AGP Executive Report
Last update: 10 hours agoRegional Trade: Cameroon is joining Benin and Nigeria in plans to digitally connect customs systems, with Afreximbank support. The move could cut border delays and paperwork for traders, though concerns remain over implementation and data security. Agro-Processing: The government is considering more technology centers to help rural women process farm produce, while limited access to land and finance remains a hurdle. Oil and Gas: Tower Resources has secured a one-year extension for its offshore Thali license to October 2027 and is targeting a second-quarter 2027 drilling start. Investment: Indonesia-Cameroon business talks produced 19 agreements and a reported US$60 million in potential deals, including plans for tapioca and fertilizer plants, river-sand mining and fish-processing technology. Energy: Huawei has proposed digital upgrades for Cameroon’s power network, where transmission and distribution losses were about 25% of output in 2024.
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