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White paper 01 · Annex C

Sources

Every source cited in this paper is listed below with its identifier, title, publisher, date and address. Identifiers are those used in the square-bracket markers of the text and exhibits. Web sources were accessed in October 2026 unless another date is shown. Documents of the Kribi port authority are cited by title and date without a web address. Company and ministerial statements are cited as such and are not code-compliant resource estimates. One press report that names an importer in connection with a customs seizure is listed without its headline or address [C20].

Reading
19 min
Length
4,371 words
Edition of
10 October 2026
In this chapter (8)
  1. C.1 Global steel, prices, technology and carbon
  2. C.2 Africa and comparator countries
  3. C.3 Cameroon and CEMAC steel market
  4. C.4 Iron ore in Cameroon
  5. C.5 Energy, ports and logistics
  6. C.6 Kribi port and industrial zone
  7. C.7 Policy, macroeconomics and skills
  8. C.8 Cameroon Steel project record

C.1 Global steel, prices, technology and carbon

Table C.1 Global steel, prices, technology and carbon: sources cited

ID Title Publisher Date Address
D01 Carbon Border Adjustment Mechanism European Commission (DG TAXUD) n.d. taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en
D02 EU adopts CBAM Omnibus Regulation EY 22 Oct 2025 www.ey.com/en_gl/technical/tax-alerts/eu-adopts-cbam-omnibus-regulation
D04 CBAM legislation and guidance European Commission n.d. taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism/cbam-legislation-and-guidance_en
D05 Price of CBAM certificates European Commission 5 Oct 2026 (latest) taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism/price-cbam-certificates_en
D07 Directive (EU) 2023/959 (EU ETS revision) EUR-Lex (OJ L 130) 16 May 2023 eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023L0959
D08 Regulation (EU) 2023/956 (CBAM), Annex I EUR-Lex (OJ L 130) 16 May 2023 eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32023R0956
D10 Check if you’ll need to register for CBAM; Prepare for CBAM HMRC / GOV.UK upd. Jul-Sep 2026 www.gov.uk/government/collections/carbon-border-adjustment-mechanism
D12 15 Insights on the Global Steel Transformation Agora Industry 15 Jun 2023 www.agora-industry.org/publications/15-insights-on-the-global-steel-transformation
D14 Global Gateway: Namibia becomes pioneer for Africa’s green transition European Commission (INTPA) 11 Apr 2025 international-partnerships.ec.europa.eu/news-and-events/news/global-gateway-namibia-becomes-pioneer-africas-green-transition-2025-04-11_en
G01 December 2025 crude steel production and 2025 global totals worldsteel 23 Jan 2026 worldsteel.org/media/press-releases/2026/december-2025-crude-steel-production-2025-global-crude-steel-production/
G04 August 2026 crude steel production worldsteel 24 Sep 2026 worldsteel.org/media/press-releases/2026/august-2026-crude-steel-production/
G05 World Steel in Figures 2026 (page and PDF) worldsteel 4 Jun 2026 worldsteel.org/data/world-steel-in-figures/world-steel-in-figures-2026/
G06 World Steel in Figures 2025 worldsteel Jun 2025 worldsteel.org/data/world-steel-in-figures/world-steel-in-figures-2025/
G09 worldsteel Short Range Outlook April 2026 (release + Table 1) worldsteel 14 Apr 2026 worldsteel.org/media/press-releases/2026/worldsteel-short-range-outlook-april-2026/
G16 OECD: global steel excess capacity set to reach 745 million mt by 2028 EUROMETAL (Platts) 5 Jun 2026 eurometal.net/oecd-global-steel-excess-capacity-set-to-reach-745-million-mt-by-2028/
G18 Pedal to the Metal 2026 Global Energy Monitor May 2026 globalenergymonitor.org/sites/default/files/2026-05/Pedal%20to%20the%20Metal%202026.pdf
G19 China increased steel exports by 7.5% y/y in 2025 GMK Center 14 Jan 2026 gmk.center/en/news/china-increased-steel-exports-by-7-5-y-y-in-2025/
G20 China’s rapidly growing steel exports will lose momentum from 2026 onwards GMK Center 24 Dec 2025 gmk.center/en/infographic/china-s-rapidly-growing-steel-exports-will-lose-momentum-from-2026-onwards/
