Public Enterprises: Here is the New Ranking
The decree published on August 13, 2026, by the Minister of Finance, Louis Paul Motaze, ranks 34 public enterprises, marking a reduction from the 36 structures listed in January 2023 and the 35 entities listed in 2020.
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The analysis of the 2022, 2023, and 2024 financial statements places 7 companies in the first category, materialized by a turnover of over 100 billion FCFA. The historical telecommunications operator Camtel tops the group with revenues of 177.9 billion FCFA in 2023, up 17.79%. The Cameroonian aluminum company totals 94.4 billion FCFA in sales in 2024, after 105.3 billion FCFA in 2023.
On its part, the Autonomous Port of Douala integrates this first category with products of 114.19 billion FCFA in 2024, compared to 119.6 billion FCFA released a year earlier. The reorganization consecrates the direct entry into the top group of the Cameroonian electricity company, resulting from the purchase of Eneo by the public authorities in May 2026.
The sole occupant of the second category, reserved for revenues between 50 and 100 billion FCFA, remains the National Electricity Transport Company, while 7 entities join the third category fixed at 10 to 50 billion FCFA, including the airline Camair-Co. The grid is completed by companies with turnovers between 5 and 10 billion FCFA for the fourth category and amounts less than or equal to 5 billion FCFA for the fifth. The definitive exit from the ranking of Sodecoton illustrates the impact of recurring treasury tensions, while the exclusion of Crédit Foncier du Cameroun and the Société de Recouvrement des Créances results from their alignment with banking sector regulations.
The application of activity thresholds to public capital frames the ceilings of indemnities granted to general management. The rigorous monitoring of profitability ratios will encourage state managers to streamline their operating cost structure. The statutory repositioning of state-owned companies strengthens the transparency of public accounts vis-à-vis international donors. By linking the level of benefits for executives to real financial performance, the state shareholder aims for a lasting rationalization of public funds and better governance of strategic portfolios.
Asaba
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