Sopecam Returns to Profit, but CFA11 Billion in Current Liabilities Strains Cash Flow

Sopecam Returns to Profit, but CFA11 Billion in Current Liabilities Strains Cash Flow Cameroon's state-owned publishing company Sopecam returned to profit in 2025 after a sharp rebound in revenue. However, its financial statements point to persistent cash flow pressures driven by rising unpaid customer invoices and growing short-term liabilities. The company, led by Marie-Claire Nnana and publisher of the state-owned daily Cameroon Tribune, ended the year with CFA13.59 billion ($23.7 million) in trade receivables—payments owed by customers for services already delivered but still outstanding as of December 31. That compares with CFA11.35 billion a year earlier, an increase of 19.7%, or…