G27 Vietnam revises provisional anti-dumping duties on hot-rolled steel from China GMK Center 13 May 2025 gmk.center/en/news/vietnam-revises-provisional-anti-dumping-duties-on-hot-rolled-steel-from-china/
G29 Brazil introduces import quotas on 11 types of steel products GMK Center 24 Apr 2024 gmk.center/en/news/brazil-introduces-import-quotas-on-11-types-of-steel-products/
G30 62 countries implemented 207 restrictions against steel products from China GMK Center 13 Oct 2025 gmk.center/en/infographic/62-countries-implemented-207-restrictions-against-steel-products-from-china/
G31 Commodity Markets Outlook, Historical Data, Annual (xlsx) World Bank 2 Sep 2026 thedocs.worldbank.org/en/doc/74e8be41ceb20fa0da750cda2f6b9e4e-0050012026/related/CMO-Historical-Data-Annual.xlsx
G32 Pink Sheet, October 2026 World Bank 2 Oct 2026 thedocs.worldbank.org/en/doc/74e8be41ceb20fa0da750cda2f6b9e4e-0050012026/related/CMO-Pink-Sheet-October-2026.pdf
G33 Commodity Markets Outlook April 2026, Forecasts (Table 1) World Bank Apr 2026 thedocs.worldbank.org/en/doc/f3138644a1e8e2bb631399ae11d6c408-0050012026/related/CMO-April-2026-Forecasts.pdf
G34 Weekly steel prices (archive 40468) Arab Iron & Steel Union (AISU) 3 Oct 2026 aisusteel.org/en/archives/40468
G35 Weekly steel prices (archive 36573) AISU 18 Oct 2025 aisusteel.org/en/archives/36573
G36 Weekly steel prices (archive 30176) AISU 5 Nov 2024 aisusteel.org/en/archives/30176
G37 Weekly steel prices (archive 23160) AISU 22 Oct 2023 aisusteel.org/en/archives/23160
G38 Weekly steel prices (archive 29546) AISU 6 Oct 2024 aisusteel.org/en/archives/29546
T01 Sustainability Indicators 2025 report worldsteel Nov 2025 (upd. Feb 2026) worldsteel.org/wider-sustainability/sustainability-indicators/sustainability-indicators-report-2025/
T02 Iron and Steel Technology Roadmap IEA Oct 2020 iea.blob.core.windows.net/assets/eb0c8ec1-3665-4959-97d0-187ceca189a8/Iron_and_Steel_Technology_Roadmap.pdf
T04 Making Net-Zero Steel Possible Mission Possible Partnership Sep 2022 missionpossiblepartnership.org/wp-content/uploads/2026/10/Making-Net-Zero-Steel-possible-steel.pdf
T09 ENERGIRON technology (DRI-EAF with natural gas or H₂) EC ICIT ref. 12 Feb 2026 innovation-centre-for-industrial-transformation.ec.europa.eu/innovative-techniques/energiron-technology-drieaf-production-route-using-natural-gas-or-h2
T10 Suez Steel sets new benchmark in energy consumption for DRI production Danieli 16 Apr 2026 www.danieli.com/en/news-media/news/suez-steel-sets-new-benchmark-energy-consumption-dri-production_37_1051.htm
T13 2025 World Direct Reduction Statistics Midrex Technologies Sep 2026 www.midrex.com/world-dri-statistics/world-dri-production-reaches-151-0-mt-in-2025/Midrex-STATS-book-2025-FINAL.pdf
T19 Nucor ups estimate for W.Va. sheet mill to $3.1B Steel Market Update 23 Feb 2023 www.steelmarketupdate.com/2023/02/23/nucor-ups-estimate-for-w-va-sheet-mill-to-3-1b
T20 Nucor to build new rebar micro mill in North Carolina Nucor Corp. 7 Apr 2022 nucor.com/news-release/nucor-to-build-new-rebar-micro-mill-in-north-carolina-122541
T21 Commercial Metals Company to invest $300 million in its third micro mill Steel Technology n.d. www.steel-technology.com/projects/commercial-metals-company-to-invest-300-million-inits-third-micro-mil
T23 Rebar manufacturing facility coming to Eastern Panhandle West Virginia Public Broadcasting 8 Dec 2022 wvpublic.org/story/economy/rebar-manufacturing-facility-coming-to-eastern-panhandle/
T24 H2 Green Steel secures EUR 6.5 billion North Sweden Business 22 Jan 2024 northswedenbusiness.com/news/2024/januari/h2-green-steel-secures-eur-6-5-billion/
T25 Stegra scrambles for 10 billion as steel project costs spiral Norran 14 Oct 2025 www.norran.se/english/engelska/artikel/stegra-scrambles-for-10-billion-as-steel-project-costs-spiral/rggm9epr
T26 Stegra requires additional funding for the construction of a green plant GMK Center 1 Oct 2026 gmk.center/en/news/stegra-requires-additional-funding-for-the-construction-of-a-green-plant/

