The oil, gas and mining industry in Cameroon has been imposed as an obligation to holders of permits, license and exploitation authorization in the oil, gas and mining industry to execute their operations in conformity with the principles set forth by the Kimberly process and the extractive industries transparency initiative.

The Kimberly Process is a certification scheme established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market by the United Nations General Assembly Resolution 55/56. This process was set up to ensure that diamond purchases were not financing violence by rebel movements and their allies seeking to undermine legitimate governments.

The extractive industries transparency initiative is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors. The extractive industries transparency initiative standard requires information along the extractive industry value chain from the point of extraction, to how the revenue makes its way through the government and its contribution to the economy. This includes how licenses and contracts are allocated and registered, who the beneficial owners of those operations are, what the fiscal and legal arrangements are, how much is produced, how much is paid, where the revenue is allocated and its contributions to the economy including employment.

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