AGP Executive Report
Last update: an hour agoTransport: Cameroon and the Islamic Development Bank signed a €212.35 million agreement to rehabilitate the Douala–Bafoussam corridor, including 218 kilometres of national roads and 108 kilometres of feeder roads, easing freight movement to Douala Port. Maritime Security: US boatbuilder Metal Shark won a Coast Guard-backed contract to supply Cameroon with a patrol boat, spare parts, a trailer and crew training. Industrial Investment: Financing announced for Prometal and ProAlu has reached about CFA80.6 billion, combining a new working-capital facility for Prometal with loans for ProAlu’s industrial complex. Agribusiness: Banana exports rose 21.5% to 194,273 tonnes in the first nine months of 2026, though leading exporter PHP remains loss-making. Cameroon is also promoting cocoa and coffee investment at a global food forum in Rome. Affordable Housing: A new proposal targets 20,000 homes built with local materials and industrial methods; funding and timelines have not been disclosed.
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