Accessing Cameroon

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About Cameroon

Cameroon, a lower middle-income country with a population exceeding 27.2 million (2021), presents a promising landscape for international trade and investment. located along the Atlantic Ocean, Cameroon shares its borders with the Central African Republic, Chad, Equatorial Guinea, Gabon, and Nigeria. Cameroon is bilingual, with English and French as official languages. The nation is endowed with abundant human and natural resources, including a youthful and dynamic population, substantial reserves of oil and gas, various mineral deposits, prized timber species, and a diverse array of agricultural products such as coffee, cotton, cocoa, maize, and cassava. These resources offer significant opportunities for businesses spanning multiple sectors. Cameroon’s strategic geographic location within the Central African region grants it access to neighboring markets, rendering it an appealing hub for trade and investment endeavors.

Geographic location and size

Cameroon is situated in Central Africa, bordered by Nigeria to the west and northwest, Chad to the northeast, the Central African Republic to the east, Equatorial Guinea, Gabon, and the Republic of the Congo to the south, and the Atlantic Ocean to the southwest. It covers an area of approximately 475,442 square kilometers (183,569 square miles), making it the 53rd largest country in the world .

Population

As of 2021, Cameroon’s population has surpassed 27.2 million people, predominantly youthful, with a substantial portion under the age of 25.The population of Cameroon is characterized by a rich diversity of ethnic groups grouped into four main cultural areas: the Sudanese-Sahelian region, the Grass fields, the coastal zone, and the Fang-Beti zone. The country boasts a multitude of languages spoken across its territory

Regions

Cameroon is divided into 10 regions: Adamawa, Centre, East, Far North, Littoral, North, Northwest, South, Southwest, and West. Each region has its own unique cultural, geographical, and economic characteristics.

Infrastructure

Cameroon’s infrastructure includes a network of roads, railways, airports, and seaports. Major cities such as Douala and Yaoundé are well-connected by road and rail, serving as key transportation hubs. The country also has several international airports, including Douala International Airport and Yaoundé Nsimalen International Airport, facilitating both domestic and international travel. Seaports such as the Port of Douala play a crucial role in facilitating maritime trade.

Economy

Cameroon’s economy is diverse, with key sectors including agriculture, mining, manufacturing, services and hydrocarbons. Agriculture remains a significant contributor to the economy, employing a large portion of the population and producing crops such as coffee, cocoa, cotton, maize, and cassava. The country also has substantial mineral resources, including oil, gas, bauxite, iron ore, and gold. The services sector, particularly telecommunications and banking, has experienced significant growth in recent years.

AGRICULTURE

Cameroon has over 7.2 million hectares of arable lands and a climate favorable to a wide variety of crops. Cultivable land represents 26% (1.8 million hectares) of arable land. Agriculture is the mainstay of Cameroon’s economy, engaging an estimated 70% of the economically active population and accounting for an estimated 17% to the country’s GDP. It is mainly carried out by cooperatives and family farms. They produce tubers (cassava, cocoyam, potatoes, potatoes), cereals (corn, peanuts, sorghum, etc.), market garden products, and fruits. Alongside these, a second category of players is made up of agro-industries (subsidiaries of large international groups in particular) which are very often specialized in the production of products intended for export (banana, pepper, rubber, oil palm, cotton, cocoa, etc.). Despite its strong potential, Cameroonian agriculture remains poorly mechanized. In addition, security conditions, as well as climatic conditions, have negatively impacted production volumes over the last few years. There is a significant deficit in production with respect to demand. Despite its significant potential, agriculture in Cameroon encounters numerous challenges, which ultimately hinder the country’s ability to adequately meet its growing food requirements. However, opportunities exist in the supply of vegetable seeds, in support of local seed production. The opportunities for UK companies in this sector include.

  1. equipment supply
  1. education and training
  1. food processing and manufacturing
  1. haulage, storage, and waste recycling
  1. poultry and fish farming
  1. commercial mechanised farm

TOURISM

Leisure tourism is developing very slowly around memorial stays and massive seasonal returns of dual nationals and the Cameroonian diaspora. However, the country’s potential is remarkable and remains underexploited due to the lack of site development and the absence of access infrastructure. (beaches in the Englishspeaking regions and wildlife parks located in the far north of the country in particular).

