AGP Executive Report
Last update: 12 hours agoElectricity Sector Crackdown: Cameroon’s Socadel says electricity fraud costs the country about CFA60 billion a year, launching an aggressive anti-theft drive after finding around 3,000 cases in three weeks in Yaoundé and Douala. Forestry & Wood-Processing Skills: AFD and RIFFEAC signed a €5m (CFA3.3bn) deal to fund ADEFAC 2 for five years, expanding continuing training across six Congo Basin countries, including Cameroon. SME Trade Push: Promote 2026 opened in Yaoundé with 236 local SMEs showcasing agriculture, energy, manufacturing, construction and more, supported by Afriland First Bank and the Economy Ministry. Industrial Zones Plan: Cameroon is moving toward 9,000+ hectares of new industrial zones by 2035, aiming to deepen industrial production and investment. Regional Logistics & Corridors: Central African partners are advancing corridor integration efforts, including Cameroon-linked logistics initiatives to improve trade flows. Maritime Security & Sanctions: Reports highlight how Russia’s “shadow fleet” continues operating via complex vessel practices, with a case involving a Cameroon-flagged sanctioned tanker drawing attention. Ocean Governance: At the Our Ocean Conference in Mombasa, countries including Cameroon were urged to accelerate fisheries transparency reforms to curb illegal fishing.
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