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Spotlight | Cameroon
Audit flags serious governance issues at state oil company SNH

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5 min read Lire en français
The SNH head office in Yaoundé.
The SNH head office in Yaoundé. © SNH
The SNH head office in Yaoundé.
The SNH head office in Yaoundé. © SNH

A report has raised alarming reservations on the governance and accounts of Cameroon's state-owned hydrocarbons company, citing six years without an AGM, doubtful receivables and a multibillion-CFA franc stake in the Cstar project that does not appear in its financial statements.

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