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24, June 2026

Cameroon, PROPAV Infrastructure Ltd sign MoU for construction of Bekoko-Limbe-Idenau road ⁰

Cameroon has taken a step toward the construction of the Bekoko-Limbe-Idenau road with the signing of an agreement with British firm PROPAV Infrastructure Ltd, which will now prepare financing proposals for the project.

The Memorandum of Understanding (MoU) was signed in Yaounde on June 19 by Minister of Public Works Emmanuel Nganou Djoumessi and representatives of the British firm. The corridor cuts through the South-West Region and is considered strategic for trade, mobility and economic activity along Cameroon’s Atlantic coast.

The agreement establishes a framework for the next phase of project development, including site visits, technical assessments and the preparation of financial proposals required before construction can begin. Authorities say the move is intended to accelerate implementation of a project regarded as a key component of the region’s economic development plans.

According to the Ministry of Public Works, the Bekoko-Limbe-Idenau road has been identified as the priority project among three major road corridors discussed with PROPAV Infrastructure Ltd. The other routes are Loum-Tombel-Kumba-Mundemba and Mutengene-Buea. Officials said Bekoko-Limbe-Idenau was selected first because technical studies have already been completed, allowing preparations to advance more quickly toward financing and execution.

The project is expected to improve connectivity between major economic centres in the South-West Region, facilitate the movement of goods and people, and strengthen access to commercial and industrial zones. The agreement marks an important step in moving the project from the planning stage toward investment mobilisation and eventual construction. Authorities believe the road will play a significant role in supporting economic activity along Cameroon’s Atlantic coast.

Djoumessi said the MoU was intended to translate a shared commitment into concrete action. He noted that the parties had identified three strategic roads in the South-West Region, with the Bekoko-Limbe-Idenau corridor designated as the priority project.

“Based on this Memorandum of Understanding, PROPAV, which is based in London and has financial backing, will propose financing conditions for the project and we will move forward. Together, we will discuss a timetable so that work can begin very quickly and ensure that the signing of an MoU does not remain only a document,” he said.

The agreement also enables PROPAV Infrastructure Ltd to submit technical and financial offers aligned with the expectations of the contracting authority. Company officials said they are ready to undertake the technical, financial and environmental assessments required before field operations commence.

United Kingdom High Commissioner to Cameroon Matt Woods, who accompanied the PROPAV delegation, welcomed the signing and praised the cooperation between the parties. He also thanked the Ministry of Public Works for its cooperation during discussions leading to the agreement.

“I am very pleased to be here with PROPAV and its Country Manager, Paula Miguel. This is the first step of a collaboration that I believe will be very fruitful. I have seen the personal commitment of the minister and the commitment of PROPAV, and I am confident that this road will be delivered,” Woods said.

British partners also reiterated their commitment to supporting implementation of the project, noting that the required studies for the priority road have already been completed. The MoU now provides the framework for advancing technical preparations, financing discussions and planning ahead of the start of construction works.

Source: Business in Cameroon

23, June 2026

Owona Nguini’s attacks on Samuel Eto’o are becoming increasingly unconvincing ⁰

Professor Mathias Éric Owona Nguini is among the many French Cameroun political elites facing war crime charges in Southern Cameroons. The so-called professor has every right to criticize the leadership of the Cameroon Football Federation (FECAFOOT) and its president, Samuel Eto’o.

Frankly speaking, healthy debate is essential in football administration. However, Owona Nguini’s recent attacks increasingly appear driven more by personal and political motives than by a balanced assessment of the realities facing Cameroonian football.

In the aftermath of the Indomitable Lions’ failure to qualify for the 2026 FIFA World Cup, Owona Nguini publicly blamed the Cameroon Football Federation and Eto’o for the disappointment. The Cameroon Football Federation responded by rejecting his accusations and defending its role during the qualification campaign.