C.2 Africa and comparator countries

Table C.2 Africa and comparator countries: sources cited

ID Title Publisher Date Address
A03 Protecting the steel market: how it’s done in North Africa GMK Center 2 Sep 2026 gmk.center/en/posts/protecting-the-steel-market-how-it-s-done-in-north-africa/
A04 Algeria’s steel industry: why is it growing GMK Center 28 Jul 2026 gmk.center/en/posts/algeria-s-steel-industry-why-is-it-growing/
A06 Egypt has imposed a temporary duty on imports of HRC at 13.6% GMK Center 15 Sep 2025 gmk.center/en/news/egypt-has-imposed-a-temporary-duty-on-imports-of-hot-rolled-steel-at-13-6/
A07 Egypt’s steel industry: protection from within GMK Center 23 Jul 2026 gmk.center/en/posts/egypt-s-steel-industry-protection-from-within/
A10 Simandou partners celebrate start of operations Rio Tinto 11 Nov 2025 www.riotinto.com/en/news/releases/2025/simandou-partners-celebrate-start-of-operations
A16 China’s Stellar Steel invests $450 million in a new steel plant in Nigeria GMK Center 27 Oct 2025 gmk.center/en/news/china-s-stellar-steel-invests-450-million-in-a-new-steel-plant-in-nigeria/
A19 North African green steel will soon be in demand in the EU, an overview GMK Center 25 Aug 2025 gmk.center/en/posts/north-african-green-steel-will-soon-be-in-demand-in-the-eu-an-overview/
A21 GSM Tanzania selects Danieli for new rebar and wire-rod mill Danieli 14 Sep 2026 www.danieli.com/en/GSM-Tanzania-selects-Danieli-for-new-rebar-and-wirerod-mill_37_1098.htm
A22 B5Plus Group awards Danieli bar and wire-rod mill project Danieli 23 Sep 2026 www.danieli.com/en/B5Plus-Group-awards-Danieli-bar-and-wirerod-mill-project_37_1099.htm
A23 Devki opens Sh50bn steel plant in Kwale Capital FM Kenya 20 Nov 2022 capitalfm.africa/devki-opens-sh50bn-steel-plant-in-kwale/
A26 Le turc Tosyali va construire un nouveau complexe sidérurgique en Algérie Managers.tn 27 Apr 2026 managers.tn/2026/04/27/lalgerie-attire-les-grands-le-turc-tosyali-va-y-construire-un-nouveau-complexes-siderurgiques/
N01 Iron ore supply for direct reduction: outlook and challenges (J. Atherton), Arab Steel Summit presentation International Iron Metallics Association (IIMA) Oct 2024 2024.aisusteel.org/wp-content/uploads/2024/10/Dr-John-Atherton_IIMA.pdf
N02 MENA will need an additional 30-40 million tons of DR pellets in the near future GMK Center 24 Nov 2025 gmk.center/en/news/mena-will-need-an-additional-30-40-million-tons-of-dr-pellets-in-the-near-future/
N03 BPI and HBI prices on the rise in Europe SteelOrbis 23 Jan 2026 www.steelorbis.com/steel-prices/steel-prices-market-analyses/scrap-and-raw-materials/bpi-and-hbi-prices-on-the-rise-in-europe-1431544.htm
N04 Prices for Brazilian pig iron stabilised at $475 per tonne in August GMK Center 7 Sep 2026 gmk.center/en/news/prices-for-brazilian-pig-iron-stabilised-at-475-per-tonne-in-august/
N05 Brazil’s iron-ore exports hit annual record in 2025 (Reuters, citing the Ministry of Development, Industry, Trade and Services) Engineering News 7 Jan 2026 www.engineeringnews.co.za/article/brazils-iron-ore-exports-hit-annual-record-in-2025-2026-01-07
N06 Produção de aço bruto cai 1,1% em Minas Gerais e 1,6% no Brasil em 2025 (Instituto Aço Brasil data) Diário do Comércio 20 Jan 2026 diariodocomercio.com.br/economia/producao-aco-minas-gerais-brasil-2/
N07 ArcelorMittal takes ownership of Brazilian slab plant AIST Mar 2023 www.aist.org/arcelormittal-takes-ownership-of-brazilian-slab-plant
N08 Vale signs agreements to develop Mega Hubs in the Middle East and provide decarbonization solutions for steelmaking Vale Oct 2022 vale.com/w/vale-signs-agreements-to-develop-mega-hubs-in-the-middle-east-and-provide-decarbonization-solutions-for-steelmaking-1
N09 Guinea takes first step toward processing Simandou iron ore at home Ecofin Agency 19 Jun 2026 www.ecofinagency.com/news-industry/1906-56609-guinea-takes-first-step-toward-processing-simandou-iron-ore-at-home
N10 National Steel Policy (NSP) 2017 Government of India, Ministry of Steel May 2017 steel.gov.in/node/84
N11 2022 export duty withdrawal (iron ore and pellets), policies database International Energy Agency 2022 www.iea.org/policies/18745-2022-export-duty-withdrawal-iron-ore-and-pellets
N12 Vietnam’s 2025 crude steel output hits 5-year high (Vietnam Steel Association data) The Investor 10 Feb 2026 theinvestor.vn/vietnams-2025-crude-steel-output-hits-5-year-high-d18352.html
N13 Hòa Phát Group proposes development of Thạch Khê iron ore mine AIST 27 May 2026 www.aist.org/hoa-phat-group-proposes-development-of-thach-khe-iron-ore-mine
N14 Mr. President, it’s time to make final decision on Ajaokuta Steel, NIOMCO ThisDay 15 Jul 2026 www.thisdaylive.com/2026/07/15/mr-president-its-time-to-make-final-decision-on-ajaokuta-steel-niomco/
N15 Algeria has opened a railway line for the development of the Gara Djebilet deposit GMK Center 2 Feb 2026 gmk.center/en/news/algeria-has-opened-a-railway-line-for-the-development-of-the-gara-djebilet-deposit/
N16 Launch of DR-grade iron ore pellet premium weekly indicator Fastmarkets 1 Dec 2022 www.fastmarkets.com/insights/launch-of-dr-grade-iron-ore-pellet-premium-weekly-indicator

