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Cameroon Bets $3.1 Billion on Iron Ore to Outrun Oil Decline

Rio Times

BusinessRio Times·Jul 19, 2026·1 min read

Cameroon Bets $3.1 Billion on Iron Ore to Outrun Oil Decline

Africa · Central Key Facts —Revenue target. Cameroon expects annual mining revenue to exceed 1 trillion CFA francs ($1.75 billion) in the short term, overtaking oil. —Iron ore investment. Three flagship iron ore projects will absorb 1,748…

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