AGP Executive Report
Last update: 4 hours agoOpposition: Tiriane Balbine Noah won 96.89% of votes to become the MRC’s first female president, ending Maurice Kamto’s nearly 14-year leadership and positioning the party for 2027. State-Owned Oil: A recapitalisation lifted the government’s direct stake in Sonara to 98.09%, while TotalEnergies’ share fell to 0.42%; public shareholders now control 99.58%. Regional Trade: Cameroon, Nigeria and Benin are working with Afreximbank on border upgrades, including the Mfum–Ekok corridor, to improve customs systems and trade under AfCFTA. Public Finance: Finance Minister Louis-Paul Motaze urged international lenders to expand concessional funding, warning that high debt-service costs limit developing countries’ ability to finance growth. Infrastructure: CAMTEL and SOCADEL signed an agreement to explore sharing networks and rights-of-way, potentially lowering costs and strengthening telecom and electricity systems. Presidency: The government dismissed reports of Paul Biya’s death, saying the 93-year-old president was working, as Cameroonians awaited a cabinet reshuffle.
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