C.3 Cameroon and CEMAC steel market

Table C.3 Cameroon and CEMAC steel market: sources cited

ID Title Publisher Date Address
C01 Commerce extérieur du Cameroun en 2020 INS Cameroun Jul 2021 ins-cameroun.cm/wp-content/uploads/2025/07/Note-Commerce-exterieur-2020_VF-4.pdf
C02 Note sur le commerce extérieur 2022 INS Cameroun Dec 2023 (rev. 13 Feb 2024) ins-cameroun.cm/wp-content/uploads/2025/07/Note-sur-le-Commerce-Exterieur-2022_VF-du-13-fev-2024-Rev-DG-1.pdf
C03 Commerce extérieur du Cameroun en 2023 INS Cameroun Apr 2024 ins-cameroun.cm/wp-content/uploads/2025/07/Note-sur-le-Commerce-Exterieur-2023-c-1.pdf
C04 Évolution du commerce extérieur en 2024 INS Cameroun Aug 2025 ins-cameroun.cm/wp-content/uploads/2025/12/Commext_2024_FR_Edite-final-1.pdf
C05 Évolution du commerce extérieur en 2025 (version provisoire) INS Cameroun Feb 2026 (posted 1 Apr 2026) ins-cameroun.cm/wp-content/uploads/2026/04/Note-sur-le-commerce-exterieur-en-2025-version-provisoire_FR.pdf
C06 UN Comtrade public API, Cameroon (reporter 120), HS 72/73 and 6-digit lines, 2019-2023 UN Statistics Division acc. 10 Oct 2026 comtradeapi.un.org/public/v1/preview/C/A/HS?reporterCode=120&;period=2023&partnerCode=0&flowCode=M&cmdCode=72,73,7207,7208,7209,7210,7213,7214,7216,7217,7304,7305,7306,7308
C07 UN Comtrade public API, CEMAC & Nigeria (reporters 266 Gabon, 178 Congo, 140 CAR, 566 Nigeria; mirror partners 148 Chad, 226 Eq. Guinea) UN Statistics Division acc. 10 Oct 2026 comtradeapi.un.org/public/v1/preview/C/A/HS?reporterCode=266&;period=2023&partnerCode=0&flowCode=M&cmdCode=72,73,7214,7213
C09 Les Comptes Nationaux de 2025 INS Cameroun Aug 2026 (posted 2 Sep 2026) ins-cameroun.cm/wp-content/uploads/2026/09/Comptes_Nationaux_2025_FR_VF.pdf
C13 WDI API: SP.POP.TOTL; SP.URB.TOTL.IN.ZS (CMR) World Bank updated 8 Oct 2026 api.worldbank.org/v2/country/CMR/indicator/SP.POP.TOTL?format=json
C14 Cameroun: bouclage du 4e RGPH, 22,7 millions d’habitants recensés Journal du Cameroun 5 Oct 2026 fr.journalducameroun.com/cameroun-bouclage-du-4e-rgph-227-millions-dhabitants-recenses-en-mode-digital/
C15 2024 Housing Finance Yearbook, Cameroon profile Centre for Affordable Housing Finance in Africa (CAHF) Jan 2024 (PDF Mar 2025) housingfinanceafrica.org/wp-content/uploads/2025/03/CAMEROON.pdf
C16 Budget 2026-8 816,4 milliards FCFA… MINFI 26 Nov 2025 minfi.gov.cm/budget-2026-8-8164-milliards-fcfa-pour-consolider-la-stabilite-et-accelerer-le-developpement-du-cameroun/
C20 Press report of the sealing by customs of more than 7,300 t of imported reinforcing bar, December 2020 (headline and address not reproduced: they name the importer) Business in Cameroon 16 Dec 2020 businessincameroon.com
C21 Métallurgie: les importations du fer à béton interdites jusqu’à nouvel ordre EcoMatin 10 Apr 2023 ecomatin.net/metallurgie-les-importations-du-fer-a-beton-interdites-jusqua-nouvel-ordre
C25 Prometal inaugure deux usines évaluées à 57 milliards F Journal du Cameroun 19 Jan 2024 fr.journalducameroun.com/prometal-inaugure-deux-usines-evaluees-a-57-milliards-f-ce-jour-a-douala/
C26 Cameroun: Prometal (Hayssam El Jammal) se dote de deux nouvelles usines de production d’aciers EcoMatin 19 Jan 2024 ecomatin.net/cameroun-prometal-hayssam-el-jammal-se-dote-de-deux-nouvelles-usines-de-production-daciers
C27 Matériaux de construction: l’offensive locale Cameroon Tribune 24 Apr 2023 www.cameroon-tribune.cm/article.html/56766/en.html/details_2
C29 Métallurgie: les industriels dénoncent la présence du fer à béton contrefait EcoMatin 22 Jun 2023 ecomatin.net/metallurgie-les-industriels-du-secteur-denoncent-la-presence-du-fer-a-beton-contrefait-sur-le-marche-camerounais
C30 Production: les acteurs en présence Cameroon Tribune 11 May 2026 cameroon-tribune.cm/article.html/76600/fr.html/details_2
C31 Prometal, Acero Metal, Aciéries du Cameroun… qui est le plus gros consommateur d’électricité de la métallurgie camerounaise EcoMatin 15 Jul 2026 ecomatin.net/prometal-acero-metal-acieries-du-cameroun-qui-est-le-plus-gros-consommateur-delectricite-de-la-metallurgie-camerounaise
C34 Cameroon rejects fresh push to revise rebar standard Business in Cameroon 26 Jan 2026 www.businessincameroon.com/construction/2601-15657-cameroon-rejects-fresh-push-to-revise-rebar-standard
C35 Cameroun: le gouvernement rejette une demande de révision de la norme du fer à béton EcoMatin 5 Feb 2026 ecomatin.net/cameroun-le-gouvernement-rejette-une-demande-de-revision-de-la-norme-du-fer-a-beton
C36 Cameroun: Quifeurou obtient un prêt de 9 milliards FCFA pour une usine de fer à béton à Douala EcoMatin 26 Aug 2025 ecomatin.net/cameroun-quifeurou-obtient-un-pret-de-9-milliards-fcfa-pour-implanter-une-usine-de-fer-a-beton-a-douala
C38 Cameroun: le groupe Prometal décroche 26 milliards FCFA auprès d’Afreximbank… Sikafinance 30 Sep 2026 www.sikafinance.com/marches/cameroun-le-groupe-prometal-decroche-26-milliards-fcfa-aupres-dafreximbank-pour-renforcer-sa-production-dacier-et-conquerir-de-nouveaux-marches_64623
C39 Prometal obtient 26 milliards FCFA d’Afreximbank pour soutenir son expansion industrielle EcoMatin 30 Sep 2026 ecomatin.net/prometal-obtient-26-milliards-fcfa-dafreximbank-pour-soutenir-son-expansion-industrielle
C40 Cameroun: Prometal décroche 26,2 milliards FCFA d’Afreximbank Camer.be 1 Oct 2026 www.camer.be/actualites/economie/cameroun-prometal-decroche-262-milliards-fcfa-dafreximbank.html
C41 40 millions d’euros d’Afreximbank: Prometal sécurise ses billettes d’acier alors que la ferraille camerounaise s’épuise Cameroun24 10 Oct 2026 cameroun24.net/article/76267-40-millions-d-euros-d-afreximbank-prometal-securise-ses-billettes-d-acier-alors-que-la-ferraille-camerounaise-s-epuise.html
C42 Bidoung J., Fomethe A., Yantio G., Melo U., La récupération et le recyclage des déchets ferromagnétiques: analyse de la situation au Cameroun (Déchets, Revue francophone d’écologie industrielle n°48) ENSP Yaoundé / MIPROMALO Q4 2007 eid.episciences.org/7942/pdf
C44 Fer à béton: les producteurs acceptent une baisse des prix EcoMatin 23 Oct 2023 ecomatin.net/fer-a-beton-les-producteurs-acceptent-une-baisse-des-prix
C45 Métallurgie: les locaux battent le fer chaud Cameroon Tribune 17 Aug 2023 cameroon-tribune.cm/article.html/59491/fr.html/details_2
C52 Le Gabon réduit la TVA sur le fer à béton local EcoMatin 4 Aug 2026 ecomatin.net/le-gabon-reduit-la-tva-sur-le-fer-a-beton-local-pour-stimuler-son-industrie-siderurgique
C53 Gabon: le groupe Fokou lance une nouvelle unité d’acier à Port-Gentil EcoMatin 18 Sep 2026 ecomatin.net/gabon-le-groupe-fokou-lance-une-nouvelle-unite-dacier-a-port-gentil
C58 Lutte contre la vie chère: le Cameroun limite les exportations de certains produits EcoMatin 27 Apr 2022 ecomatin.net/lutte-contre-la-vie-chere-le-cameroun-limite-les-exportations-de-certains-produits-pour-satisfaire-la-demande-nationale

