Course summary (Business in Cameroon)
The Republic of Cameroon is situated in Central Africa, sharing borders with Chad, Central African Republic (CAR),
Congo, Gabon,
Equatorial
Guinea and Nigeria. the Republic
of Cameroon has an area of 475 440 Km² and a population of 20 million people.
The Cameroonian economy is based mainly on the primary sector (42% of
Gross domestic product). The main sources of revenue in Cameroon are agriculture, livestock, fisheries, forestry, mining and industry. The
fighting against corruption and poverty is a preference of government of The
Republic of Cameroon.
Agriculture is the main sector of the Republic of Cameroon, employs 70% of the workforce and contributes 42% to the formation of
Gross domestic product (GDP) of Cameroon.
The main cash crops are cocoa, coffee, cotton, bananas, rubber, potato and pepper.
The Republic of Cameroon has 4 independent ports. The autonomous
port of Douala represents 95% of shipping freight
and international trade of Cameroon.
Cameroon is a member of: Economic Community of Central African States (ECCAS), BEAC, Economic and Monetary Community of Central Africa (CEMAC),
Organization of the Islamic Conference (OIC),
African Development Bank,
Economic Commission for Africa (UNECA),
New Partnership for Africa's Development (NEPAD), African Union, the
Commonwealth (since November 1995). World Bank, United Nations, International
Monetary Fund, Islamic Development Bank, WTO, Cotonou Agreement
Cameroon is a beneficiary of the
African Growth and Opportunity Act (AGOA).
Example of the course doing business in Cameroon:
Master in International Business for Cameroonian students
The
telecommunications sector is developing very quickly in the Republic
of Cameroon. The
Cameroon Telecommunications (CAMTEL)
is a public company owned 100% by the State of Cameroon. Created in 1998, Cameroon Telecommunications (CAMTEL)
is strongly implicated in the development and modernization of telecommunications
markets in Cameroon. CAMTEL just signed an
agreement with a
Chinese company.
The objective of the
National Investment corporation of Cameroon (Société Nationale d'Investissement du Cameroun SNI)
is to mobilize and focus of national savings.
Brasseries du Cameroon (Cameroon breweries), is a food processing company specializing in the manufacture and
distribution of soft drinks, is the leading industry in Cameroon. Created in Douala
(Camreroun) in 1948, became a affiliated company of the Castel Group in 1990.
