Sunday, 19 July 2026 · World
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EUROS The World Financial Report
Nº 8 Sunday, 19 July 2026 · World Edition
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Cameroon Bets $3.1 Billion on Iron Ore to Outrun Oil Decline

The Rio Times · 10h ago · 🇧🇷 Brazil
Cameroon Bets $3.1 Billion on Iron Ore to Outrun Oil Decline

Africa · Central Key Facts —Revenue target. Cameroon expects annual mining revenue to exceed 1 trillion CFA francs ($1.75 billion) in the short term, overtaking oil. —Iron ore investment. Three flagship iron ore projects will absorb 1,748 billion CFA francs ($3.1 billion) between 2026 and 2030. —New mining code. A 2023 law mandates at least […] The post Cameroon Bets $3.1 Billion on Iron Ore to Outrun Oil Decline appeared first on The Rio Times .

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