C.4 Iron ore in Cameroon

Table C.4 Iron ore in Cameroon: sources cited

ID Title Publisher Date Address
O01 Mbalam Iron Ore Project: Stage 1 definitive feasibility study and Stage 2 pre-feasibility study (ASX release) Former holder of the Mbalam-Nabeba project (ASX-listed) 6 Apr 2011 sdl.live.irmau.com/irm/PDF/2074_0/SDLDeliversPositiveFeasibilityStudies
O04 Mbalam-Nabeba project presentation, Mining Indaba 2014 (itabirite testwork) Former holder of the Mbalam-Nabeba project (ASX-listed) Feb 2014 sdl.live.irmau.com/irm/PDF/2752_0/PresentationMiningIndaba2014
O05 Mbalam-Nabeba resources and reserves statement as at 20 May 2015 (JORC) Former holder of the Mbalam-Nabeba project (ASX-listed) 2015 sdl.live.irmau.com/irm/content/resources-reserves.aspx?RID=236
O17 Cameroon Mining Company confirme l’entrée du projet Mbalam dans sa phase irréversible d’exécution Camer.be via AllAfrica 12 Dec 2025 fr.allafrica.com/stories/202512120475.html
O24 Cameroun: les premières exportations du fer de Mbalam repoussées au 1er trimestre 2026 EcoMatin 4 Dec 2025 ecomatin.net/cameroun-les-premieres-exportations-du-fer-de-mbalam-repoussees-au-1er-trimestre-2026
O25 Mbalam iron ore mine delays first exports to early 2026 Business in Cameroon 13 Dec 2025 www.businessincameroon.com/public-management/1312-15495-mbalam-iron-ore-mine-delays-first-exports-to-early-2026
O27 Mbalam-Nabeba: production de fer lancée, exportations retardées en 2026 Afrik.com 7 Apr 2026 www.afrik.com/mbalam-nabeba-production-de-fer-lancee-exportations-retardees-en-2026-au-cameroun-congo
O28 Exploitations: la revue des gisements Cameroon Tribune 11 May 2026 www.cameroon-tribune.cm/articles/11125/fr/details_2
O29 Cameroon plans $3.1B iron ore push starting 2026 Daba Finance (republished by AllAfrica) 14 Feb 2026 dabafinance.com/en/news/cameroon-mining-investment-2026-2030
O31 CNPS, G-Stones join Kribi port mineral terminal project Business in Cameroon 7 Nov 2025 www.businessincameroon.com/mining/0711-15312-cnps-g-stones-join-kribi-port-mineral-terminal-project
O32 Cameroon signs iron ore deal with Sinosteel (citing Reuters) Mining Technology 23 May 2022 www.mining-technology.com/news/sinosteel-deal-iron-cameroon/
O33 Fer de Lobé: l’État octroie le permis d’exploitation à Sinosteel EcoMatin 7 Sep 2022 ecomatin.net/fer-de-lobe-malgre-des-contestations-letat-octroie-le-permis-dexploitation-au-chinois-sinosteel
O34 Le Cameroun signe avec une société chinoise une convention minière de plus de 700 millions de dollars Le360 Afrique (MAP) 7 May 2022 afrique.le360.ma/autres-pays/economie/2022/05/07/37953-le-cameroun-signe-avec-une-societe-chinoise-une-convention-miniere-de-plus-de-700-millions
O35 Sinosteel reporte les exportations du fer de Kribi-Lobé à 2027 malgré 120 milliards FCFA déjà investis EcoMatin 11 Mar 2026 ecomatin.net/cameroun-sinosteel-reporte-les-exportations-du-fer-de-kribi-lobe-a-2027-malgre-120-milliards-fcfa-deja-investis
O36 Mining 2026, Cameroon (Chazai Wamba) Chambers Global Practice Guides updated 27 Jan 2026 practiceguides.chambers.com/practice-guides/mining-2026/cameroon
O37 Grand Zambi iron ore: G-Stones reportedly ready to start exploitation in the next few months Business in Cameroon 30 Aug 2023 www.businessincameroon.com/mining/3008-13380-grand-zambi-iron-ore-g-stones-reportedly-ready-to-start-exploitation-in-the-next-few-months
O38 Grand Zambi iron ore project now targets first exports in August 2025 Business in Cameroon 3 Jun 2025 www.businessincameroon.com/mining/0306-14716-grand-zambi-iron-ore-project-now-targets-first-exports-in-august-2025
O40 Five banks back CFA41bn financing for Grand Zambi iron project Business in Cameroon 17 Feb 2026 www.businessincameroon.com/mining/1702-15775-five-banks-back-cfa41bn-financing-for-grand-zambi-iron-project
O41 Cameroon turns to BEAC’s special window to back Grand Zambi iron project Ecofin Agency 18 Feb 2026 www.ecofinagency.com/news-industry/1802-53042-cameroon-turns-to-beac-s-special-window-to-back-grand-zambi-iron-project
O42 Afferro Mining Inc., publication of Q3 results Afferro (newswire.ca) 19 Nov 2013 newswire.ca/news-releases/afferro-mining-inc---publication-of-q3-results-513262111.html
O43 Afferro more than doubles Cameroon iron-ore resource Engineering News (Creamer Media) 30 May 2013 www.engineeringnews.co.za/article/afferro-more-than-doubles-cameroon-iron-ore-resource-2013-05-30
O44 Gisements de fer: la Libyan Foreign Bank réactive Nkout et Ntem avec des partenaires émiratis EcoMatin 27 May 2025 ecomatin.net/cameroun-gisements-de-fer-la-libyan-foreign-bank-reactive-nkout-et-ntem-avec-des-partenaires-emiratis
O47 Une bataille entre investisseurs bloque l’exploitation du fer de Nkout EcoMatin 9 Sep 2026 ecomatin.net/cameroun-une-bataille-entre-investisseurs-bloque-lexploitation-du-fer-de-nkout
O49 Jindal Steel races to secure Cameroon iron mine amid environmental concerns Business in Cameroon 2 Sep 2024 www.businessincameroon.com/public-management/0209-14108-jindal-steel-races-to-secure-cameroon-iron-mine-amid-environmental-concerns
O50 Indian Jindal Steel & Power seeks tax and customs incentives for Ngovayang Business in Cameroon 30 Apr 2019 www.businessincameroon.com/mining/3004-9084-cameroon-indian-jindal-steel-power-seeks-tax-and-customs-incentives-for-ngovayang-iron-ore-project-operation
O52 Cameroon, country page (Validation, reports, Mining Code reference) EITI International Secretariat acc. Oct 2026 eiti.org/countries/cameroon
O55 Interview: « Lorsque l’industrie minière atteindra le niveau que nous visons… », Fuh Calistus Gentry, Minister of Mines EcoMatin 9 Oct 2024 ecomatin.net/cameroun-lorsque-lindustrie-miniere-atteindra-le-niveau-que-nous-visons-elle-depassera-la-contribution-du-secteur-petrolier-fuh-calistus-gentry-ministre-des-mines

