AGP Executive Report
Last update: 2 hours agoPublic Finance & Governance: Cameroon has started an updated review of nearly CFAF 1 trillion in public administration deposits held by commercial banks, aiming to identify which funds can be moved into the Treasury Single Account (TSA) and improve cash visibility. Security in the Far North: Authorities plan to strengthen the fight against Boko Haram by creating a new elite BIR Lake Chad unit, after a security mission to Waza and meetings in Maroua. Infrastructure & Transport: The Public Works Minister inspected National Road No. 5 (Douala–Bekoko–Nkam Bridge) and ordered damage surveys and emergency maintenance options to restore safety and trafficability. Energy & Cost of Living: Cameroon’s diesel import cost jumped 49.1% in three months, widening the gap between import costs and the regulated pump price in Douala. Private Investment & Jobs: The Kam Plaza Hotel project in Japoma (Douala) secured investment incentives for about CFAF 2.81bn and targets 82 direct jobs. Industrial Financing: Afreximbank approved a €40m (CFA26.2bn) revolving facility for Prometal SA to boost steel operations and raw-material imports. Anglophone Crisis Memory: October 1 “ghost town” protests again reshaped daily life in the North-West and South-West, with security clampdowns and widespread shutdowns.
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