% GDP 3%
Number of tourism agencies 250
Number of leisure establishment 300
Number of Sites 120
Number of tourism 800,000
Number of hotels 1003
Tourism Infrastructures 18152 rooms 446 apartments 494 restaurants
  1. In the Centre region, the National museum in downtown Yaoundé; and the Ottomo forest reserve in Ngoumou
  1. In the East region the Dja natural reserve, listed as a UNESCO World Heritage Site; pygmy camps.
  1. In the northern region, the hippopotamuses of the River Bénoué; the National Park of Mozogo Gokoro in Kozathe National Park of Waza in the Far-north covering a surface area of about 170 000 ha ; the Mount Rhumsiki.
  1. In the littoral region the Mount Manengouba ; Lake Ossa ; Lake male of Manengouba ; Ekom Nkam waterfalls (80 m) and its equatorial forest where traditional ceremonies are performed.
  1. In the North-West region Mount Oku, Lake Oku
  1. In the West region, the Sultanate of Foumban, the Dschang Climate Centre; the Mami Wata waterfalls in Dschang; the Moakeu waterfalls, near Bafang ; the Mifi waterfalls ; and the Baba waterfalls in Bangoulap, the TAGIDOR in Bangou
  1. In the South, the, sea town of Kribi and its beaches, the river Lobé where, where a trip can be taken in a traditional pirogue and whose luxuriant banks are home to Pygmies; the waterfall of Lobé river.

BANKS

Area Quantity
Number of Banks 19
Density of Banking 13 branches / 100,000 inhabitants
Number of branches 350
Number of ATM 805
Number of accounts 2.8 million

HEALTH

The Cameroonian health system is structured around a public healthcare offering which represents 77% of reception and hospitalization capacities, with around 2,700 health structures, including 2,475 first contact establishments. In addition to the ordinary health facilities found in most towns and cities, Cameroon has three (3) General Hospitals in Yaoundé, Douala and Garoua. Referral Hospitals, one (1) in each of the other regions, whose technical facilities offer a wide range of services to users

Transport

RoadWays Sea ways Air ways Rail ways
90% of domestic passengers 4 sea ports 1.06 international passengers 1.7 million tones of goods
5825km f target roads 35.8 thousand flights 1.2 million of passengers
0.02 vehicles per inhabitants 51% international flights 33 railway stations

RETAIL

The Cameroonian Government has put in place measures to promote 'made in Cameroon' products through showrooms and business store units. Moreover, local products are available in various commercial establishments, mostly provision stores in 2020, ACTIS (UK private equity firm) invested $100 million to develop the Douala Grand Mall (DGM), currently the largest retail space in Central Africa. The infrastructure, which has an occupancy rate of 63% in mid-2022, accommodates major brand stores, cinemas, restaurants, etc.

Ministry of Trade

Key Roles: Declaration of trade Policy Monitoring of international trade commitments implementation

Areas of Intervention: Trade policy Regulatory texts governing foreign trade operations Information on products eligible for the Preferential Tariff (CEMAC, ECCAS and AU) Procedures for registration on the importers’ register

Ministry of Economy, Planning, and Regional Development

Key Roles: responsible for land use planning at the national level, public investments and the control and evaluation of development programs www.minepat.gov.cm

Areas of Intervention: Infrastructures building etc

Ministry of Finance

Key Roles: Definition and implementation of public finance policies and tax and customs regulations foreign exchange regulations

Areas of Intervention: Specific finance laws on derogatory measures Regulatory texts Customs regulations

Ministry of Mines, Industry and Technological Development

Key Roles: prepares and implements the industrial and mining policy of Government and technological development strategies in the different areas of national economy

Areas of Intervention: Regulation of quality issues, intellectual property aspects, stamping, trade in mining products

Ministry of Small and Medium- sized Enterprises, Social Economy and Handicrafts

Key Roles: responsible for the elaboration, implementation and evaluation of Government policy with regard to the development of small and medium sized enterprises, social economy and handicraft

Areas of Intervention: Business creation, small and medium size enterprises capacity building.