C.5 Energy, ports and logistics

Table C.5 Energy, ports and logistics: sources cited

ID Title Publisher Date Address
E02 Cameroon’s SNH eyes Yoyo-Yolanda and new exploration blocks to sustain gas growth Business in Cameroon 6 Jul 2026 www.businessincameroon.com/energy/0607-16422-cameroon-s-snh-eyes-yoyo-yolanda-and-new-exploration-blocks-to-sustain-gas-growth
E04 Données pétrolières 2025 SNH posted Jun 2026 snh.cm/wp-content/uploads/2026/06/Donnees-petrolieres-2025.pdf
E08 Golar, partners approve first vessel in Argentine gas export project Rigzone 6 May 2025 www.rigzone.com/news/golar_partners_approve_first_vessel_in_argentine_gas_export_project-06-may-2025-180446-article/
E09 Le navire usine quitte le Cameroun, le gaz s’arrête Camer.be 9 Jul 2026 www.camer.be/93911/12:1/le-navire-usine-quitte-le-cameroun-le-gaz-sarrete-cameroon.html
E10 Cameroun: SNH, huit ans de location, zéro infrastructure AllAfrica (Camer.be) 1 Jun 2026 fr.allafrica.com/stories/202606010513.html
E11 Industrial gas: Cameroon suspends GDC’s 20% price hiking plan Business in Cameroon 18 Jul 2023 www.businessincameroon.com/energy/1807-13291-industrial-gas-cameroon-suspends-gdc-s-20-price-hiking-plan
E15 Rapport d’activités 2025 de l’ARSEL ARSEL (electricity regulator) 7 Sep 2026 arsel-cm.org/wp-content/uploads/2026/09/Rapport-ARSEL-2025.pdf
E16 Nachtigal power line delays leave 150 MW of industrial demand unmet Business in Cameroon 9 Oct 2026 www.businessincameroon.com/public-management/0910-16939-nachtigal-power-line-delays-leave-150-mw-of-industrial-demand-unmet
E17 Décision fixant le montant de la RMA ENEO au titre de l’exercice 2025 (réajustée) ARSEL 19 Dec 2025 arsel-cm.org/wp-content/uploads/2026/01/Decision-fixant-le-Montant-de-le-RMA-Eneo-au-titre-de-lexercice-2025-du-19-12-2025.pdf
E24 Kribi Power Development Corporation MIGA (World Bank Group) 2014 www.miga.org/project/kribi-power-development-corporation-0
E25 The AfDB praises the impacts of the planned extension of the Kribi gas-fired power plant Business in Cameroon 1 Jul 2020 www.businessincameroon.com/energy/0107-10486-the-afdb-praises-the-impacts-of-the-planned-extension-of-the-kribi-gas-fired-power-plant
E26 Au Cameroun, l’État veut reprendre les centrales de Kribi et Dibamba à Globeleq Forbes Afrique 11 Aug 2026 forbesafrique.com/au-cameroun-letat-veut-reprendre-les-centrales-de-kribi-et-dibamba-a-globeleq/
E32 Cameroon, Energy (Country Commercial Guide) US International Trade Administration 13 Apr 2026 www.trade.gov/country-commercial-guides/cameroon-energy
E37 Tableaux tarifaires, Décision ARSEL N°00000427 (MT 2023-2025) ARSEL uploaded Jan 2026 arsel-cm.org/wp-content/uploads/2026/01/TABLEAUX-TARIFAIRES-decision-MT-2023-2025.pdf
E43 La Lettre du PAK n°254 Port Autonome de Kribi May 2025 Port authority document cited by title and date; web address not given
E44 Au Cameroun, le port de Kribi revendique la place de premier terminal à conteneurs EcoMatin 22 Apr 2026 ecomatin.net/au-cameroun-le-port-de-kribi-revendique-la-place-de-premier-terminal-a-conteneurs
E45 Port de Kribi: l’explosion du trafic commence à saturer le terminal à conteneurs EcoMatin 5 Oct 2026 ecomatin.net/port-de-kribi-lexplosion-du-trafic-commence-a-saturer-le-terminal-a-conteneurs
E56 Carbon intensity of electricity generation (Ember data), Cameroon Our World in Data acc. Oct 2026 ourworldindata.org/grapher/carbon-intensity-electricity
E57 Electricity production by source (Ember and Energy Institute data), Cameroon Our World in Data acc. Oct 2026 ourworldindata.org/grapher/electricity-prod-source-stacked