What is very disturbing is that the so-called professor’s interventions rarely come with practical solutions. Cameroon football has suffered from administrative conflicts, CPDM government interference, poor infrastructure and institutional rivalries for decades. Reducing every problem to Samuel Eto’o is an oversimplification that ignores the broader challenges that existed long before Eto’o arrived at FECAFOOT and deliberately ignoring the destruction that was caused by Owona Nguini’s late dad Professor Joseph Owona and his gang during their time at the FIFA Normalization Committee.

Many football commentators and observers are beginning to wonder whether Owona Nguini’s constant criticism is linked to a desire to maintain the influence once exercised by his late father within Cameroonian football circles. Whether that perception is fair or not, the so-called professor’s repeated attacks risk looking like a campaign against a man rather than a constructive contribution to football governance in Cameroon.

Samuel Eto’o’s tenure has not been free of controversy. He has faced criticism and disciplinary issues during his time as FECAFOOT president, and those matters deserve scrutiny. But criticism should be accompanied by credible alternatives and concrete proposals.

For those who do not know like Owona Nguini, Cameroon football does not need endless personal battles. It needs ideas, reforms and unity. If Mister Owona Nguini wants to be taken seriously as a stakeholder in the future of the Cameroonian game, he should spend less time launching personal attacks and more time presenting solutions. So far, many of his interventions have generated headlines and controversy, but little in the way of a roadmap for improving Cameroonian football.

The future of the sport in Cameroon will not be built through nostalgia, Owona family legacies or media confrontations. It will be built through competence, accountability and results—standards that should apply equally to President Samuel Eto’o, CPDM Professor Owona Nguini and anyone else seeking influence in the Cameroonian game.

By Soter Tarh Agbaw-Ebai

20, June 2026

World Cup: Iran to lodge complaint with FIFA over travel restrictions ⁰

Iran’s World Cup team will lodge a complaint with FIFA saying they are being subjected to travel restrictions during the tournament in North America, the Iranian football federation spokesman said on Thursday.

“Despite having submitted its preparation schedule for the tournament well in advance, Iran’s national football team has once again encountered restrictions imposed by the organisers, affecting the implementation of its technical staff’s plans,” the spokesman said.

Iran wanted to fly from their base camp in Tijuana, Mexico, to the United States two days before their next match, against Belgium in Los Angeles on Sunday.

But the Iranian federation said its request was turned down.

“Given that the game will be played at 12pm local time in Los Angeles, the Football Federation of Iran requested that the team be allowed to travel to Los Angeles two days before the match,” the spokesman said.

“The aim was to provide sufficient time for players to adapt to the match conditions, complete their final training session, and finalise preparations.

“Despite the technical reasons presented by the federation, the request was once again denied.”

The Iranians were also angry that they had to leave Los Angeles the night of their first game of the World Cup, a 2-2 draw against New Zealand.

The US administration has pushed back against the Iranian claims.

Andrew Giuliani, the executive director of the White House FIFA Task Force, said on Monday that Iran had been informed in advance that they would be allowed to come into the United States only on the day before the game.

“The team will be allowed to come in, match day minus one, so the day before the match,” Giuliani told CBS News.

“They’ll be asked to leave the day that the match wraps up, so the evening of the match. And they’ll be able to do that again in Los Angeles.”

He added that the procedure would be the same for Iran’s final group game against Egypt in Seattle on June 26.

Source: AFP

20, June 2026

Promote 2026 opens in Yaoundé ⁰

Cameroon’s small and medium-sized enterprises are showcasing their products and services at the 10th edition of Promote, the International Trade Fair for Business, SMEs, and Partnerships, which opened on June 12 at the Yaoundé Conference Center.

According to organizers, 236 local SMEs are taking part in the event, which runs through June 21 and remains one of the most important business gatherings in Central Africa.

