AGP Executive Report
Last update: 2 hours agoElectricity Fraud Crackdown: Cameroon’s new distributor Socadel will launch an aggressive, day-and-night campaign against electricity theft, after inspections in Yaoundé and Douala flagged about 3,000 fraud cases in three weeks; the government estimates losses at around CFA60 billion a year. Forestry Skills Boost: France’s AFD and RIFFEAC signed a CFA3.3 billion (about €5m) deal in Yaoundé to fund ADEFAC 2, a five-year push to strengthen continuing training for sustainable forest and wood-processing across six Congo Basin countries, including Cameroon. Regional Fisheries Transparency: The Our Ocean Conference in Mombasa ended with a push for faster fisheries transparency reforms, praising Cameroon’s efforts to embed accountability measures to curb illegal fishing. El Niño Food Security Alarm: FAO and WFP are seeking $202 million to protect 8.8 million people in 22 high-risk countries from El Niño-driven floods, droughts and storms, with Cameroon listed among the affected. Conservation Under Pressure: Researchers in Chad link demand for vultures in West Africa to rapid declines in central African populations, showing how poaching pressures cross borders. Infrastructure Deal: Cameroon’s Public Works ministry signed an MoU with UK firm PROPAV Infrastructure to draft technical and financial proposals for the Bekoko–Limbe–Idenau road, including required environmental assessments. Ebola Disrupts Finance Meetings: Afreximbank moved its 2026 AGM to correspondence after Ebola concerns in parts of Africa, shifting the shareholder meeting away from in-person attendance.
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