C.6 Kribi port and industrial zone

Table C.6 Kribi port and industrial zone: sources cited

ID Title Publisher Date Address
Z1 La Lettre du PAK n°264: "Lancement de Kribi Port Industrial Zone, L’avenir a commencé" and "Réaction: Yves Roger Melingui, DG de KPIZ" Port Autonome de Kribi (newsletter PDF) Feb 2026 (uploaded May 2026) Port authority document cited by title and date; web address not given
Z4 Zone industrialo-portuaire de Kribi (KPIZ): jusqu’à +8 points de croissance et 150 000 emplois… Investir au Cameroun 4 Mar 2026 www.investiraucameroun.com/gestion-publique/0403-23163-zone-industrialo-portuaire-de-kribi-kpiz-jusqu-a-8-points-de-croissance-et-150-000-emplois-attendus-sur-15-ans
Z5 Port de Kribi: AGL, Arise IIP et Belmont s’allient au PAK pour une zone industrielle de 521 milliards FCFA sur 4 000 ha Investir au Cameroun 20 Feb 2026 www.investiraucameroun.com/gestion-publique/2002-23123-port-de-kribi-agl-arise-iip-et-belmont-s-allient-au-pak-pour-une-zone-industrielle-de-521-milliards-fcfa-sur-15-000-ha
Z12 KPIZ officially launched: a new economic hub for Cameroon and CEMAC AGL (press release) n.d. (Feb-Mar 2026) aglgroup.com/en/News/lancement-KPIZ
Z13 Cameroon: AfDB Group supports development of integrated industrial zone at the Port of Kribi AfDB via AllAfrica (AfDB page returned 403) 2 Mar 2026 allafrica.com/stories/202603100682.html
Z29 AMI n°013/AMI/PAK/2026 (Port Workers’ City / KPCiZ) ARMP 30 Jan 2026 www.armp.cm/details?type_publication=AMI&;id_publication=6073
Z30 Le port de Kribi engage 3,5 milliards FCFA pour préparer l’arrivée de nouveaux industriels Ecomatin (L. Onguene) 11 May 2026 ecomatin.net/cameroun-le-port-de-kribi-engage-35-milliards-fcfa-pour-preparer-larrivee-de-nouveaux-industriels
Z34 Zone industrielle Kribi: 400 milliards FCFA investis et 53 entreprises autorisées à s’implanter depuis 2018 Investir au Cameroun 20 May 2025 www.investiraucameroun.com/gestion-publique/2005-22033-zone-industrielle-kribi-400-milliards-fcfa-investis-et-53-entreprises-autorisees-a-s-implanter-depuis-2018
Z37 Guide du Port de Kribi PAK (PDF) Aug 2020 Port authority document cited by title and date; web address not given
Z39 Ordonnance n° 2025/002 du 18 juillet 2025 fixant les incitations à l’investissement Presidency (copy on GECAM) 18 Jul 2025 legecam.cm/wp-content/uploads/2025/08/ordonnance_n_2025_002_du_18_07_2025.pdf
Z40 L’API lance la sensibilisation autour de l’ordonnance de 2025… Droit Médias Finance 13 May 2026 droitmediasfinance.com/index.php/actualites/droit-ohada-affaires/1260-cameroun-lagence-de-promotion-des-investissements-lance-la-sensibilisation-autour-de-lordonnance-de-2025-portant-promotion-des-investissements
Z41 Investing In… 2026: Cameroon Chambers & Partners 2026 gpg-pdf.chambers.com/investing-in-2026/107/
Z42 Loi n° 2023/014 du 19 décembre 2023 portant Code minier, Article 40(4) (official text, mirror) Rural-info (copy of the official text) 19 Dec 2023 rural-info.net/wp-content/uploads/2024/11/Loi-N°2023-014-du-19-decembre-2023-portant-Code-Minier.pdf
Z43 Kribi franchit la ligne électrique 225 kV PAK 6 Aug 2025 Port authority document cited by title and date; web address not given
Z44 Énergie et infrastructures: un nouvel élan pour la compétitivité du Port de Kribi PAK 19 Aug 2026 Port authority document cited by title and date; web address not given
Z45 Ligne ferroviaire Édéa-Kribi-Lolabé-Campo: une nouvelle étape… PAK 4 Jun 2026 Port authority document cited by title and date; web address not given
Z46 Bilan et perspectives, Les voyants sont au vert PAK 13 Mar 2025 Port authority document cited by title and date; web address not given
Z49 Port de Kribi: 21,5 milliards de FCFA pour accroître de 30% les capacités du terminal à conteneurs Investir au Cameroun 8 Oct 2026 www.investiraucameroun.com/infrastructures/0810-23934-port-de-kribi-21-5-milliards-de-fcfa-pour-accroitre-de-30-les-capacites-du-terminal-a-conteneurs
Z50 Kribi Port’s net profit exceeds CFA4 billion after strong year for cargo traffic Business in Cameroon 29 Jun 2026 www.businessincameroon.com/transport/2906-16378-kribi-port-s-net-profit-exceeds-cfa4-billion-after-strong-year-for-cargo-traffic
Z52 Kribi Deep Sea Port, investors partner to construct 125-million-tonne mineral terminal worth $2 billion Business in Cameroon 5 Nov 2025 www.businessincameroon.com/transport/0511-15300-kribi-deep-sea-port-investors-partner-to-construct-125-million-tonne-mineral-terminal-worth-2-billion
Z53 Chemin de fer Mbalam-Kribi et terminal minéralier: un tournant pour l’intégration régionale PAK 25 Feb 2022 Port authority document cited by title and date; web address not given
Z54 La ZIPK rayonne avec l’inauguration de la cimenterie CIMPOR! PAK 19 Jul 2024 Port authority document cited by title and date; web address not given
Z55 Cameroon speeds up Kribi bitumen plant with tax breaks and refining license Business in Cameroon 10 Jun 2026 www.businessincameroon.com/public-management/1006-16302-cameroon-speeds-up-kribi-bitumen-plant-with-tax-breaks-and-refining-license
Z69 Cameroon initiates Mbalam iron ore mine construction amidst funding uncertainty Business in Cameroon 21 Dec 2023 www.businessincameroon.com/mining/2112-13576-cameroon-initiates-mbalam-iron-ore-mine-construction-amidst-funding-uncertainty
Z74 Grand Zambi: le fer de Bipindi au service de l’essor du Port de Kribi PAK 17 Jan 2025 Port authority document cited by title and date; web address not given
Z79 Cameroon reviews metals industry to address supply and energy constraints Business in Cameroon 29 Apr 2026 www.businessincameroon.com/public-management/2904-16094-cameroon-reviews-metals-industry-to-address-supply-and-energy-constraints
Z80 Le Cameroun prépare l’exportation de son acier vers les marchés de la ZLECAf Ecomatin (V. Bagal) 16 Apr 2026 ecomatin.net/le-cameroun-prepare-lexportation-de-son-acier-vers-les-marches-de-la-zlecaf