Many of the participating companies received support from either the government or large private-sector firms. Afriland First Bank, one of Cameroon’s leading lenders and a longtime supporter of the event, sponsored the participation of 40 SMEs this year. The Ministry of Economy financed the attendance of another 100 local businesses.

Held under the theme, “Private Enterprises and the Business Environment: Navigating National and Global Economic Challenges,” Promote 2026 features a broad program that includes an exhibition, conferences, thematic workshops, business meetings, and networking activities.

Organized every two years by the Inter-Progress Foundation on behalf of the Cameroonian government, Promote has grown into the largest economic forum in Cameroon and the wider Central African region. The event now attracts about 1,000 exhibitors from both Cameroon and abroad.

Participants from the public and private sectors represent a wide range of industries, including agriculture and agribusiness, energy, manufacturing, construction, mining, infrastructure, information and communication technologies, healthcare, banking, finance, insurance, tourism, crafts, and communications.

Source: Business in Cameroon

17, June 2026

Cameroon, Nigeria sign border security pact ⁰

Nigeria and Cameroon have signed a Memorandum of Understanding on bilateral defense cooperation, with a focus on securing their shared southern border and strengthening maritime security in the Gulf of Guinea.

The agreement was signed in Yaoundé on Wednesday by Nigeria’s Minister of Defense, General Christopher Musa (retd.), and Cameroon’s Minister Delegate at the Presidency in charge of Defense, Mr Joseph Assomo, following two days of deliberations by defense and security experts from both countries.

According to a statement on Wednesday by Musa’s media aide, Leah Katung-Babatunde, the MoU establishes a framework for cooperation across terrestrial and maritime domains and covers intelligence sharing, operational coordination, logistics support, joint military training, personnel exchange programmes, and collective response mechanisms to emerging security threats.

“In a major step toward regional stability, the Honourable Minister of Defence of the Federal Republic of Nigeria, General Christopher Musa (retd.) OFR, today signed an MoU with the Minister Delegate at the Presidency in charge of Defence of the Republic of Cameroon, Mr Joseph Assomo, to deepen bilateral defence cooperation and secure their shared southern border.

“The signing ceremony in Yaoundé concluded two days of intensive deliberations by defense and security experts from both nations. The agreement establishes a modernised framework to counter emerging threats across both terrestrial and maritime domains.

“The Memorandum of Understanding establishes a renewed framework for cooperation in securing the terrestrial and maritime domains along the Nigeria–Cameroon southern border and reinforces the long-standing defence relationship between both nations.

“Key areas highlighted during the engagements included enhanced operational coordination, intelligence sharing, logistics support, joint military training, personnel exchange programmes, and strengthened mechanisms for collective response to emerging security challenges,” the statement partly read.

Speaking at the signing ceremony, Musa said the agreement “would henceforth provide a structured framework for military cooperation and operations between both countries and further institutionalise collaboration in addressing common security concerns.”

Both sides also discussed the operationalisation of the Combined Maritime Joint Task Force, described as a strategic platform for enhancing maritime security and safeguarding economic interests within the Gulf of Guinea, where Nigeria and Cameroon are key stakeholders.

On defense industry cooperation, General Musa noted that “one of the enduring challenges confronting African defence capability development has been limited indigenous production of military hardware,” and stressed the need for stronger regional industrial partnerships. He highlighted opportunities under Nigeria’s Defence Industries Corporation framework and reaffirmed Nigeria’s openness to collaboration in defence manufacturing, technology transfer, research and innovation.

Assomo, in response, expressed interest in advancing cooperation in defense technology and confirmed that a formal proposal framework is being finalised to concretise bilateral arrangements in that area.

The signing marks what both governments described as a pivotal milestone in Nigeria–Cameroon relations, reinforcing their shared commitment to regional peace and sovereignty.

The signing comes days after armed Cameroonian soldiers allegedly invaded the Danare community in Boki Local Government Area of Cross River State, causing widespread panic.

