French companies are claiming $518 million in debts from Cameroon. In the context of the economic crisis of the 1980s, which shook the country, Cameroon found itself unable to honor its debts to many companies.

In a publication of ''Invest in Cameroon'', the financial expert and ex-convict, Michel Thierry Atangana, is in discussion with the Cameroonian authorities for the settlement of debts owed to companies in the country.The financial expert and former prisoner, Michel Thierry Atangana, is in discussions with the Cameroonian authorities for the settlement of debts owed to French companies, within the framework of the Steering and Monitoring Committee for Road Works (Copisupr), created in the early 1990s. This Committee, which includes French companies (Dumez, Socamat, EJL, ETPC, Jean Lefebvre, France Telecom ...), according to a note recently sent to the Presidency of the Republic, is the only one to have been able to settle the debts owed by French companies.According to a note recently sent to the President of the Republic, the committee is demanding payment of a debt currently estimated at CFAF 316.8 billion ($517.7 million).

This debt would consist of the nominal amount (26.4 billion CFA francs), plus interest due to the delay caused by the administration, in accordance with the regulation and regulation agreement.This claim would consist of the nominal amount (CFAF 26.4 billion) plus interest due to the delay caused by the administration, in accordance with the regulation and final settlement agreement signed between the Republic of Cameroon and the French companies mentioned above. This agreement sets the interest rate at 10.5% per annum, from the due date not respected by one of the parties until the actual day of payment.