News - Business in Cameroon
WEBCameroon’s Permanent Jobs Increase in 2023, Boosted by Primary and Tertiary Sectors. The number of permanent jobs in companies based in Cameroon grew by 0.9% in 2023, according to a report by the National Institute of Statistics (INS) on... Public management.
Fifteen firms capture 40% of Cameroon’s market revenue in 2022
WEBMar 11, 2024 · Fifteen firms capture 40% of Cameroon’s market revenue in 2022. (Business in Cameroon) - In 2022, fifteen companies in Cameroon accounted for 39.5% of the total revenue in the productive sector, amounting to 5,098.1 billion CFA francs. The "2022 Economic and Financial Survey of Companies" published by the National Institute of Statistics (INS ...
Foreign Products Capture 23.7% of Cameroon's Domestic Market …
WEB2 days ago · (Business in Cameroon) - In 2023, foreign products accounted for 23.7% of Cameroon’s domestic market. This marks the highest level in seven years, according to a report by the Competitiveness Committee. The report highlights the ongoing struggle of local producers to capture a larger share of the ...
Cameroon Provides CFA151mln in Interest-Free Loans for 56 Rural ...
WEB4 days ago · Comments - Thursday, 19 September 2024 04:01. (Business in Cameroon) - The Ministry of Economy, Planning, and Regional Development recently announced that nearly CFA151 million has been raised in less than a year to fund 56 projects in agriculture, agribusiness, and livestock. Of these projects, 26 are led by women.
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WEBSep 22, 2022 · (Business in Cameroon) - Economic activity in Cameroon grew by 3.6% in 2021, after a 0.3% decline in 2020 when Covid-19 was hitting hard. This recovery was, according to the stats agency INS, observed in all sectors but much more in those that were particularly affected by the pandemic, including services, such as transport, accommodation and catering, and industrial activities.
Cameroon Ranks High in Global Exports of Wood, Rubber, and …
WEB4 days ago · (Business in Cameroon) - In 2023, Cameroon held a strong position on the global market, thanks to exports of key products, according to the report on the competitiveness of the Cameroonian economy. Most of the country’s standout exports came from the forestry and logging sectors. Cameroon was the ...
Cameroon: Businesses see surge in bank lending ... - Business in …
WEBMar 16, 2024 · (Business in Cameroon) - Banks and financial institutions operating in Cameroon provided businesses in the country with loans totaling CFA1,311.6 billion between April and June 2023.
2020-2030 development strategy: Cameroon bets on ... - Business in Cameroon
WEBNov 16, 2021 · (Business in Cameroon) - On November 12, 2021, while presenting Cameroon’s 2020-2030 national development strategy (SND30) to the national assembly, Minister of Economy Alamine Ousmane Mey (photo) expanded on the funding sources for the over XAF35000 billion strategy.
Private sector boosts investment in Cameroon in Q1 2023
WEBSep 8, 2023 · Private sector boosts investment in Cameroon in Q1 2023. (Business in Cameroon) - The overall level of investment in Cameroon rose by 3.5% in the first three months of 2023, the National Stats Agency INS reported. This performance corresponds to a contribution of 0.7 points to Cameroon's GDP over the period.
Cameroon's industrial sector grapples with taxation challenges: …
WEBDec 22, 2023 · (Business in Cameroon) - The recently released industrial sector business climate survey by the Ministry of Economy, Planning, and Regional Development (Minepat) shows that 81% of business leaders perceive the tax burden (proportion of tax expenses to turnover) as being high, while 18% consider it average, and 1% regard it as low.