By the AFREEQUE newsroom, based on EcoMatin
The RACINE project, approved by the Green Climate Fund, will mobilise 141 billion CFA francs to raise Cameroon’s cocoa production to 600,000 tonnes. It also plans to reach 750 kilogrammes per hectare and reduce post-harvest losses, according to EcoMatin.
Ongoing story · day by day
Senegal assesses its agricultural needs, expects arrears and mobilises funds for the groundnut campaign.
29 OctCameroon plans 600 billion CFA francs for domestic debt
29 OctBurkina Faso plans more than CFA 138bn to combat AIDS by 2030
28 OctArmed attack in Faranding, Senegal, leaves one injured and costs 6.7 million CFA francsBharat Petroleum Corporation plans to invest an additional $1.8 billion in its Mozambique gas project, bringing its total commitment to $4.5-$4.6 billion. Production is due to begin in mid-2028, while the company is already marketing 1 million tonnes of gas a year to India, according to Club of Mozambique.
🇲🇿 Mozambique · Source: Club of Mozambique ·
Dangote will supply half of Cameroon’s imported fuel after nine months of negotiations with a delegation from the Cameroonian presidency. The agreement concluded in Lagos also involves MRS Holding and should reduce costs linked to intermediaries, according to EcoMatin.
🇨🇲 Cameroon · Source: EcoMatin ·
BGFIBank Cameroon and Atlantic Group have signed a CFA franc 23 billion financing agreement to build a clinker grinding plant in Kribi. The cement plant is expected to produce one million tonnes a year and extend their cooperation in cocoa processing, reports EcoMatin.
🇨🇲 Cameroon · Source: EcoMatin ·
French courts have upheld a seizure of CFA francs 11.7 billion targeting the Cameroonian state in the dispute over the Garoubé Pilot Project. The measure was requested by a fund based in the Cayman Islands, according to EcoMatin, which describes the decision as another setback for Yaoundé.
🇨🇲 Cameroon · Source: EcoMatin ·
GIC Rating launches Central Africa ratings forumGIC Rating is organising the first regional forum on financial ratings in Central Africa in Douala, after its agency was approved by COSUMAF on 7 August 2026. The agency has not yet rated any issuer but aims to offer a regional alternative to Moody’s, S&P and Fitch, according to Camer.be.
Illustrative imageWorld Bank counts 729,000 poor people in Gabon in 2026An estimated 729,000 people in Gabon would be living in poverty in 2026, according to a World Bank estimate. The figure illustrates the persistence of hardship in the country, as the authorities have recently strengthened social protection measures, according to Direct Infos Gabon.The week in Africa
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