AGP Executive Report
Last update: 6 hours agoEnergy & Industry: Cameroon’s Minister Gaston Eloundou Essomba reassured Lafarge’s CIMENCAM after the Figuil plant in the North suspended operations on June 4 due to power shortages linked to low Lagdo dam water levels. Security Diplomacy: Nigeria and Cameroon signed a defence and security MoU in Yaoundé to strengthen cooperation along their shared southern border, covering intelligence sharing, joint training, logistics support and maritime security in the Gulf of Guinea. Trade & Investment: The EU granted over CFA37 billion to back Cameroon’s digital, cocoa and timber sectors, including programmes for SME digital acceleration and sustainable cocoa/forestry. Business & Fairs: PROMOTE 2026 in Yaoundé drew 20 German companies, while the Yaoundé International Business, SME and Partnership Exhibition opened to boost regional trade and locally made products. Transport & Economy: Cameroon expects higher gains from the Chad-Cameroon oil pipeline, collecting CFA15.1 billion in transit fees from January to May 2026. Sports: SNH’s Kuere Rodrigue won the Cameroon International Cycling Tour, and Cameroon Cup volleyball finals crowned Litto Team Douala (women) and Port Autonome Douala (men).
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