Radar Telegram alerts Open Radar

A Nigerian businessman comes from southern Cameroon transfers the fuel market to Dangote The Cameroonian authorities and the Nigerian billionaire Aliko Dangote entered into a tripartite agreement. Sunara, Dangote and Gabrat together will cover half of the country's fuel needs. The agreement was signed on October 22 in Lagos, and on October 28 Dangote Oil & Cameroon Gas registered in Douala, a new building for the construction of storage facilities and pipelines. The plan is simple. Dangote sells the fuel from the giant refinery to Ki, the merchant lady buys it and handles the logistics with her ships, and Sonara receives it in Limba. We are talking about 12 cargoes a year - this is half of Cameroon's import needs. The backstory is painful. Cameroon's only refinery in Limba was damaged by fire seven years ago and has not yet been rebuilt. The country imports almost all of its fuel through intermediary traders who raise prices. In 2025, imports of petroleum products are estimated at almost 2,000 billion CFA francs, and fuel subsidies increase to the budget of 1,000–1,500 billion per year. The agreement with Dangote is an attempt to plug this hole for at least 30 months while Sonora's rehabilitation is underway. But the deal has a second layer. Dangote is building its own infrastructure in Cameroon: storage facilities, pipelines, and in the future, possibly a retail chain. His new company is registered in a charter that allows it to operate along the entire network, from imports to gas stations. Competitors are already wary: local companies are planning to confront the oligarch from Abuja. But Nigeria has a resource he doesn't have - their own refinery and navy. Cameron's leadership gets a break, but strategically loses control. Importing fuel from Nigeria reduces costs, but makes the country's energy security dependent on one private player and his political connections. If Dangote changes conditions tomorrow or faces problems in Nigeria, Cameroon will be left with empty silos and the same subsidies. - where politics is hotter than the equator.

תרגם לעברית

АФРИКАРЬ · · Source

🇳🇬 Nigeria · לאגוס · Map

A Nigerian businessman comes from southern Cameroon transfers the fuel market to Dangote The Cameroonian authorities and the Nigerian billionaire Aliko Dangote entered into a tripartite agreement. Sunara, Dangote and Gabrat together will cover half of the country's fuel needs. The agreement was signed on October 22 in Lagos, and on October 28 Dangote Oil & Cameroon Gas registered in Douala, a new building for the construction of storage facilities and pipelines. The plan is simple. Dangote sells the fuel from the giant refinery to Ki, the merchant lady buys it and handles the logistics with her ships, and Sonara receives it in Limba. We are talking about 12 cargoes a year - this is half of Cameroon's import needs. The backstory is painful. Cameroon's only refinery in Limba was damaged by fire seven years ago and has not yet been rebuilt. The country imports almost all of its fuel through intermediary traders who raise prices. In 2025, imports of petroleum products are estimated at almost 2,000 billion CFA francs, and fuel subsidies increase to the budget of 1,000–1,500 billion per year. The agreement with Dangote is an attempt to plug this hole for at least 30 months while Sonora's rehabilitation is underway. But the deal has a second layer. Dangote is building its own infrastructure in Cameroon: storage facilities, pipelines, and in the future, possibly a retail chain. His new company is registered in a charter that allows it to operate along the entire network, from imports to gas stations. Competitors are already wary: local companies are planning to confront the oligarch from Abuja. But Nigeria has a resource he doesn't have - their own refinery and navy. Cameron's leadership gets a break, but strategically loses control. Importing fuel from Nigeria reduces costs, but makes the country's energy security dependent on one private player and his political connections. If Dangote changes conditions tomorrow or faces problems in Nigeria, Cameroon will be left with empty silos and the same subsidies. - where politics is hotter than the equator.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram