Cameroon Plans CFA51.7bn Loan for New CDC Rubber and Palm Oil Plants

operating banana, rubber, and oil palm plantations in the South-West and Littoral regions. The information appears in the public debt report for end-September 2025 published by the Autonomous Sinking Fund (CAA). The document notes that two decrees signed on September 22, 2025, by President Paul Biya authorize the Minister of Economy, Alamine Ousmane Mey, to contract the loans on behalf of the Cameroonian state, the sole shareholder of the CDC. The bank financing, now being finalized, comes as the company undergoes a recovery process marked by the settlement of its social debt. On September 17, 2025, following an agreement between the government and a pool of local banks, CFA15.7 billion in salary arrears owed to CDC employees was cleared. These arrears were part of a larger CFA35.7 billion debt accumulated between 2018 and 2022. An initial payment of CFA20 billion had already been made in June 2024, according to Finance Minister Louis Paul Motazé. Soon after, CFA24.1 billion in ...