AGP Executive Report
Last update: 12 hours agoCement & Power Shock: Cameroon’s Minister Gaston Eloundou Essomba reassured Lafarge/CIMENCAM after the Figuil cement plant shut down on June 4 due to power shortages tied to Lagdo dam water levels dropping to 206.9m. Agri Launch: Cameroon will kick off the 2026 northern farming season June 18 in Poli, as food insecurity in the North belt is worsened by conflict spillovers and climate stress. Coffee Market: ONCC data shows Cameroon robusta prices rising for the first time in nearly three months, up CFA75–CFA100/kg to CFA1,275–CFA1,400 on June 16. EU Support: The EU granted over CFA37bn to boost Cameroon’s digital economy plus cocoa and timber sectors, including SME digital acceleration and sustainable cocoa/forestry programmes. Mining Step: Oriole Resources begins a maiden 1,000m diamond drilling campaign at Wapouzé limestone to support a cement-supply mineral resource, using a “drill for equity” deal. Textile Value Chain: CAPEF met Tunisia’s CETTEX to develop Cameroon’s cotton-to-textiles pipeline, aiming to reduce raw cotton exports. Security Pact: Nigeria and Cameroon signed a defence MoU to strengthen land and maritime security along the shared southern border, including intelligence sharing and joint training.
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