AGP Executive Report

Public Finance: Cameroon will pay over CFA120bn to 2023 bondholders on June 23, combining principal and interest across tranches, after raising CFA176bn in the original ECMR issue. Public Sector Jobs: Despite wage-bill pressure, the government plans to recruit 2,090 new public employees in 2026, led by health (200 specialist physicians) and education (1,000 teachers). Energy & Industry: Cimencam Figuil (Cimfig) has suspended production after the Northern Interconnected Grid suffered a major power crisis, showing the electricity squeeze is now hitting productive firms. Transport & Trade: Cameroon and partners are pushing the Edéa–Kribi–Lolabé–Campo rail corridor to link inland production to the deep-water port of Kribi, aiming to cut logistics time for mining and industrial cargo. Telecom Regulation: Cameroon orders MTN and Orange to block 700,000+ smuggled phones and digital devices from local networks. Agribusiness: Banana exports rose 1.5% in May 2026 as smaller growers offset drought-linked declines from PHP. Security: Suspected separatist gunmen killed two students in Bambui, underlining risks to education and local livelihoods.

Rail & Industry: Africa Global Logistics has joined Cameroon’s government and CAMALCO to develop the Edéa–Kribi–Lolabé–Campo railway corridor, aiming to link mining and industrial zones to the deep-water Port of Kribi and boost investor appeal. Power Sector: SOCADEL adopted a CFA630bn recovery plan to stabilise electricity procurement, tackle inherited debt and reduce recurrent outages, with negotiations planned with lenders for refinancing and restructuring. Agribusiness: Cameroon’s banana exports rose 1.5% in May 2026 as smaller producers (CDC, CDBM) offset a drought-hit decline from PHP. Security: Suspected separatist fighters shot and killed two university students in Bambui (Northwest), with authorities promising increased patrols. Youth & Innovation: Yango and Zindi hosted a Yaoundé mobility AI hackathon, drawing 300+ participants and generating 861 model submissions for smarter urban transport. Sports Medicine & Football Economy: FECAFOOT signed a framework deal with Turkey’s Memorial Hospital Group to improve healthcare and medical evacuations for Cameroonian footballers. Governance & Social Protection: Cameroon launched a nationwide audit (AALFA) of family benefit payments after a sharp jump in declared children on the public payroll.

CEMAC Monetary Policy: BEAC has suspended new refinancing under its productive-investment facility (Window B) for commercial banks, saying it’s a temporary move to modernize the operating framework while it continues processing earlier applications. Energy & Industry: Cameroon’s SCDP is expanding its Bonabéri LPG terminal to ease supply bottlenecks, targeting a near doubling of daily loading capacity (from 1,000 to ~1,950 tons) and boosting rail loading. Transport Infrastructure: Cameroon signed an MoU to develop the Edéa–Kribi–Lolabé–Campo railway corridor with Africa Global Logistics and CAMALCO, aiming to improve freight links to the Port of Kribi and industrial zones. EV Investment: Spiro secured $215m in equity to scale electric mobility and battery-swapping across Africa, including Cameroon, where it already runs a growing network. Sports & Business: FECAFOOT partnered with Turkey’s Memorial Hospital Group to guarantee advanced healthcare for Cameroonian footballers, including specialized medical evacuations. Flooding Disruptions: Heavy rains submerged parts of Yaoundé, including the Central Post Office Roundabout, disrupting traffic and commerce. GCE Exam Shock: Cameroon rescheduled remaining 2026 GCE papers by two weeks after leaked confidential materials were circulated online. Agribusiness: Cameroon banana exports rose 1.5% in May 2026 to 14,690 tons, driven by CDC and CDBM despite lower volumes from PHP.

