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Cameroon

Background

The former French Cameroon and part of British Cameroon merged in 1961 to form the present country. Cameroon has generally enjoyed stability, which has permitted the development of agriculture, roads, and railways, as well as a petroleum industry. Despite movement toward democratic reform, political power remains firmly in the hands of an ethnic oligarchy.

Because of its oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems facing other underdeveloped countries, such as a top-heavy civil service and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. In June 2000, the government completed an IMF-sponsored, three-year structural adjustment program; however, the IMF is pressing for more reforms, including increased budget transparency and privatization. International oil and cocoa prices have considerable impact on the economy.

Holidays

Jan 1 - New Year's Day
Jan 21* - Eid al-Adha (Festival of Sacrifice)
Feb 11 - Youth Day
Mar 25-28~ - Easter
Apr 21* - Eid Milad Nnabi (Prophet's Anniversary)
May 1 - Labour Day
May 20 - National Day
May 21 - Sheep Festival
Aug 15 - Assumption
Oct 1 - Unification Day
Nov 14-16* - Djoulde Soumae (End of Ramadan)
Dec 25 - Christmas

Ps: Muslim festivals(*) are timed according to local sightings of various phases of the moon and the dates given above are approximations. Besides, the festival's date (~) is subject to change in every year.

Phone Codes

Country Code: 237
Outgoing International Code: 00
 

Resources

Market Research

CIA - The World Factbook - Republic of Cameroon
This website indicates a wide range of detail information about Cameroon by introducing under 8 different fields as its geography, people, government, economy, communications, transportation, military, transnational issues.

About Cameroon
There is available to find out Cameroon's general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.

OPIC Links - Investor's Information Gateway for Cameroon
There is available country database information links which are efficient for the new investors planned to do business in Cameroon including the contact lists of the institutions, organization related to Cameroonian business.

U.S Department of State - Country Commercial Guide for Cameroon
US Embassy in Cameroon represents a wide range of commercial analysis about Cameroon's business environment in order to provide service for the investors seeking business and investment opportunities in Cameroon.

Snapshot of Business Environment - Cameroon
World Bank figures out the tables which provide a snapshot of the business climate in Cameroon by identifying specific regulations and policies that encourage or discourage investment, productivity, and growth.

US Embassy Cameroon
There is an information gateway for Cameroon available created by US Embassy.

Trade Information

Consulate of Republic of Cameroon, Australia
This website sponsored by Consulate of Cameroon indicates current trade & agency opportunities listing under a number of subheadings as superior Cameroon hardwoods, tyre machinery, cocoa and so forth.

Cameroon Government Online
This website represents basically the structure of Cameroon's government in terms of its national organizations, ministries, government institutions and so forth in details. 

 
 
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