Business A.M
No Result
View All Result
Sunday, July 26, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home WORLD BUSINESS & ECONOMY

Political, economic uncertainty mount in Cameroon over Biya’s 45 days absence 

by Ben Eguzozie
July 26, 2026
in WORLD BUSINESS & ECONOMY
Political, economic uncertainty mount in Cameroon over Biya's 45 days absence 
• Ruling CPDM forced into rare meeting
• $67.52bn GDP stifled as FDI shrinks
Political and economic uncertainty mount in Cameroon, a major country in Central Africa region over the absence of it’s president Paul Biya for at least 45 days.
Biya, 93, the world’s oldest serving head of state has been out of the country for 45 days now forcing his ruling party, the Cameroon People’s Democratic Movement (CPDM) to convene a meeting of it’s senior leaders.
The rare meeting of senior CPDM leaders raises critical questions about succession and future leadership of one of Central Africa region’s important economy, with a GDP size of $67.52 billion.
Opposition groups have been pressing the government to clarify Biya’s health status, and ensure there is continuity of state governance.
Biya, Africa’s second-longest-serving president, after Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo, has not named a successor, though legislation for a vice presidency was recently approved.
Biya won a controversial eighth term in Cameroon in October 2025, but had hardly stayed-put in the country since then. He left the country on June 7 for what the presidency described as “a brief private stay in Europe” and has yet to return, according to Reuters report.
So far, the authorities at Etoudi Palace in Yaoundé have not disclosed when the president is expected back, making the current his longest known stay abroad since taking office in April 1982.
Jean Nkuete, secretary-general of CPDM’s central committee, in a statement described the meeting fleetingly as “an important working session” without stating its agenda.
Criticisms from opposition politicians have continued to mount. Though there was no official indication that the recent CPDM top leadership meeting was linked to Biya’s prolonged absence.
Opposition lawmaker Jean Michel Nintcheu has urged the Cameroon’s Constitutional Court to declare the presidency vacant. While Cameroon’s main opposition figures have urged the government to clarify the president’s status, with the Cameroon Democratic Union (CDU) calling on authorities to explain the “effective continuity of the state”.
Several government officials have consistently rejected speculation surrounding Biya’s health and capacity to govern, maintaining that the president remains capable of governing from abroad and dismissing reports suggesting he is receiving medical treatment.
Biya has frequently spent extended periods in Switzerland and other parts of Europe during his presidency. However, his current trip is the longest on record. He has governed Cameroon for 44 years after taking office in April 1982 from then ailing former president Ahmadou Ahidjo. Today, Biya holds the record as the world’s oldest serving head of state and Africa’s second-longest-serving president after Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo.
To wit, Biya’s latest long absence has placed succession questions to the spotlight. In particular, concerns have been raised over a veteran leader, given his age and the lack of a publicly identified successor.
Earlier this year, Cameroon government approved for the first time, a legislation reintroducing the position of vice president, a role that would stand first in line to succeed the president. However, the position has yet to be filled.
Political economists of African orientation have adduced that Cameroon’s Paul Biya could become the world’s first president to mark his 100th birthday in office by the time he completes his current 7-year mandate, when he would turn 99, close to 100 years.
Investors, however, have been on a wait-and-see, holding back foreign direct investments in a country that is one of Central Africa’s largest economies, and a major producer of cocoa, crude oil, natural gas and timber.
Development analysts say any prolonged uncertainty surrounding Cameroon’s political leadership could have broader implications for governance, policy continuity and investor confidence.
According to the World Bank, Cameroon’s economy faces subdued growth, persistent poverty, and high debt service burdens, alongside easing inflation and improving energy investments.
Real GDP grew by roughly 3.2% to 3.7%, held back by declining oil production and infrastructure gaps.GDP growth registered around 3.2% to 3.7%, falling short of national development targets.
Boosted by strong cocoa prices, agrifood, and energy upgrades like the Nachtigal dam, but dragged down by contracting crude oil output, inflation and bebt eased down to roughly 3.4% as food and fuel price pressures cooled. But public debt has hovered around 43% to 44% of GDP, though heavy debt-servicing obligations consume a major share of government revenue.
Ben Eguzozie
Ben Eguzozie
Previous Post

Gold ends 2-week slide as central banks keep buying above $4,000 

Next Post

Nigerians see growing visa walls around their global travel ambitions

Next Post
Nigerians see growing visa walls around their global travel ambitions

Nigerians see growing visa walls around their global travel ambitions

  • Trending
  • Comments
  • Latest

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

10bn digital transactions, 90% cybersecurity talent gap expose Nigeria’s fraud risk 

10bn digital transactions, 90% cybersecurity talent gap expose Nigeria’s fraud risk 

July 26, 2026
Nigerians see growing visa walls around their global travel ambitions

Nigerians see growing visa walls around their global travel ambitions

July 26, 2026
Political, economic uncertainty mount in Cameroon over Biya's 45 days absence 

Political, economic uncertainty mount in Cameroon over Biya’s 45 days absence 

July 26, 2026
Gold ends 2-week slide as central banks keep buying above $4,000 

Gold ends 2-week slide as central banks keep buying above $4,000 

July 26, 2026

Popular News

  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Major tech companies conquering Africa with sports

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

10bn digital transactions, 90% cybersecurity talent gap expose Nigeria’s fraud risk 

10bn digital transactions, 90% cybersecurity talent gap expose Nigeria’s fraud risk 

July 26, 2026
Nigerians see growing visa walls around their global travel ambitions

Nigerians see growing visa walls around their global travel ambitions

July 26, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M