Transport & Trade: Cameroon signed an MoU to develop the Edéa–Kribi–Lolabé–Campo railway corridor, linking production areas to the Port of Kribi and the Kribi industrial-port zone to boost freight and mining-led trade. Energy & Power: Nachtigal’s hydro plant has reached about 3.6TWh injected into Cameroon’s grid since full operations began in May 2025, but outages persist due to gaps in transmission and distribution. Oil & Storage: Kribi’s hydrocarbon terminal project moved closer to scale-up after presidential approval for financing, with phase one targeting 140,000 m³ petroleum storage and 12,000 tonnes LPG. Public Finance: Cameroon launched “Operation to clean up the State family allowances file” to verify irregularities after the family allowance envelope rose from FCFA21bn to FCFA38bn in five years. Education Integrity: Cameroon rescheduled remaining GCE 2026 written papers by two weeks after leaked confidential questions circulated online; TVEE remains unchanged. Crisis & Cities: Heavy rains flooded parts of Yaoundé, including the Central Post Office Roundabout and 20th May Boulevard, disrupting traffic and commerce. Social Sector: A national campaign “We Ring The Bell” pushes financing for inclusive education for children with disabilities. Business Climate: CCIMA sensitised investors and SMEs on Cameroon’s 2025 investment incentives ordinance and how to access schemes.

Education & Governance: Cameroon’s Ministry of Secondary Education has rescheduled the remaining 2026 GCE exams after leaked confidential questions circulated online, pushing written papers from June 8–18 to June 22–July 2 (time slots unchanged) while TVEE papers proceed as planned. Public Finance: The government launched “Operation to clean up the State family allowances file” to verify irregularities after the family allowance envelope rose from FCFA 21bn to FCFA 38bn in under five years, with checks starting June 25 in banks and regional tax offices. Energy & Infrastructure: Nachtigal’s hydro plant says it has injected about 3.6TWh into the grid since May 2025, but outages persist—pointing to transmission and distribution gaps beyond generation. Trade & Logistics: Cameroon and Chad customs officials met in Yaoundé to make the Kribi–Douala–N’Djamena corridor safer and more competitive, with most Chad imports passing through Cameroon ports. Business Climate: CCIMA and API held a Douala sensitisation on the 2025 investment incentives ordinance, outlining how investors and SMEs can access new schemes. Regional Security: UNHCR-linked data shows 8,521 Nigerians fled to Niger, Cameroon and Chad between Dec 2025 and May 2026, with Cameroon hosting 125,192 refugees mainly in the Far North.

Cameroon Banana Exports: Cameroon’s banana shipments rose modestly in May 2026 to 14,690 tons (+1.5% y/y), with gains from state firms CDC (3,508 tons, +16.4%) and CDBM (1,975 tons, +34.8%) offsetting weaker output from Plantations du Haut Penja (PHP) at 9,207 tons (-7.9%). AfCFTA Business Push (Yaoundé): Entrepreneurs and trade experts in Yaoundé urged faster reforms so Cameroonian firms can better use AfCFTA opportunities, pointing to early wins under the Guided Trade Initiative such as GIG Afatex’s exports to Ghana. Water & Health Access: A new global assessment flags unsafe drinking water as a major public health risk, with many African countries among the worst performers—an issue that directly affects productivity and household spending. Chinese Medical Outreach in Cameroon: A Chinese medical team delivered free consultations and treatment to over 230 patients in Ngat-Bane near Yaoundé, reinforcing health cooperation ties. Regional Displacement Watch: UNHCR-linked data shows 8,521 Nigerians fled to Niger, Cameroon and Chad between Dec 2025 and May 2026, with Cameroon hosting 125,192 refugees mainly in the Far North.

Cameroon Banana Exports: Cameroon’s banana exports in May 2026 rose modestly to 14,690 tons (+1.5% y/y), with gains from CDC (+16.4%) and CDBM (+34.8%) helping offset weaker shipments from PHP (-7.9%), its lowest monthly output since the year began. Public Utilities: CAMWATER in Yaoundé reinforced stocks with 1,500 new 40mm connection kits plus additional 20mm and 40mm kits to speed up new water connections and reduce delays for households and businesses. AfCFTA Business Push: Entrepreneurs and trade experts in Yaoundé urged deeper reforms so Cameroonian firms can better use AfCFTA opportunities, pointing to early Guided Trade Initiative exports as proof of momentum. Public Finance Cleanup: Cameroon says a disability and survivor pension audit has saved about CFA12 billion annually since 2021 by removing improper payments and tightening payroll oversight. Environment & Health Policy: IPEN called for tougher international controls on lead chromates in paint, noting Cameroon among countries that have already moved to ban them. Telecom Leadership: MTN Group named Mitwa Ng’ambi as Chief People & Culture Officer, with experience across markets including Cameroon. World Cup Economy Angle: FIFA’s expanded 48-team World Cup is set to bring higher costs, stricter visa rules and new match-day rules—raising questions for host-country spending and logistics.

