Search

Cameroon Plans Major Fuel Depot to Prevent Future Shortages

© Unsplash
  • 250,000-metric-ton depot aims to secure national fuel supply and reduce import shocks
  • Critics argue real energy resilience lies in upstream oil and gas exploration

Yaoundé, Cameroon – Cameroon is ramping up efforts to safeguard its petroleum supply with the creation of CSTAR, a new Special Purpose Vehicle (SPV) tasked with constructing a 250,000-metric-ton strategic fuel depot in the port city of Kribi.

Recent Business

Street market in Kaduna, Nigeria. Photo @Pexels
Nigeria’s economy poised for strong 2026 recovery amid inflation drop, oil rebound
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
After gold’s 2025 surge, is Africa ready to capture more value in 2026?
Read More »
Cryptocurrency now legal in Ghana. Photo by Michael Förtsch @ Unsplash
Ghana legalises cryptocurrencies with VASP law, reshaping digital finance landscape
Read More »

Recent Politics

US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »
don-jackson-wyatt-sbhubyl7lWI-unsplash
US launches deadly airstrikes against terrorist groups in Nigeria
Read More »
African election. Photo by Mikhail Nilov @ Pexels
East Africa’s electoral bodies face credibility test over disputed polls
Read More »

Latest Posts

Latest news insights