SONARA, Camair-Co, and CAMTEL held CFA297.3 billion in direct domestic debt as of June 2026. The three companies account for 93% of the CFA319.6 billion debt reported by Cameroon’s debt agency. Three state-owned companies—SONARA, Camair-Co, and CAMTEL—account for nearly all of the direct domestic debt currently reported for Cameroon’s public enterprises, underscoring how a handful of companies dominate the government's commercial-sector debt exposure. Floating Debt Adds Another CFA156.5 BillionThe 93% concentration does not include the floating debt of public enterprises, which the CAA tracks separately. As a result, while SONARA, Camair-Co, and CAMTEL currently account for 93% of the direct domestic debt officially reported by the CAA, that concentration reflects only the published portfolio.