Public Finance Cleanup: Cameroon says a disability and survivor pension audit has saved about CFA12bn a year since 2021 by weeding out improper payments and tightening payroll oversight. Agro-Exports: Cameroon’s banana exports in May rose modestly to 14,690 tons (+1.5% y/y) as CDC and CDBM gains offset weaker volumes from Plantations du Haut Penja during the dry season. Trade & Business Policy: Entrepreneurs and experts in Yaoundé pushed for stronger reforms so Cameroonian firms can better use AfCFTA opportunities, citing early wins under the Guided Trade Initiative. Water Access: CAMWATER reinforced Yaoundé’s connection materials with new 20mm and 40mm kits to speed up new potable water connections for households and businesses. Telecom for SMEs: Camtel signed a three-year partnership with GECAM to expand SME access to secure internet, hosting, and fixed/mobile services. Industrial & Transport Push: A MoU was signed to advance the Édéa–Kribi–Lolabé–Campo railway project, while Camtel also plans youth telecom training through higher education links. Environment & Health Regulation: IPEN urged tougher international controls on lead chromates in paint, pointing to Cameroon among countries that have already moved to ban them.

AfCFTA & SME Push: Entrepreneurs and trade experts in Yaoundé urged deeper reforms to help Cameroonian firms fully benefit from AfCFTA, pointing to early Guided Trade Initiative exports as proof the deal can work. Public Finance Cleanup: Cameroon says a pension audit of disability and survivor beneficiaries has saved about CFA12bn a year since 2021 by removing improper payments. Water Access in Yaoundé: CAMWATER reinforced stocks with 1,500 new 40mm connection kits plus additional 20mm and 40mm kits to speed up new potable water connections. Industrial & Transport Moves: A MoU was signed for the Edéa–Kribi–Lolabé–Campo railway line under a public-private partnership framework, while Cameroon also pushes youth telecom training via Camtel’s partnership with GECAM. Banking Oversight: Yaoundé hosted CABS talks on strengthening prudential cooperation and financial stability amid digital finance risks. Climate & Agriculture Pressure: Cocoa farmers warned that price volatility is still squeezing livelihoods, and banana exports dipped in Cameroon’s dry season. Mining & Energy Governance: A mining forum preview highlights the need for infrastructure, power, transparency and local participation to turn mineral potential into industrial value.

Public Finance Cleanup: Cameroon says a review of disability and survivor pension beneficiaries has saved about CFA12bn a year since 2021 by removing improper payments and tightening payroll oversight. Water & Utilities: In Yaoundé, CAMWATER received new connection kits (1,500 for 40mm, 1,000 for 20mm, plus 500 extra 40mm) to speed up new household and business water connections. Banking Regulation: Yaoundé hosts the Community of African Banking Supervisors (CABS) meeting (June 4–5) on strengthening prudential cooperation and financial stability amid digital finance risks. SME Digital Support: Camtel signs a three-year partnership with GECAM to expand secure connectivity, hosting and data security for SMEs. Youth & Skills for Telecom: Camtel also agrees with MINESUP to set up an investment framework for youth training, internships and hands-on exposure in telecom. Agribusiness & Jobs: Douala women entrepreneurs and traders received CFA53m in micro-financing, while a plantain programme backs 500 students with start-up kits and targets CFA855m turnover in 11 months. Trade & Customs: Chad is studying Cameroon’s dynamic mobile phone taxation model to boost customs revenue along the Douala–N’Djamena corridor. Energy Access Tracking: AfDB launches a public Mission 300 Progress Tracker (MapAfrica) to monitor electricity expansion projects, including Cameroon. Climate & Health: World Environment Day focus includes lead paint controls under the Rotterdam Convention, while Cameroon’s blood service rolls out activities ahead of World Blood Donor Day.