Culled from Punch Nigeria

17, June 2026

Yaoundé: US ambassador signals shift from aid to investment ⁰

The United States is stepping up efforts to expand trade and investment ties with Cameroon, positioning itself as a business partner rather than a traditional aid donor. At a conference organised by the American Chamber of Commerce in Cameroon (AmCham) during the PROMOTE 2026 Enterprise Fair in Yaounde on June 16, John Robinson, Chargé d’Affaires at the US Embassy in Cameroon, said Washington is prioritising investment, financing and private-sector partnerships to drive economic growth in Cameroon and across Africa.

Robinson said US agencies continue to support trade, export promotion, project financing and entrepreneurship while encouraging American companies to pursue opportunities in Cameroon through partnerships with local businesses. He added that Washington’s approach to commercial diplomacy in Africa centres on mutually beneficial economic partnerships designed to stimulate sustainable growth and create opportunities for businesses on both sides.

“Washington’s vision for commercial diplomacy in Africa is clear. We want to be a reliable partner for economic growth, one that emphasises mutually beneficial trade, investment and technology transfer rather than aid. We recognise that a thriving private sector is the engine of economic growth,” Robinson said.

He noted that agencies including the US Commercial Service, the Export-Import Bank of the United States, the International Development Finance Corporation (DFC) and the Small Business Administration remain active in supporting entrepreneurs, facilitating trade and connecting American companies with opportunities across Africa.

According to Robinson, the US Embassy works closely with AmCham Cameroon to strengthen the country’s business ecosystem and create conditions that allow both American and Cameroonian companies to expand their operations. He said the objective is to help local firms benefit from American expertise, technology and investment while encouraging US companies to increase their presence in the Cameroonian market.

Cameroon positioned for expanded commercial partnerships

Robinson described Cameroon as a strategic economic partner and said the participation of American businesses at PROMOTE reflected growing interest in the country’s commercial opportunities. He encouraged Cameroonian firms to engage with AmCham and the embassy’s commercial services to explore programmes designed to support expansion into new markets and investment partnerships.

“AmCham’s presence sends a clear signal that American companies are ready to compete, partner and succeed in Cameroon. Together, we can build a stronger and more dynamic US-Cameroon economic partnership,” Robinson said.

Speaking to reporters after the conference, AmCham Cameroon President Laure Djoukam said several US agencies continue to provide support for bilateral trade and investment through financing facilities, business matchmaking and commercial promotion programmes.

She cited the DFC’s role in financing projects and joint ventures involving American and Cameroonian partners, as well as support from the Export-Import Bank for projects involving equipment and products sourced from the United States. Djoukam noted that while some requirements have evolved under the current US administration, particularly regarding American content in supported projects, the agencies remain actively engaged in promoting trade.

“We have concrete achievements. Companies have been established following trade missions and business missions, particularly in agribusiness, processing and poultry production. There is also activity in the energy sector and a major hotel project being developed through American financing,” Djoukam said.

She pointed to developments in agribusiness, poultry production, energy and hospitality as examples of investments linked to business missions and commercial exchanges between the two countries. Among the projects cited was the construction of a major Radisson hotel supported through American financing.

While Cameroon remains outside the African Growth and Opportunity Act (AGOA) framework, business leaders at the conference expressed optimism that efforts to restore the country’s eligibility could further strengthen trade relations. In the meantime, officials say ongoing investments in key sectors suggest that commercial engagement between the United States and Cameroon continues to expand through private-sector partnerships, financing arrangements and business development initiatives.

Source: Business in Cameroon

16, June 2026

Yaoundé earns CFA15 billion from Chad Oil Pipeline transit fees in 5 months ⁰

Cameroon collected CFA15.1 billion in transit fees from the transport of Chadian crude oil between January and May 2026, according to data reviewed by Business in Cameroon.

