Cameroon's State Livestock Company Yet to Write Off CFA92.7 Million in Uncollectible Customer Debts More Than 15 Years Later

Cameroon's Livestock Development and Production Corporation (Sodepa) continues to carry CFA92.7 million ($160,000) in old trade receivables on its balance sheet, most of them linked to meat sold on credit to customers who have since died or cannot be located. Fully impaired, some of the receivables date back more than 15 years and now require formal approval to be written off. In the notes to its 2025 financial statements, the state-owned company said that "doubtful receivables amounting to CFA92,699,815 as of December 31, 2025, are very old and have been fully provided for." The receivables mainly stem from credit sales…

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