Cameroon: Hydrocarbons Fund Posts 158% Profit Surge in 2024 as Gas Subsidies Rise
[Business in Cameroon - Cameroon] - 2/07/2025
CSPH net profit soared to 12.9 bln CFA francs in 2024, up from 5 bln a year earlier. Domestic gas consumption climbed 12%, triggering a 23.7% increase in subsidies. Fourth-quarter spending accounted for nearly half of the annual subsidy budget. Cameroon’s hydrocarbons price stabilisation fund (…)
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In Cameroonian newspapers
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