Cameroon government ranks 38 state firms by 2022-2024 performance

Cameroon's government has implemented a new system to rank its state-owned enterprises based on their performance from 2022 to 2024. An order signed on August 13, 2026, and effective January 1, 2026, divides 38 companies into five categories. This move aims to link executive pay and governance directly to company results.

The top tier, or "first category," includes seven strategic and high-performing companies: CAMTEL, ALUCAM, SOCODEL, PAD, SODECOTON, SONARA, and SNH. Leaders in these companies will benefit from the highest remuneration and benefits packages.

A "second category" consists solely of SONATREL, the National Electricity Transmission Company, reflecting its crucial role in the South Interconnected Grid. The "third category" comprises seven key players in infrastructure and basic services, including CAMAIR-Co, CDC, CAMWATER, EDC, ADC, PAK, and SCDP. This group notably includes the two autonomous ports, airports, the national airline, and water and electricity providers.

The "fourth category" includes CNCC, LABOGENIE, and SOPECAM, identified as support and regulatory structures whose performance will be closely monitored. The largest group, the "fifth category," contains 16 entities such as ANAFOR, CAMPOST, and HYDRO-MEKIN, which are agencies, missions, and companies focused on development.

Special provisions are made for the financial sector, with the Crédit Foncier du Cameroun (CFC) and the Société de Recouvrement des Créances (SRC) maintaining compensation aligned with banking sector regulations. This classification, set to be updated every three years, seeks to foster greater coherence and equity by holding leaders accountable and adjusting benefits according to achieved results.