AGP Executive Report
Last update: 2 hours agoOil and Gas: Cameroon’s SNH has opened a six-block licensing round, aiming to double crude output from 50,000 to 100,000 barrels a day; results are expected in June 2027. Transport: The government signed a €212.35 million Islamic Development Bank deal to rehabilitate the Douala–Bafoussam corridor, covering 218 km of highways and 108 km of feeder roads. Manufacturing: Keda has started a third tile-production line in Kribi that will lift annual capacity by nearly 67%, to 33.5 million square metres. Agro-processing: A $15 million Indonesia-Cameroon partnership will build a cassava-processing plant, with completion targeted in two to three years. Power: Socadel has launched CFA44.54 billion in tenders to boost electricity capacity and replenish equipment stocks. Mining: Cameroon is seeking higher gold revenue in 2027, but questions remain over whether communities receive their share of existing proceeds.
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