AGP Executive Report
Last update: 5 hours agoClean Mobility Investment: Spiro, an African electric mobility firm running battery-swapping for motorcycles, secured $215 million in equity funding to expand its swap network and manufacturing footprint across Africa, already operating in Cameroon and six other countries and planning further growth into the DRC and Ethiopia. Humanitarian & Climate Pressure: The UN says about 24 million people across the Sahel—including northern Cameroon—need humanitarian assistance as violence, displacement, and climate shocks worsen; floods, drought and desertification are driving deeper needs. Power Sector Stress: Cameroon’s electricity supply faces turbulence after two plants (Kribi and Dibamba) suspended output from the Southern Interconnected Grid, linked to a tax dispute and wider payment delays in the sector. Gender-Based Violence Alarm: Cameroon’s government called for stronger legal action as femicide and violence against minors rise, citing a jump from 50 women murdered (2023) to 77 (2025) and continued increases in 2026. Digital & Enterprise Connectivity: CAMTEL and GeCAM are set to sign a deal to support SMEs and VSBs with secure connectivity, data security and hosting services, including at the Zamengoué Data Center. Food Insecurity Support: Cameroon Red Cross, with IFRC support, delivered CFA 51.3 million in cash to 900 households in Yagoua to help cover food, healthcare and schooling. Illegal Mining Crackdown: Cameroon moved to halt fraudulent gold mining and tighten rules for operators, including environmental bonds and production targets, to curb illegal activity and smuggling.
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