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Breaking NewsCameroon·Events & Agenda·26 Jun 2026, 18:23

Cameroon: Finance Minister Strengthens Strategic Alliances with IMF and EDF in Paris

On the sidelines of the Paris Sovereign Debt Forum, Minister Louis Paul Motaze met the new African director of the IMF and EDF executives, consolidating Cameroon’s commitments to financial governance and major energy projects.

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Editorial illustration for Cameroon: Finance Minister Strengthens Strategic Alliances with IMF and EDF in Paris

On June 26, 2026, as the Paris Sovereign Debt Forum draws the attention of the global economic community, Cameroon’s Finance Minister Louis Paul Motaze continued a series of high‑level meetings aimed at anchoring the country in a dynamic of strengthened partnerships.

A highlight of the mission was a briefing with Zeine Zeidane, the newly appointed head of the International Monetary Fund’s Africa Department. The two officials dissected Cameroon’s development strategy, emphasizing ongoing reforms to improve governance, increase transparency of public finances, and accelerate the country’s economic transformation.

The IMF official praised the progress made in modernising public‑finance management, mobilising internal resources and maintaining macro‑economic stability. He reiterated the institution’s readiness to support Cameroon in implementing its development priorities, stressing the importance of a rigorous budget framework and a coherent fiscal policy.

At the same time, a working session with EDF executives focused on large‑scale energy projects. The talks centered on the Nachtigal and Kikot‑Mbebe dams, two infrastructures regarded as cornerstones of the national strategy to boost electricity production.

These dams, at the heart of an ambitious electrification plan, are seen as levers to support industrialisation and improve living standards. By increasing generation capacity, they are expected to cut power outages that hinder local businesses and provide more reliable energy to households, a key factor for social and economic development.

Through this visit, Cameroon reaffirms its determination to deepen ties with technical and financial partners. By mobilising the necessary investments, the country aims to turn these projects into engines of growth while ensuring transparent and responsible management of public resources.

The coming months will be decisive: the government must translate the commitments secured in Paris into concrete actions on the ground, guarantee financing for the dams and continue the announced reforms. The success of this dual approach—finance and energy—could well set the course for a more resilient and competitive Cameroonian economy.

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