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Export

Cameroon imports more than it exports. This situation weakens its economy. So, to reverse this trend and achieve its set growth targets by 2035, the

country must double its exports over the next 11 years. To attain this goal, Cameroon must diversify its export products and explore new markets that are less demanding than the European Union (EU) and China, which are so far its main trading partners. In this vein, the updated version of the National Export Strategy was presented recently... Read more

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CEMAC customs contribution

 

From 11 to 13 September 2019, Customs experts and administrations from CEMAC countries namely, Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad met in Yaounde to consider common interest issues relating to the implementation of recommendations of the West and Central Africa Regional Office of the World Customs Organization (WCO-WCA), switching to the 2022 version of the Harmonized Commodity Description and Coding System. Deliberations also centred on... Read more

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Ngaoundere Dry Port

Located in the Beka-Matari neighbourhood near the railway, 13km from Ngaoundere Town in the Adamaoua Region, the dry port project is also a brain child of the Chadian government. It seeks to decongest the Douala and Kribi ports and to reduce pre- and post-shipment delays and will go a long way to boost economic activities in the northern part of Cameroon through the many investment opportunities that it will offer to business persons. "This is good news for some of us who move goods from... Read more

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Economic areas to boost growth

On 19 April, the Head of State signed the enabling instrument of the 2013 law governing economic zones in Cameroon. This decree lays down the terms and conditions for the establishment and management of economic zones in Cameroon. An economic zone is an area made up of one or more developed and equipped geographical areas geared at enabling entities therein to produce goods and services in optimal conditions. Sectors of activity which fall within this framework defined by the decree include agriculture,... Read more

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