A Marginal Sector with High PotentialCameroon’s mining sector,...

A Marginal Sector with High Potential
Cameroon’s mining sector, long underdeveloped, currently contributes only about 1% of non-oil GDP. However, growth prospects are strong, with major projects like:

Minim-Martap (Bauxite): A strategic industrial lever

Mbalam-Nabeba (Iron Ore): One of Central Africa’s most promising projects, involving both Cameroon and Congo. Operations began on the Congolese side in May 2024. The project aims to become the 5th largest global iron producer and create over 20,000 jobs.

Revenue-sharing and taxation details include:10% free equity to the State in each project3% ad valorem tax on market value5% of marketable output to the State1% of pre-tax revenue to fund sector development1% to a capacity-building fundInfrastructure plans include:A 600km railway linking mines to the port of KribiA dedicated mineral terminal at Kribi’s autonomous port

Other key developments:Bipindi-Grand Zambi (Rutile): Already has 600,000 tonnes of raw ore stockpiled as of April 2025These multi-billion-dollar projects are expected to generate thousands of direct and indirect jobs. The newly adopted 9 June 2025 decree tightens Cameroon’s regulatory framework to support implementation of the 2023 Mining Code.