Browsing: Cameroon Agriculture

Investing in Cameroons booming Oil and gas sector.Image Source Centurion Law Group

Renowned by some as ‘Africa’s melting pot’ and ‘Africa in miniature’ by others, Cameroon is inarguably one of the most diverse countries in the continent.

Perched at the crossroads of West and Central Africa, the country boasts not only a rich tapestry of indigenous cultures but also diverse flora and fauna. Its strategic position bordering the Atlantic Ocean to the southwest, serves as a natural gateway into the landlocked region of Central Africa.

Cameroon is one of the countries that make up the Congo Basin, which is home to the world’s second-largest tropical rainforest after the Amazon. The Basin is popularly known as the ‘lungs of Africa’ covering 268 million hectares in Central Africa; a lush region filled with beautiful canopies that is not only home to more than 10,000 species of tropical plants which cannot be found elsewhere in the world, but also to the world’s largest tropical peatland.…

Cameroon woos diaspora investors, but faces government is mistrust www.theexchange.africa
  • Cameroon’s President Paul Biya has dispatched a delegation to Europe in an effort to persuade well-off Cameroonians now residing in Europe to invest in their home country
  • The government would grant tax exemptions of up to forty per cent for investments made by members of the diaspora in Cameroon, as well as loans of up to ten thousand dollars with no interest rates for members of the diaspora who return to engage in agricultural and livestock.

 

For the first time, Cameroon’s President Paul Biya has dispatched a delegation to Europe in an effort to persuade well-off Cameroonians now residing in Europe to invest in their home country.

However, members of Cameroon’s diaspora claim that investors are discouraged by the autocratic procedures and corrupt nature of Biya’s government.
According to government authorities, a delegation led by the Minister of Youth Affairs and Civic Education Mounouna Foutsou was deployed to …

cameroun agriculture

As the number of people demanding food supply has kept increasing since 2015 from 1.1 million to 2.7 million, Cameroon is striving to keep its farming systems updated and strong. According to the Aid and International Development Forum, 57 per cent of the rural people live in poverty.

Cameroon has more than 28 million people and like the rest of other African nations, it is endowed with rich natural resources, including oil and gas, but more importantly, Cameroon has a wide variety of agricultural products, such as coffee, cotton, cocoa, maize and cassava.…