Monthly revenue reached CFA2.94 billion in January, CFA3.52 billion in February, CFA2.85 billion in March, CFA2.83 billion in April, and CFA2.95 billion in May. The latest figures extend a positive trend recorded earlier in the year. By the end of April, transit fees had already generated CFA12.15 billion for the Cameroonian Treasury, up CFA1.2 billion, or 11%, from the same period in 2025.

According to the Petroleum Products Pricing Stabilization Fund (CPSP), the increase reflects sustained crude oil volumes moving from Chad’s oil fields to Cameroon’s Atlantic coast through the Chad-Cameroon pipeline.

Between January and April 2026, about 16.1 million barrels of crude oil were transported through the 1,080-kilometer pipeline. As a landlocked country, Chad relies heavily on the pipeline to export its crude oil to international markets. The oil is transported to the offshore terminal at Kribi in southern Cameroon, where it is loaded onto tankers for export. In return for the use of its territory, Cameroon receives a transit fee on every barrel shipped through the pipeline. The fee currently stands at $1.321 per barrel.

The current rate is the result of negotiations launched by Cameroon in 2013 to secure periodic increases in the tariff. When the pipeline entered service, the transit fee was set at just $0.41 per barrel. The rate was subsequently revised upward in 2013 and again in 2018, reaching its current level.

Under the agreement between the two countries, another review of the tariff was expected to take effect from October 1, 2023. As crude volumes continue to move through the pipeline, the issue of a new increase in transit fees could return to discussions between Yaoundé and N’Djamena.

Source: Business in Cameroon

10, June 2026

Biya regime cracks down on counterfeit money networks ⁰

Cameroon’s security forces have intensified efforts against counterfeit currency networks after separate operations in Douala and Yaoundé uncovered large quantities of fake money and equipment used to produce it. In Douala, the National Gendarmerie dismantled an alleged network specializing in the production and distribution of counterfeit coins. Acting on what authorities described as reliable intelligence, officers raided a workshop hidden inside a commercial store that served as a front for the operation.

According to reports from state broadcaster CRTV and several local media outlets, the suspects were involved in manufacturing fake CFA500 and CFA100 coins. Equipment used in the production process was discovered at the site, providing evidence of an organized counterfeiting operation. The case highlights a lesser-known form of financial crime that often receives less attention than counterfeit banknotes: the production of fake coins.

Investigators are now working to determine the size of the network, its distribution channels, and whether accomplices helped circulate the counterfeit currency through markets and informal trading networks. In a separate operation, officers from the Ahala Gendarmerie post in Yaoundé arrested a 21-year-old suspect on May 21 in connection with an alleged counterfeit currency trafficking scheme.

The suspect was apprehended in the Carrefour Banane area of Yaoundé II while carrying a large quantity of counterfeit banknotes that had been carefully packaged. According to the National Gendarmerie, the fake currency seized in the operation had an estimated face value of nearly CFA100 million. Authorities said the counterfeit notes included foreign currencies, notably U.S. dollars and Swiss francs, based on preliminary findings.

The suspect and the seized materials were transferred to a gendarmerie unit, where an investigation has been opened to identify possible accomplices and determine the full extent of the network.

The arrests come as security agencies maintain heightened vigilance over counterfeit currency circulation in Cameroon. Several major seizures have been reported in recent months, including operations in Douala and Maroua in the Far North Region.

According to security officials, some of the counterfeit banknotes recovered during these operations appear to imitate the Bank of Central African States’ “Type 2020” banknote series, which was introduced across the CEMAC region in December 2022. The discovery underscores the ability of counterfeiters to adapt despite enhanced security features incorporated into the new currency series.

Authorities say the growing number of cases points to increasingly organized criminal networks that combine local production, distribution channels, and potentially cross-border operations. Informal markets, small businesses, currency exchange activities, and cash-based transactions remain particularly vulnerable.

For security agencies, the challenge is twofold: dismantling production and distribution networks while also raising public awareness about counterfeit currency. In a country where cash remains the dominant payment method, officials warn that fake coins and banknotes pose a direct threat to merchants, households, and confidence in everyday commercial transactions.

