AGP Executive Report
Last update: 9 hours agoIndustrial Safety: An explosion and fire at Metafrique Steel’s Bassa plant in Douala killed at least four people and severely burned 16. Littoral Governor Samuel Dieudonné Ivaha Diboua cited safety concerns after a previous fire; an investigation is under way, and authorities may suspend operations. Business Links: Cameroon’s CCIMA and Türkiye’s TOBB signed an agreement to establish a bilateral business forum and promote joint investment, building on 2025 trade of about $349 million. Tunisian investors also met the National Shippers’ Council to explore construction, public works and building-materials opportunities. SME Finance: At a Doha investment forum, Cameroon proposed expanding entrepreneurship training nationwide and developing guarantee and co-financing tools for SMEs, including firms in agro-industry and manufacturing. Regional Manufacturing: Afreximbank’s $81.9 million loan will help expand Nigeria’s Veenocks tile plant, with Cameroon among the target markets for its planned regional sales.
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