Maritime & Sanctions: French prosecutors say the captain of the Tagor tanker—detained after allegedly sailing under a false Cameroonian flag—was released after about 24 hours, though the vessel remains held as investigations continue over suspected sanctions-busting links. Agri-Exports: Cameroon’s top banana exporter, Plantations du Haut Penja, shipped 9,207 tons in May 2026, its lowest monthly export since the year began, as dry-season conditions bite. Banking Regulation: Yaoundé hosts the Community of African Banking Supervisors (CABS) meeting (June 4–5) on strengthening prudential cooperation amid digital finance risks. Rail & Trade Logistics: Cameroon, AGL and Camalco are set to sign an MoU (June 4) to advance the Kribi rail corridor, aiming to connect rail, ports and mining exports. Energy & Infrastructure: Cameroon prepares to import more palm oil in H2 2026 after stocks fell below 10,000 tons, as domestic supply pressure meets volatile global prices. Inclusive Education: The “We Ring The Bell” campaign launches in Yaoundé to boost financing and access for children with disabilities nationwide through Sept. 30, 2026. Public Finance Cleanup: Government launches Operation AALFA to audit family allowances, targeting payroll fraud after a sharp rise in declared children. Higher Education Jobs: MINESUP signs new internship partnerships with CAMTEL, SOPECAM and CCAA to improve graduate employability. Security & Justice: At the Yaoundé Military Court, forensic material projected in the Matinez Zogo case showed alleged torture, as proceedings resume.

Public Finance Crackdown: Cameroon’s government launched Operation AALFA to audit the family allowance payroll, after the number of declared children jumped from 594,728 (June 2024) to 923,307 (March 2026), aiming to remove fraudulently registered children and recover improperly paid sums. Higher Education & Jobs: MINESUP signed partnerships with CAMTEL, SOPECAM and CCAA to give students from public and private universities equal access to premium internships, boosting graduate employability. Security-Logistics Link: Cameroon Petroleum Corporation (CPC) and the Ministry of Defence rolled out mobile fuel stations to strengthen military logistics and support operations in volatile zones. Infrastructure & Trade: Spain’s CENTUNION S.A., backed by Deutsche Bank Spain, is set to build four modular steel bridges to improve connectivity, with promises of local skills transfer. Energy Revenues: The Chad-Cameroon pipeline delivered CFA12.2bn in transit fees in the first four months of 2026, up 11% year-on-year, from 16.1m barrels. Aviation Investment: AfDB unveiled a $7bn program to modernize Africa’s aviation sector, targeting fleet upgrades, airport improvements and logistics integration. Cocoa Price Pressure: Cocoa farmers warned that persistent price volatility is squeezing incomes and slowing investment across the value chain.

US Visa Cuts for Africa: The US plans to shrink visa-processing “hubs” in Africa from nearly 50 to 20, with Yaoundé among the remaining hubs—raising travel costs and friction for applicants. EV Investment: Spiro, an African battery-swapping EV firm, secured $215m in equity to expand its swap network and manufacturing, with operations already in Cameroon and plans for DRC and Ethiopia. Aviation Upgrade: AfDB launched a $7bn Integrated Aviation Transformation Program to modernize African aviation, improve connectivity for AfCFTA, and cut the continent’s high air-transport costs. Central Africa Trade Talks: Cameroon hosted Yaoundé’s Pro Meet Up 5 (PROMOTE 2026-linked) to shape integrator corridors and value chains for Central Africa, with government and private-sector input. SME Support for PROMOTE 2026: Cameroon’s shippers’ council is backing selected SMEs to exhibit at PROMOTE 2026 in Yaoundé (applications due June 8). Power Sector Strain: Cameroon’s grid saw output suspended at Kribi and Dibamba plants after Globeleq account freezes tied to tax collection—highlighting wider payment risks in electricity. Oil Transit Revenue: Cameroon earned CFA12.2bn in transit fees from Chad’s crude via the Chad-Cameroon pipeline in Jan–Apr 2026, up 11% year-on-year. Humanitarian Pressure in the Sahel: UN says about 24m people need aid across the Sahel, including northern Cameroon, as violence and climate shocks worsen. Women in Cities: Women Future Cities launched its first African chapter in Cameroon, aiming to boost women’s leadership and entrepreneurship in urban development.

