Overview of the Extractive Industries in Cameroon

Although oil production in Cameroon declined during the 1990s, oil revenues still contributed 24% of government fiscal revenue, 50% of export earnings and about 6% of GDP in 2003. Renewed investment in oil exploration and governmental plans to further liberalize Cameroon's energy sector may increase the hydrocarbons' share in the economy. In 2004 a pipeline across Cameroon, for oil export from Chad, was commissioned. This was partially financed by the World Bank Group as a part of the Chad-Cameroon pipeline project.

Status of EITI Implementation

Cameroon is currently a Candidate Country. It now has until 9 March 2010 to undertake Validation.

Governance of EITI implementation in Cameroon

The National Committee is a multi-stakeholder group in charge of implementation and follow-up of the EITI in Cameroon. The lead ministry is the Ministry of Finance. Discussions are underway for establishing an EITI secretariat with its own resources. The National Coordinator is Alfred Bagueka Assobo.

Cameroon EITI National Coordinator

Alfred Bagueka Assobo
EITI Cameroon
Ministère de l'Economie et de Finances
B.P. 13675
Yaoundé, Cameroon
Tel: +237 222 38 16 / +237 223 21 43
Mob: +237 991 36 15 / +237 732 92 71
Email: abaguekaassobo [at] yahoo [dot] fr

Further information about the status of EITI implementation in Cameroon can be provided by Regional Director Tim Bittiger at the EITI International Secretariat.