2016. Compared to the projected expenditure of 357 billion for March 2017, this showed a drop of 186.8 billion, representing an execution rate of 47.7 percent."
Investment expenditure execution rate stands at 47.7%, significantly lower than projected, affecting progress on major national projects.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
Cameroon faces a budget deficit of over 246 billion FCFA in the first quarter of 2017 due to lower-than-expected revenue collection.
"out of the country’s projected public expenditure of 982.2 billion FCFA for the first quarter of 2017, only 735.9 billion FCFA was fulfilled (performance rate of 75%). This showed a deficit higher than 246 billion FCFA."
Based on the mid-year performance review of the 2017 State budget, Cameroon collected 246 billion FCFA less than projected in the first quarter, with both tax and customs revenues falling short of targets.
📍 Cameroon affects civiliansgovernment actioneconomic indicator -
The Kribi refinery project reaches a financial milestone with CFA 120 billion secured, enabling preparatory work and future operations aimed at reducing Cameroon's petroleum imports.
"The Kribi refinery project has reached a decisive financial milestone with the securing of CFA 120 billion by the Société Nationale des Hydrocarbures (SNH)."
The Kribi refinery project has reached a decisive financial milestone with the securing of CFA 120 billion by the Société Nationale des Hydrocarbures (SNH). These funds are intended to cover SNH's share in this major project, led by CSTAR...
📍 Kribi, Kribi II, Communauté urbaine de Kribi, Océan, South, Cameroon affects civiliansgovernment actionmentions named actoreconomic indicator -
The Société Nationale des Hydrocarbures (SNH) secures CFA 120 billion through BGFI Bank to finance its share in the Kribi refinery project.
"SNH secures CFA 120 billion via BGFI Bank to finance its share in the Kribi refinery project."
SNH secures CFA 120 billion via BGFI Bank to finance its share in the Kribi refinery project. A significant step towards Cameroon's energy independence.
📍 Yaoundé affects civiliansgovernment actionmentions named actoreconomic indicator