Friday, October 2, 2026
Newswatch
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Sign Up
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Newswatch Cameroon
No Result
View All Result
Home Economy

Timber logs export ban in CEMAC could up revenue by 25% – expert

Ndi Eugene Ndi by Ndi Eugene Ndi
October 2, 2025
in Economy
0
Timber logs export ban in CEMAC could up revenue by 25% – expert

A truck transporting timber logs in Ngoyla, in the East Region of Cameroon

0
SHARES
134
VIEWS
Share on FacebookShare on Twitter

Local processing of tropical timber logs by countries of the six-member Economic and Monetary Community of Central African States (CEMAC), could create over 60,000 jobs, raise fiscal revenues by over 25%, and attract about FCFA 1,967,871,000,000 (€3 billion) in investments, an expert has said.

Grégory Lionel Beyina, Director of Industrial Development, Mines, and Tourism at the CEMAC Commission made the disclosure while updating stakeholders on level of implementation of the ban on export of tropical timber logs from the Congo Basin.

Beyina was during a webinar on September 24, hosted by Pan African Network for the Conservation of Natural Resources (PANCANR).

Adopted by the CEMAC Council of Ministers in Feb 2024, member states: Cameroon, Congo, Gabon, Equatorial Guinea, Chad and the Central African Republic have been progressively implementing the ban on export of unprocessed tropical timber logs, with absolute ban expected from January 1, 2028.

Explaining why implementation of the ban is progressive, Beyina said it is to avoid a sharp drop in tax revenues, citing the case of Gabon that lost 80% of fiscal revenue – FCFA 75 billion in 2010 when it banned log exports abruptly.

The gradual implementation, he said will also give time for industries to restructure, train workers, and build transformation plants.

The CEMAC Commission official noted however that log trade between CEMAC countries and the Democratic Republic of Congo (DRC) is still allowed “to stimulate regional industrial chains”. With the exception of Chad, other CEMAC member countries together with DRC form the Congo Basin.

The Congo Basin is the second largest forest in the world after the Amazon, covering 30% of Africa’s forest area. It accounts for 20% of global tropical log exports but only a small fraction of processed wood products.

Beyina said the CEMAC Commission has put in place a strategy for sustainable industrialization of the wood sector. Approved in 2018 with support from the African Development Bank (AfDB), the strategy dubbed Vision 2030, seeks to add more value locally by processing wood within the region instead of exporting raw logs.

Besides job creation and revenue generation, the strategy Beyina said, also seeks to increase forest concessions to 75 million hectares, double harvesting to 15 million m³/year and ensure 100% primary transformation (sawmilling) and 50% secondary/tertiary processing.

The webinar was part of a series by PANCANR in its drive to promote the sustainable utilization of Africa’s natural resources for enhanced economic and social development.

“Trade in timber is very crucial for the economies of the CEMAC region and banning the exportation of unprocessed logs is a bold step,” said Dampha Almami PANCANR’s Executive Secretary. He said the ban will ensure citizens of concerned countries benefit more from their natural resources.

In April 2024, Cameroon banned the export of raw logs from 76 specific timber species and in June of same year, parliament approved a new forest and wildlife law that aims to achieve the sustainable use and management of the country’s forest resources.

Tags: CEMACGrégory Lionel BeyinaPANCANR

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

CENPA honours Edison Fru Ndi as ‘North West Development Pillar’
Economy

CENPA honours Edison Fru Ndi as ‘North West Development Pillar’

September 25, 2026
Understanding the fuel cargo fueling SONARA-TRAFIGURA legal dispute
Economy

Understanding the fuel cargo fueling SONARA-TRAFIGURA legal dispute

September 23, 2026
Roads, bridges, water…: Ndu Council releases Mayor Abdou Borno’s dev’t report card
Economy

Roads, bridges, water…: Ndu Council releases Mayor Abdou Borno’s dev’t report card

September 8, 2026
Mobile money eases trade for women in Cameroon, but analysts say more is needed
Economy

Mobile money eases trade for women in Cameroon, but analysts say more is needed

September 3, 2026
Emmanuel Nnorom takes over as UBA Group Chairman, reinforcing Pan-African growth and strategic leadership
Economy

Emmanuel Nnorom takes over as UBA Group Chairman, reinforcing Pan-African growth and strategic leadership

August 27, 2026
Access Bank Cameroon launches Access Invest to boost CEMAC government securities market
Economy

Access Bank Cameroon launches Access Invest to boost CEMAC government securities market

August 12, 2026
New FECAFOOT headquarters highlights UBA Cameroon’s strategic partnership

New FECAFOOT headquarters highlights UBA Cameroon’s strategic partnership

May 12, 2026
Ring Road project spurs community empowerment in Donga Mantung

Ring Road project spurs community empowerment in Donga Mantung

July 9, 2025
LOYOC uses Community Service Days to sensitise youth on peacebuilding

LOYOC uses Community Service Days to sensitise youth on peacebuilding

March 18, 2025
Together We Thrive: A Commonwealth fit for the future

Together We Thrive: A Commonwealth fit for the future

March 11, 2025
FIFA World Cup 2026: Should Africa weep or wait?

FIFA World Cup 2026: Should Africa weep or wait?

July 9, 2026
Congo Basin MPs push for science-based forest governance, climate finance

Congo Basin MPs push for science-based forest governance, climate finance

September 23, 2026
Cameroon’s Jackson Tchatchoua joins Wolves

Cameroon’s Jackson Tchatchoua joins Wolves

August 20, 2025

Cameroonian fighters set to shine at PFL Africa finals in Cotonou

December 18, 2025

FECAFOOT hails UBA support as new headquarters is unveiled

May 15, 2026

Maiden Upper Balong Youth Festival revives culture, boosts sports

September 22, 2025

New Yaounde edifice to accelerate AfDB’s regional integration agenda

April 17, 2024

Analysis: As Rwanda marks 30 years since genocide, lessons for Cameroon as same looms in Anglophone regions

April 8, 2024

Dopgima Stella enters PCC Peace Summit Hall of Fame

November 4, 2024

African youths press for more climate adaptation finance ahead of COP28

November 21, 2023

In the shadows of Cameroon’s Anglophone crisis, learning corners help children reclaim lost childhoods

December 2, 2025

CPDM scribe hails Senator Françoise Puene for spearheading Bafang party house refurbishment

August 22, 2025
NewsWatch Cameroon

Trustworthy, timely and tenacious: that's our newspaper. For 10 years, we have delivered quality journalism that informs, inspires and challenges our readers. Join us as we continue to make a difference in the world of news.

#NewsWatch@10

  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

Sign Up for our News letters

NewsWatch Cameroon Anniversery

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC

No Result
View All Result
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC