Cameroon

A lower-middle-income country with a population of about 30 million, Cameroon is the largest economy in the Central African Economic and Monetary Community (CEMAC). Its competitive advantage is underpinned by the French-English bilingualism of its citizens, the relative stability of its political institutions, and a diversified economy. Furthermore, its strategic location on the Atlantic coast serves as a gateway to landlocked countries in the Central African region.

Cameroon’s current National Development Strategy (NDS30) aims to boost public-private partnerships and spur job growth. The country offers immense investment potential in infrastructure, agriculture, banking and digital technologies, alongside its status as a major producer of crude oil, natural gas, cobalt, iron ore, gold and diamonds.

However, Cameroon faces several challenges. The entrepreneurial environment is hampered by inefficient and opaque bureaucratic processes and inadequate infrastructure. High inequality and extreme poverty rates further complicate development efforts. Additionally, the primarily English-speaking northwest and southwest regions have become the battleground for clashes between government forces and guerrilla insurgents vying for independence.