C.7 Policy, macroeconomics and skills

Table C.7 Policy, macroeconomics and skills: sources cited

ID Title Publisher Date Address
K02 ENSPY homepage (departments) ENSP Yaoundé n.d. polytechnique.cm/
K03 EGEM, fiche d’identification Université de Ngaoundéré n.d. www.univ-ndere.cm/fr/etablissements/egem/
K04 EGCIM, fiche Université de Ngaoundéré n.d. www.univ-ndere.cm/fr/etablissements/egcim/
K08 ISTD / IUT Douala (homepage) iut-dla.cm n.d. www.iut-dla.cm/
P01 Economic and social impact of the global steel industry (infographic) worldsteel / Oxford Economics May 2019 worldsteel.org/wp-content/uploads/Steel-social-and-economic-impact.pdf
P02 European Steel in Figures 2025 EUROFER Jun 2025 www.eurofer.eu/assets/publications/brochures-booklets-and-factsheets/european-steel-in-figures-2025/EUROFER_European-Steel-in-Figures-2025.pdf
P05 Ajaokuta Steel Complex to create 500,000 jobs, others Nairametrics 9 Oct 2023 nairametrics.com/2023/10/09/ajaokuta-steel-complex-to-create-500000-jobs-others/
P07 Zone Cémac: la BEAC annonce un ralentissement de croissance à 2,4% AllAfrica (Les Dépêches de Brazzaville) 17 Dec 2025 fr.allafrica.com/stories/202512170629.html
P09 IMF Executive Board concludes 2026 Article IV consultation with Cameroon (PR 26/096) IMF 30 Mar 2026 www.imf.org/en/news/articles/2026/03/30/pr-26096-cameroon-imf-executive-board-concludes-2026-article-iv-consultation
P10 2024 Investment Climate Statements: Cameroon US Department of State 2024 www.state.gov/reports/2024-investment-climate-statements/cameroon/
P11 Cameroun: les principales innovations de la loi de finances pour 2026 Deloitte Société d’Avocats 24 Mar 2026 blog.avocats.deloitte.fr/cameroun-les-principales-innovations-de-la-loi-de-finances-pour-2026/
P13 Stratégie Nationale de Développement 2020-2030 (SND30) Republic of Cameroon / MINEPAT (hosted by FAOLEX) 2020 faolex.fao.org/docs/pdf/cmr211554.pdf
P14 Le Cameroun se dote d’un nouveau Plan directeur d’industrialisation Le360 Afrique 4 Apr 2017 afrique.le360.ma/autres-pays/economie/2017/04/04/10804-le-cameroun-se-dote-dun-nouveau-plan-directeur-dindustrialisation-10804/
P15 « Des actions concrètes pour renforcer les infrastructures industrielles » (MINMIDT) Cameroon Tribune 1 Nov 2024 cameroon-tribune.cm/article.html/67712/fr.html/details_2
P18 Innovations douanières de la Loi de Finances 2025 MINFI, Direction Générale des Douanes Jan 2025 minfi.gov.cm/wp-content/uploads/2025/01/EXPOSE_DGD_LF_2025.pdf
P19 Cameroon, Republic of: Corporate, Other taxes PwC Worldwide Tax Summaries reviewed 14 Aug 2026 taxsummaries.pwc.com/republic-of-cameroon/corporate/other-taxes
P23 Cameroon applies CEEAC common external tariff from January 1, 2026 Business in Cameroon 12 Jan 2026 www.businessincameroon.com/public-management/1201-15594-cameroon-applies-ceeac-common-external-tariff-from-january-1-2026
P24 WITS TRAINS API, Cameroon reported MFN tariffs by HS6 (2023) World Bank / UNCTAD acc. 10 Oct 2026 wits.worldbank.org/API/V1/SDMX/V21/datasource/TRN/reporter/120/partner/000/product/721420/year/2023/datatype/reported
P26 Tariff profile: Cameroon WTO n.d. www.wto.org/english/res_e/statis_e/daily_update_e/tariff_profiles/CM_e.pdf
P27 List of countries which have signed, ratified/acceded to the AfCFTA Agreement African Union Commission 22 May 2026 au.int/sites/default/files/treaties/36437-sl-AGREEMENT_ESTABLISHING_THE_AFRICAN_CONTINENTAL_FREE_TRADE_AREA_1.pdf
P31 AfCFTA e-Tariff Book AfCFTA Secretariat n.d. au-afcfta.org/etariff/
P32 IMF staff concludes Post-Financing Assessment mission to Cameroon (PR 26/314) IMF 1 Oct 2026 www.imf.org/en/news/articles/2026/10/01/pr26314-imf-staff-concludes-assesment-cameroon

C.8 Cameroon Steel project record

Table C.8 Cameroon Steel project record: sources cited

ID Title Publisher Date Address
F01 Cameroon Steel reference configuration RC-1 (planning estimate), edition 10 October 2026 (RC-1.1) Cameroon Steel 10 Oct 2026 Planning figures, not commitments. Not published as a separate document; the figures used are set out in this paper
X01 Kribi: le Premier ministre, chef du gouvernement est là Cameroon Tribune 30 Dec 2024 cameroon-tribune.cm/article.html/68499/fr.html/details_2
X04 Industrialisation: la voie royale de l’émergence Cameroon Tribune 2 Jan 2025 cameroon-tribune.cm/article.html/68558/fr.html/details_2

Source: Cameroon Steel; 200 sources cited.

Cite this chapter

Cameroon Steel (2026). From ore to steel: Cameroon’s missing link is ironmaking, not rolling. White paper 01, annex C: Sources. CS-WP-01. https://www.cameroon-steel.com/en/library/ore-to-steel/annex-sources/