Cameroon: Latest news in Cameroon, October 5th, 2026

Major developments in Cameroon as of October 5, 2026:

• Major Infrastructure Financing Approved: President Paul Biya authorized two key financing agreements totaling approximately $628 million to upgrade critical national and regional transport corridors. This includes a $390 million (347.5 million euro) loan agreement with the World Bank designated for the Douala-Bangui economic corridor, alongside a $238 million (212.35 million euro) facility from the Islamic Development Bank earmarked for the rehabilitation of the vital Douala-Bafoussam road network.

  Africa News Agency

• Energy & Offshore Exploration Extensions: The Ministry of Mines, Industry and Technological Development (MINMIDT) granted a formal one-year extension through October 2027 for the Thali offshore exploration license. The decision clears the path toward finalizing a 42.5% farm-out interest to Prime Global Energies and contracting a drilling rig for the NJOM-3 appraisal well on the Njonji structure.

  Investegate

• Socio-Political Landscape: The political atmosphere remains focused on post-election governance, regional development commitments, and ongoing security initiatives across the Far North and the Anglophone North-West and South-West regions, with national authorities prioritizing corridor security to protect cross-border trade with Chad and the Central African Republic.