Money Laundering: Why Cameroon Cannot Escape Purgatory

On October 30, 2026, in Paris, the Financial Action Task Force (FATF) kept Cameroon on its grey list, where the country has remained since June 2023 because of weaknesses in tackling money laundering and terrorist financing. The decision contrasts with the optimism expressed by Cameroonian authorities in August. Jean Bertin Meba, acting director of the National Financial Investigation Agency (ANIF), said then that seven of the 24 recommended actions remained outstanding. Those seven tasks are still blocking Yaoundé’s removal from the list.