AGP Executive Report
Last update: 12 hours agoPort & Logistics: Cameroon is fast-tracking the long-delayed Limbe Deep Seaport, with Prime Minister Joseph Dion Ngute pushing ministries and local authorities to clear remaining feasibility, land and environmental hurdles so the project can move from paperwork to ground-breaking. Digital & Exports: Cameroon secured over 36 billion CFA francs in EU grants to boost digital transformation and competitiveness, including support for SMEs’ digital adoption and programs targeting cocoa and forests. Cocoa Value Chain: Chocolat Rouge’s Obala factory is preparing to deliver its first chocolate bars to market within three weeks, as Cameroon deepens local processing and eyes export opportunities. Energy Planning: Cameroon has started developing energy accounts with ECA, NIS and the World Bank to better track energy extraction, production, consumption and environmental impacts for policy decisions. Trade Facilitation: Cameroon suspended the mandatory Electronic Cargo Tracking Note (BESC) on Douala-N’Djamena and Douala-Bangui corridors after complaints that it adds cost and delays for regional transit. Agribusiness Capacity: KOPIA began rice seed production training, strengthening certified seed systems across West Africa. Finance for Local Firms: IFC selected seven Cameroonian companies for its Local Champions Initiative to improve governance and investment readiness.
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