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Invest in Cameroon

The Ministry of Small and Medium Enterprises, Social Economy and Handicrafts has put online the eRegulations system designed to provide national and foreign entrepreneurs with information on the administrative operations and procedures related to starting a business in Cameroon: eRegulations system.

If you want to invest in Cameroon, you should start by visiting the sites below to learn more:

Cameroon’s economic potential

Cameroon is said to be an Africa in miniature to reflect the diversity of its natural and cultural wealth. It’s true. And to present its immense economic potential, an international magazine came up with the right quip: “Angola has oil, Mali has cotton, Ivory Coast has cocoa…and Cameroon has all three.” It’s also true.

The economic fabric of Cameroon

In fact, Cameroon’s economic fabric is based on a very diverse range of resources:

  • Agriculture, which contributes 27% to GDP and 21% to export flows;
  • Forestry, with one of the richest massifs of the Congo Basin;
  • Fishing, both industrial and artisanal, present a promising prospect: the Cameroonian coasts conducive to the development of shellfish fishing and the demand for seafood products increasingly growing in the sub-region are sufficiently incentive factors for potential investors;
  • The vast pastures of the north: ideal setting for the development of intensive livestock, provider of raw material for a canning industry that is still missing in our economy;
  • A rich fauna and flora, a diverse and original culture that lends itself to the development of the tourist industry, attractive currency;
  • Industry, a real potential lever of growth policy, has a rich subsoil, sufficient hydrography, a skilled and abundant workforce, a wide opening to the sea and a sub-regional market estimated at about 200 million consumers (including Nigeria).

Development factors

All of these comparative advantages are topped by three important development factors namely:

  1. Macroeconomic stability supported by a GDP growth of around 5%, inflation controlled around 2%, liquid public finances and a stock exchange whose vocation is the financing of investments at a competitive rate.
  2. A legislative and regulatory framework that guarantees legal and judicial security of business.
  3. A political stability and social peace that reduce uncertainty and country risk in the business environment.

Here is a summary of Cameroon, a country led by a temperate President, open to dialogue and concerned with peace: His Excellency Paul Biya. A country whose economic policy aims at a single objective: the improvement of the living conditions of the populations, thanks to a voluntary strategy of poverty reduction.

Cameroon is ultimately an invitation to invest in an Africa plagued by unspeakable violence. Political stability, social peace and the confidence of international financial institutions, against the backdrop of sustained economic growth, are guarantees and comparative advantages that our country presents to potential investors.

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