Ministry of Agriculture and Rural Development

Key Roles: Responsible for agricultural policyand regulations concerning trade in plant species

Areas of Intervention: Texts governing trade in plant products Focal point for SPS measures

Ministry of Livestock and Fisheries

Key Roles: Definition and implementation of national livestock and fisheries policy

Areas of Intervention: Texts governing trade in animal products - on exemptions

Ministries of Public Health, theEnvironment, Protection of Nature and Sustainable Development

Key Roles: Setting out and monitoring national public health policy

Areas of Intervention: Texts governing trade in pharmaceutical products - on exemptions

Ministry of the Environment, Protection of Nature and Sustainable Development

Key Roles: Defining and implementing national environmental protection policy

Areas of Intervention: Texts governing trade in forest and timber products - International conventions affecting trade (CIPRES, etc.)

Ministry of Forestry and Wildlife

Key Roles: Responsible for the development, implementation and evaluation of the Government’s forest and wildlife policy

Areas of Intervention: and evaluation of the Government’s forest and wildlife policy. International conventions affecting trade (CIPRES, etc.)

Ministry of Transports

Key Roles: Definition and implementation of national transport policy

Areas of Intervention: Information on port and airport facilities and logistics bases

Standards and Quality Agency

Key Roles: In charge of standardisation and product conformity issues

Areas of Intervention:Technical regulations - pre-shipment evaluation of conformity (PECAE)

Chamber of Commerce, Industry, Mines and Craft (CCIMA)

Key Roles: Institution that represents and defends the interests of the private sector

Areas of Intervention: interests of the private sector Information on the conditions for issuing certificates of origin for exports.

Chamber of Agriculture, Fisheries, Livestock and Forest

Key Roles: Institution that represents and defends the interests of businesses in agriculture, fishery and forestry.

Areas of Intervention: Information on agricultural and livestocks statistics.

Investment Promotion Agency (API)

Key Roles: Public institution responsible for promoting investment

Areas of Intervention: Incentive measures provided for in the Investment Code concerning certain import and export operations

Single window for foreign trade operations

Key Roles: Economic interest group responsible for facilitating international trade operations The e-GUCE platform, thus providing the exporter with a series of basic functionalities.

Areas of Intervention: Organisation bringing together all the entities involved in foreign trade operations. Information on procedures

Cameroon National Shippers Council (CNSC)

Key Roles: plays essential roles in streamlining import/export procedures, enhancing logistics efficiency, and promoting international trade

Areas of Intervention: Information on import and export procedures, in particular the CNSC fee.

National Cocoa and Coffee Board

Key Roles: Coffee and cocoa promotion institution

Areas of Intervention: Practical information on coffee and cocoa export procedures.

Company registration

It takes 72 hours to set up a company. Before applying to the CFCE to set up a business, you must first obtain a number

For individuals For legal entities
1 certified copy of the national identity card or birth certificate for nationals. For foreign nationals, the passport or residence permit; 2 Certified copies of the statutes of the future company; these may be drawn up by a notary or under private seal;
1 excerpt from Bulletin No. 3 of the crimi- nal record for nationals. For foreign natio- nals, 01 excerpt from the criminal record issued in the country of origin or any other country. 2 Copies of the declaration of com- pliance, or of the notarized declaration of payment subscription;
1 marriage certificate for those who are married. 2 certified lists of managers, directors or partners who are indefinitely and personally liable, or who have the power to bind the company;
1 residence certificate 1 prior authorisation to conduct business, where applicable;
2 4X4 photographs with names written on the back; 1 business location plan signed by the applicant.
Where applicable, prior authorization to operate the business;
A business location plan signed by the applicant.

Cost for company registration

Bodies involved Documents to be obtained Amount required
Registry of the court of 1st instance Registration in the Personal Property Credit Register CFA 41,500 for individuals CFA 55,000 legal entity
National Social Insurance Fund Attestation for submission to the NSIF 9.000 FCFA
Taxation Centre Attestation of non-use of sala- ried staff 2.500 FCFA
Patent exemption certificate 0 FCFA
Enregistrement contrat de bail 10% of the annual amount of the lease declared for a tenant promoter
0.11% property value for an It is aloso possible owner
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