By the AFREEQUE newsroom, based on Investir au Cameroun
The Cameroonian government plans to set aside 600 billion CFA francs in 2027 to settle part of its domestic debt, Finance Minister Louis Paul Motaze announced. The allocation still has to be decided by the presidency before the budget is sent to Parliament, while Treasury arrears reach 703.5 billion CFA francs, according to Investir au Cameroun.
Ongoing story · day by day
Senegal assesses its agricultural needs, expects arrears and mobilises funds for the groundnut campaign.
29 OctCameroon mobilises 141 billion CFA francs to double cocoa production
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 francsThe Nigerian government is defending its $21.7 billion external financing plan, presented by Finance Minister Taiwo Oyedele as an investment in infrastructure and productive sectors rather than debt to be drawn in full. Punch and ThisDay report projects in electricity, rail and roads, while ThisDay reports targets to reduce inflation and present the 2027 budget before year-end.
🇳🇬 Nigeria · Source: Punch ·
Bharat 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 ·
Cameroonian President Paul Biya will not attend the third Russia-Africa summit, to be held in Moscow on 28 and 29 October 2026. Thirty African delegations have confirmed their attendance, with 17 leaders expected in person, according to Africa Intelligence, while the plenary session is to be co-chaired by Vladimir Putin and Burundi’s President Évariste Ndayishimiye.
🇨🇲 Cameroon · Source: Camer.be ·
Nigeria’s power sector lost about 150 billion naira in the second quarter of 2026, while sector debts reached 3.3 trillion naira. The government is considering a payment guarantee and aims for 270 gigawatts of generation by 2060, according to ThisDay.
🇳🇬 Nigeria · Source: ThisDay ·
Dangote to supply half of Cameroon’s imported fuelDangote 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.
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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