AGP Executive Report
Last update: 7 hours agoAgro-Industry: Cameroon Development Corporation says it is expanding cultivation and investing in factories, equipment and replanting as it works to recover from years of conflict and disruption. Power: The government has approved state utility Socadel as buyer of Globeleq’s stakes in the Kribi and Dibamba plants, which supply more than a fifth of the main grid. The deal is not yet closed. Business Growth: Entrepreneurs say poor infrastructure, limited finance and skills gaps are holding them back from AfCFTA opportunities. A nationwide SME matchmaking week is planned for Nov. 16–22. Food Processing: Olam Agri plans to invest about $400 million in African processing by 2028, including new feed mills in Cameroon. Economic Pulse: GDP grew 1.6% quarter-on-quarter in early 2026, despite public investment falling 27.7%. Industrial Safety: An explosion at a steel plant killed four people and injured 16, prompting a governor to call for its shutdown.
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