EV Investment: African electric mobility firm Spiro secured $215m in equity to expand its battery-swapping network, manufacturing and tech, and to push into new markets; it already operates in seven countries including Cameroon, with 100,000+ EVs and 2,500 swapping stations deployed. Aquaculture & Trade Infrastructure: Cameroon opened the Kribi Industrial Zone to aquaculture investors under a new partnership between MINEPIA and the Port Authority of Kribi, with plans to allocate 10 plots and improve port services to boost fish production and cut import dependence. Telecoms & Digital Business: CAMTEL and GeCAM are set to sign a deal to support SMEs’ digital transition, including secure connectivity, data security and storage services at the Zamengoué Data Center. Tax & Local Governance: Cameroon created Local Tax Monitoring Units nationwide via a joint ministerial order, aiming to improve traceability and expand the tax base while keeping councils’ autonomy intact. Public Health & Justice: Two NIH-linked researchers—one Cameroonian—were charged in the US over an alleged attempt to smuggle mpox-related vials and human DNA into the country via Detroit. Security Brief: Interpol says Nigeria recorded 1,934 IED incidents (2017–2024) and reports a sharp rise in Cameroon IED attacks between 2024 and 2025.

Monkeypox Smuggling Case: Two NIH researchers—one Cameroonian (Claude Kwe) and one Dutch (Vincent Munster)—were charged in the US for allegedly smuggling 113 monkeypox vials into the country and lying to customs after arriving from Congo via Detroit. Clean Mobility Investment: Spiro, an African electric mobility firm, secured a landmark $215m round to expand battery-swapping and EV infrastructure across seven markets. Refugee Support in Cameroon: UNHCR praised Cameroon’s hospitality to refugees after an audience with MINAT boss Paul Atanga Nji, including plans to relaunch voluntary repatriation for CAR refugees. Local Governance & Tax: Cameroon’s decentralisation drive gets a boost with Local Tax Monitoring Units, while experts say local tax reforms can improve council revenue without killing autonomy. Telecom Digital Push: CAMTEL and GeCAM plan a deal to help SMEs with secure connectivity, data security and storage services. Health & Labs: MTN Cameroon launched a “21 Days of Y’ello Care” campaign, including plans for a digital biomedical lab in Japoma. Ports & Trade Facilitation: Cameroon is advancing a Maritime Single Window to digitise ship clearance for faster, less paper-heavy port operations. Illegal Gold Crackdown: Sonamines disclosed huge gaps in gold exports, with 44 tonnes traced to Dubai (2021–2025) versus tiny official figures, pointing to billions in losses.

US Visa Overhaul for Africa: The U.S. plans to cut visa-processing sites from nearly 50 embassies/consulates to 20 regional hubs across 19 countries, including Yaoundé and Lagos, meaning many applicants may have to travel farther and pay more for interviews. EV Investment Boost: Spiro secured $215M equity to expand battery-swapping and electric mobility infrastructure across African markets, including Cameroon, as investors back scalable clean transport. Cameroon-Centered Cotton Support: Brazil trained about 50 Sodecoton field supervisors in soil fertility in Kaélé to help raise cotton yields, with Sodecoton targeting 600,000 tons by 2029/30. Regional Trade & Industry Push: A Yaoundé forum urged Central Africa’s transport corridors to shift from transit to industrial value chains to strengthen AfCFTA-linked processing. Human Trafficking Crackdown (Ghana): Ghana’s immigration service repatriated 105 victims after rescuing 112 suspected trafficked people in Asankragwa, including a Cameroonian among the group. Cameroon in the Spotlight (US Deportations): The U.S. released names/photos of 355 West Africans facing deportation, including 15 Cameroonians.