Cameroon: Country Reports

♦ Facts

2019 China investments in Cameroon

  • $500M contract by Sinomach in the transportation industry in March 2010
  • Sinopec’s $540M contract in May 2011 in the energy industry
  • Sinosteel’s $660M contract in December 2012 in the Metals sector
  • Major Investment was in the energy fields in the amount of $520M throughout the course of 2017.
  • Chinese mobile phone manufacturers such as Tecno Mobile, Huawei, LG, ZTE, and OnePlus have flooded the Cameroonian market with affordable smartphones, allowing thousands of people to access the Internet for the first time
  • Kribi Seaport Loan which was worth $363M
  • Memve’le Dam which injects 201 megawatts of additional energy into Cameroon’s energy with total costs of $673M
  • Malaria research center in Yaoundé at a cost of $400K

2019 Trade Surplus -3.70% of GDP

3 Main Export commodities:

  1. Crude Oil
  2. Lumber
  3. Cocoa Beans

3 Main Import commodities:

  1. Cereals
  2. Fish
  3. Capital Equipment

2019 GDP $38 Billion, GDP per Capita $1497.8, up by $212.5 since 2010

2019, IFC input US $2.5 billion

President: Paul Biya

WHO participation:

  • World Health Organization is supporting Cameroon’s response to the COVID-19 pandemic through Risk Communication and Community Engagement trainings

2019 Population 25,876,380

Capital : Yaounde 3.822 million population 

  • 0-14 years: 42.15%
  • 15-24 years: 19.6%
  • 25-54 years: 31.03%
  • 55-64 years: 3.99%
  • 65 years and over: 3.23%

* It is estimated that 2,000 Chinese live in Cameroon as of 2008

2014 Contraceptive prevalence in Cameroon was 34.4%. 

♦ Telecom Subs

  • MTN Cameroon
  • Orange Cameroon
  • Nextell Cameroon
  • Camtel

♦ The Cameroon Stock Exchange Market cap and other numbers: 

  • Market Cap (USD): 3.235 Billion

♦ Investment Opportunities in The Cameroon Telecom Sector

  • Vodafone and Afrimax extend partner agreement to launch LTE services in Cameroon;
  • Vodafone Cameroon expands reach of LTE services through network sharing agreement with Camtel;
  • SAIL submarine cable soon to be laid, linking Cameroon with Brazil;
  • YooMe Mobile launches LTE offers as an MVNO;
  • World bank proposes split-up of Camtel;
  • Camtel handed newly built fibre loops in Douala and Yaounde;
  • MTN launches its mobile health platform in Cameroon;
  • Government calls end to temporary telecom licences;
  • Delay in MNP launch, to be managed by Huawei;
  • Nextell planning to sign up five million subscribers on the back of an anticipated LTE launch;
  • MTN and Orange launch LTE services;
  • National fibre rollout continues with new funding;

♦ Education Related 

Education System

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Illiterate Population

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Literacy Rate


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