AGP Executive Report
Last update: 6 hours agoCameroon–Germany Business Push: In Yaoundé, Minister Achille Bassilekin III met German Ambassador Christian Sedat to deepen private-sector ties and boost German participation in PROMOTE 2026, with an investment forum planned for June 12–21 at the Yaoundé Conference Centre. SME Support for PROMOTE 2026: The Cameroon National Shippers’ Council launched a programme to help eligible SMEs apply to take part in PROMOTE 2026, with applications due June 8. Port Governance Update (Kribi): The Port Authority of Kribi announced a reorganisation around the industrial zone, including a review of occupancy titles and records ahead of a new contractual framework under Kribi Port Industrial Zone (KPIZ). Security & Regional Fallout: France detained a Russian-linked tanker, Tagor, in the Atlantic for alleged sanctions-busting “shadow fleet” activity, with the ship reportedly flying a false Cameroonian flag and heading toward Limbe. Local Economy/Industry: Oriole Resources formalised its joint venture stake in Cameroon’s Mbe gold project, raising ownership to 50% after acquiring an additional 10% interest. Agro-Industry (Cameroon-linked): A report also flags Cameroon’s timber export mispricing and illicit deforestation risks, pointing to financial secrecy as a driver of illegal flows.
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