BEAC Backs Two Refineries in Cameroon: SONARA and Cstar

The international market sounding for the rehabilitation of Cameroon’s National Refining Company (SONARA) closed on June 30, 2026. Since then, some commentators have framed the moment as a rivalry: SONARA’s restructuring through Parras 24 versus the new Cstar refinery project at the Port of Kribi-Mboro. However, the Bank of Central African States (BEAC) sees it differently and wants both projects accelerated. BEAC Takes a Position on Energy Resilience In its economic outlook report, “Inflation Trends in the CEMAC Zone at the End of March and Short- and Medium-Term Prospects,” BEAC clearly came out in favor of “energy resilience” across the…