OHADA Trends and Developments Contributed by: Albert Dione, Stéphanie Manguele and Fatoumata Binta Maïga, Thiam & Associés
contractual parameters that must be monitored and legally enforced. Cameroon In Cameroon, although the notion of “local con - tent” is not always codified in a standalone statute in the same way as in Senegal or Côte d’Ivoire, it is embedded within sector-specific legislation governing extractive and mining activities, notably through the Mining Code and sectoral agreements. These instru - ments impose obligations relating to local employ - ment, priority procurement from domestic companies and capacity development programmes. Mining and petroleum projects must therefore incorporate local development components, including employment, the use of national goods and services, and training and technology transfer programmes, within their opera - tional plans.
This sector-based approach also applies to operat - ing agreements and M&A transactions, where local integration plans and compliance obligations must be negotiated and incorporated into contractual provi - sions. Failure to comply with these obligations may lead to sanctions and, in certain cases, the revocation of operating permits, thereby reinforcing the strategic importance of local content as a compliance require - ment. M&A transactions have thus become increasingly complex instruments of strategic restructuring at the intersection of financial considerations, national reg - ulatory frameworks and economic sovereignty con - cerns. The early integration of local content obliga - tions and CSR considerations during the due diligence phase now appears to constitute a critical factor in securing and successfully executing transactions within the OHADA.
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