Cameroon
Cameroon is a supportive mining jurisdiction and is recognised by the International Trade Administration to be one of the most stable countries in the Central African sub-region. As of 2025, Cameroon has a population of 30 million and GDP of US$57.75 billion.
Cameroon is located between Nigeria and the oil-rich CEMAC region, which provides strategic opportunities for Cameroon to become a major infrastructure hub. Further, Douala, which is Cameroon’s largest city and economic capital, handles most of the goods traded by Chad and the Central African Republic, with its roads and railroad serving as main arteries of transport.
From an economic standpoint, in April 2024, The World Bank committed US$816M in financing Cameroon-Chad Transport Corridor and in December 2024, received a loan of ~ US$359M from African Development Bank to improve Douala-Ndjamena Economic Corridor.
Cameroon achieved its democratic independence from French Cameroon in 1960 and has had a multiparty political system since 1990. In 2020 a presidential decree was signed to form the National Mining Corporation (SONAMINES) to advance and promote Cameroon’s mining sector.
Importantly, Eagle Eye Asset Holdings has mining ventures in multiple African countries and has built good working relationships with various governments and regulators where it operates, including Cameroon.
