Cameroon’s Kribi Port Plans CFA50 Billion Agricultural Terminal, With 80% of Funding Still to Be Raised

Cameroon’s Kribi Port Plans CFA50 Billion Agricultural Terminal, With 80% of Funding Still to Be Raised The Port Authority of Kribi (PAK) and Kribi Oil and Grain Terminal (KOGT S.A.), a consortium of Cameroonian, Swiss, and Turkish companies, have signed a memorandum of understanding to build a CFA50 billion terminal for agricultural and agro-industrial products. The project would expand Kribi's specialized logistics capacity, but its development depends on securing CFA40 billion in financing that has yet to be raised, according to a statement issued by the port authority on October 9, 2026. The developers plan to finance 20% of the…