Cameroon published its beneficial ownership roadmap on 22 November 2016. Of the 17 companies in its 2015 EITI Report, six were either state-owned or publicly listed. Of the remaining eleven companies, five disclosed comprehensive information on their beneficial owners.

The Mining Code issued by law No.2016/017 provides a first regulatory framework on the disclosure of beneficial ownership in the mining sector. Art.145 makes it mandatory for mining or quarrying companies (owners or applicants), as well as their subcontractors, to publish the identity of any person holding interests in the title, including any person deemed to have control over the company or holding over 5% of voting rights or earnings.

Cameroon also recently published a study on Beneficial Ownership dated November 2020. 

Cameroon is a leading producer of crude oil and is developing its production of natural gas. Total daily liquid hydrocarbon production averaged 76 000 barrels in 2017. Cameroon hosts a pipeline that transports oil production from Chad to its port in Kribi. The country also plans on expanding its natural gas production, including following the construction of a liquified gas floating unit in Kribi.

Artisanal and small-scale mining of gold and diamonds is increasing in the northern and eastern regions of the country, while Cameroon also produces a variety of construction materials.

The 2017 EITI report shows that payments from Exctractive companies amounted to 624 billion Franc CFA, from which 92% from the Hydrocarbon sector and 6% from petroleum transportation.

Total government revenues