AGP Executive Report
Last update: 2 hours agoPublic Spending: Cameroon’s Parliament opened its November session on Nov. 10, with the 2027 budget at the centre of debate. The government is targeting public investment of at least 30% of the budget, up from 23.4% in 2026. Telecommunications: MTN Group reported 17.2% service-revenue growth for the first nine months of 2026, with Cameroon among the markets making stronger contributions. Agribusiness: Olam Agri plans a 300,000-tonne poultry-feed facility in Cameroon by early 2028, adding processing capacity to the food sector. SME Finance: Cameroon’s Deposit and Consignment Fund has allocated CFA5 billion in bank loans for women- and youth-led businesses, with individual financing capped at CFA75 million. Power: The state is moving to acquire UK-backed Globeleq’s CFAF-equivalent $140 million stakes in power plants supplying more than a fifth of the main grid, while Douala industries could receive an additional 170 MW from Nachtigal by year-end.
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