Source: Sbbc

9, June 2026

Southern Cameroons Crisis: Suspected Ambazonia fighters kill two students in Bambui ⁰

Gunmen suspected to be Ambazonia Restoration fighters shot and killed two students Monday in Bambui, a locality some few kilometers away from Bamenda the chief city in the North West region.

Cameroon Concord News gathered that the students were riding a commercial motorcycle when the gunmen opened fire.

The victims were university students residing in Bambui.

Police reports indicate that attacks on students and teachers have become frequent in Bambui.

Cameroon’s English-speaking Northwest and Southwest regions have been experiencing an armed separatist conflict since 2017, with separatists seeking to create a new nation known as the Federal Republic of Ambazonia.

By Fon Lawrence

9, June 2026

BEAC halts key refinancing facility for productive investments across CEMAC ⁰

The Bank of Central African States (BEAC) has suspended new refinancing operations under a key facility designed to support productive investment across the six-member Central African Economic and Monetary Community (Cemac), according to sources familiar with the matter.

The decision was reportedly made after heated discussions during a meeting of the bank’s Monetary Policy Committee (MPC) in Yaoundé on April 2.

The suspension affects medium-term credit refinancing for investment projects, a mechanism that allows commercial banks to obtain funding from the central bank after extending loans to businesses undertaking qualifying projects. According to a BEAC source, the measure is temporary and is intended to give the institution time to modernize the facility.

“This is a provisional suspension that will allow us to update the operating framework of a mechanism that has been in place for decades. For now, we are no longer accepting new refinancing requests from commercial banks, but we continue to process applications submitted before the suspension took effect,” the source said.

The move follows comments made by BEAC Governor Yvon Sana Bangui during a September 2025 press conference, when he announced plans to reform the facility, formerly known as Window B. At the time, he said the review was intended to adapt the mechanism to current economic realities.

A Tool Designed to Support Investment

The Cemac money market operates through two main channels. The first is the interbank market, where commercial banks lend to one another using liquidity held at the central bank. The second consists of BEAC interventions through two refinancing facilities known as Window A and Window B.

“Window A is the traditional monetary policy channel through which liquidity is injected into or withdrawn from the banking system. Window B is dedicated to refinancing medium-term loans granted for productive investment,” Bangui previously explained.

Under the rules governing the facility, BEAC financing cannot exceed 60% of a project’s total cost.

Refinancing requests of up to CFA20 billion can be approved directly by the governor. Applications above that threshold require approval from the Monetary Policy Committee. National BEAC directors can approve requests of up to CFA4.5 billion per quarter, with a monthly ceiling of CFA1.5 billion.

For years, commercial banks across Cemac made extensive use of Window A while largely ignoring Window B. “In June 2025, we brought together all commercial banks in Bangui and presented the facility. The finding was striking: many banks were simply unaware that the instrument existed,” Bangui revealed following the September 2025 MPC meeting.

That changed after BEAC’s outreach campaign. Cameroonian banks, in particular, began using what the central bank now calls the Special Refinancing Facility. In 2025 alone, BEAC approved refinancing for CFA41.2 billion in loans linked to the Bipindi-Grand Zambi iron ore project in Cameroon and CFA31.3 billion in financing for telecommunications operator Camtel’s investment program.

CCA Bank was also authorized to raise CFA30 billion from the central bank to help finance a mining project in the Republic of Congo. Afriland First Bank sought refinancing support for a CFA20 billion palm oil processing plant project being developed by the Cotton Development Company (Sodecoton).

Given the growing interest from commercial banks, the suspension temporarily removes an important source of funding for both lenders and industrial projects. Until the revised framework is finalized, banks and businesses across Cemac will have one less tool available to finance investments considered critical to the region’s industrial development.

Source: Business in Cameroon