Doing Business in Cameroon

Syllabus of the Subject: Doing Business in Cameroon. Douala and Yaounde.

1. Introduction to the Republic of Cameroon (Central Africa)
2. Doing Business in Yaounde (Ongole) and Douala
3. Cameroonian Economy
4. International Trade of Cameroon
5. Port of Douala
6. Business and Investment Opportunities in Cameroon
   1. Agriculture and agribusiness sector
   2. Housing and construction sector
   3. Business services in Cameroon
   4. Mining sector
   5. Tourism
7. Cameroon Investment Promotion Agency (CIPA)
8. Case Study:
   1. Cameroon Telecommunications
   2. How to invest in Cameroon
   3. Cameroon Breweries
   4. Fadil Group
9. Introduction to French
10. Access to the Cameroonian Market
11. Business Plan for Cameroon

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Cameroon” are the following:

1. To analyse the Cameroonian economy and foreign trade
2. To evaluate the business opportunities in the Republic of Cameroon
3. To explore Cameroon's trade relations with the country of the student
4. To know Cameroon's Trade Agreements
5. To examine the profile of the Cameroonian Companies
6. To develop a business plan for the Cameroonian Market

Sample of the subject - Doing Business in Cameroon:

Hispano-African University of International Business

EENI Professors from Cameroon:

1. Paterson Ngatchou
2. Prospero Kemayou

Description of the Subject (Online Learning): Doing Business in Cameroon.

Cameroon: 40% of the CEMAC's GDP

The Republic of Cameroon is situated in Central Africa, sharing borders with Chad, the Central African Republic, Congo, Gabon, Equatorial Guinea, and Nigeria.

1. The Republic of Cameroon has an area of 475,440 square kilometres and a population of 24 million people
2. Languages: French (80% of the Cameroonian population) and English (20%)
3. Independence: 1960 (France)
4. Capital: Yaoundé (2.5 million people)
5. Douala is the largest city: 3 million people, Port of Douala
6. Independence of France: 1961

Main religion in Cameroon.

1. African Traditional Religions
2. Christianity
   1. Catholicism (4 million)
   2. Protestants (3 million, 27% of the Cameroonian population)
3. Islam (mainly in North)

Cameroon belongs to the Central African Economic Area (African Civilisation).

Cameroonian Economy:

1. Cameroonian economy is based mainly on the primary sector (42% of the gross domestic product)
2. Main sources of revenue in Cameroon are agriculture, livestock, fisheries, forestry, mining, and industry
3. The fighting against corruption and poverty is a preference for the Government of the Republic of Cameroon
4. The Cameroonian agriculture is the main sector of the Republic of Cameroon, employs 70% of the workforce and contributes 42% to the formation of the gross domestic product of Cameroon
5. Main cash crops are cocoa, coffee, cotton, bananas, rubber, potato, and pepper
6. Cameroonian GDP growth: 5%
   - Tertiary sector (47.8% of GDP)
   - Primary sector (22.5%)
   - Secondary sector (29.7%)
7. Cameroon represents 40% of the CEMAC’s GDP and 39% of the total CEMAC's exports
8. Cameroonian Inflation: 2,3%
9. The most dynamic economic sectors are trade, construction, agriculture, manufacturing, and extractive industries (petrol and gas)
10. Cameroonian currency: CFA FRANC
11. The objective of the National Investment Corporation of Cameroon is to mobilise and focus on national savings

The Republic of Cameroon has four independent ports. The Autonomous Port of Douala represents 95% of shipping freight and international trade of Cameroon.

The telecommunication's sector develops very quickly in the Republic of Cameroon. The Cameroon Telecommunications is a public company owned 100% by the State of Cameroon. Created in 1998, Cameroon Telecommunications (CAMTEL) is strongly implicated in the development and modernisation of telecommunications markets in Cameroon. CAMTEL just signed an agreement with a Chinese company.

Brasseries du Cameroon (Cameroon breweries) is a food processing company specialising in the manufacture and distribution of soft drinks. The company is the leading industry in Cameroon. Created in Douala (Cameroon) in 1948, became an affiliated company of the Castel Group in 1990.

Trans-African Roads related to Cameroon:

1. Tripoli-Windhoek Corridor
2. Trans-Sahelian Highway
3. Lagos-Mombasa Corridor

Cameroon has preferential access to:

1. Economic and Monetary Community of Central Africa (CEMAC)
2. Economic Community of Central African States (ECCAS)
3. African Growth and Opportunity Act (AGOA)
4. Trade Agreements with Egypt, South Africa, Switzerland, China, Russia, India
5. Africa-European Union Strategic Partnership (Cotonou)

Cameroon is a member of:

1. Organisation of Islamic Cooperation (OIC)
2. New Partnership for Africa's Development (NEPAD)
3. African Development Bank
4. Economic Commission for Africa (ECA)
5. Niger Basin Authority
6. Islamic Development Bank
7. Organisation for the Harmonisation of Business Law in Africa (OHADA)
8. African Union (AU)
9. Commonwealth (since November 1995)
10. World Bank (WB), United Nations (UN), International Monetary Fund (IMF), World Trade Organisation (WTO)

❮ Samples - Business in Cameroon ❯

(c) EENI- Business School & Hispano-African University of International Business