BUSINESS STAKE HOLDERS IN CAMEROON

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.

ACPM

ACPM is the 'Association Camerounaise des Professionnels de la Microfinance' (Cameroonian Association of Microfinance Professionals). It is an association representing professionals and institutions involved in microfinance activities in Cameroon. ACPM works to promote the development of microfinance, provide support and training to professionals in the sector, and advocate for policies conducive to financial inclusion and poverty reduction.

APECCAM

APECCAM stands for "Association Professionnelle des Établissements de Crédit du Cameroun" (Professional Association of Credit Institutions of Cameroon). It is an association in Cameroon that represents credit institutions such as banks and other financial institutions. APECCAM works to coordinate activities among its members, advocate for their interests, promote best practices in the banking sector, and contribute to the development of the financial industry in Cameroon.

GECAM

GECAM stands for "Groupement des Entreprises du Cameroun" (Grouping of Companies of Cameroon). It is an organization that represents a collective of businesses or companies operating in Cameroon. GECAM may serve as a platform for these companies to collaborate, advocate for their interests, address common challenges, and contribute to the development of the business environment

CCIMA

CCIMA stands for "Chambre de Commerce, d'Industrie, des Mines et de l'Artisanat" (Chamber of Commerce, Industry, Mines, and Crafts). It is a chamber of commerce organization in Cameroon, which typically serves as a representative body for businesses operating in various sectors. CCIMA offer services such as trade facilitation, business networking, advocacy, and support to promote economic development and growth.

CAPEF

The chamber constitutes, alongside the public authorities, the consultative and representative body of the interests of professionals in agriculture, fishing, livestock breeding, forestry and wildlife.

CNSP

Created by Decree No.75/118 of 21 February 1975 and reorganised by Decree No.98/311 of 9 December 1998, the Cameroon National Shippers’ Council (CNSC) is an administrative public establishment with legal personality and financial autonomy. Providing assistance to and protecting the interests of shippers with a view to contributing to the promotion of international trade are the missions assigned to the Cameroon National Shippers' Council (CNSC).

SYNDUSTRICAM

Syndustricam is an abbreviation for a syndicate or union of industries in Cameroon. It represents the interests of industrial companies operating in the country. Syndustricam advocates for policies favorable to the industrial sector, provide support and representation to its member companies, and contribute to the development of the industrial economy in Cameroon.

ONCC

ONCC stands for "Office National du Cacao et du Café" (National Cocoa and Coffee Board). It is an organization in Cameroon responsible for regulating and overseeing the cocoa and coffee industries. ONCC may be involved in activities such as licensing, quality control, market regulation, and promotion of these key agricultural commodities, which are significant exports for Cameroon.

ASSOBACAM

ASSOBACAM is "Association des Bananiers du Cameroun" (Association of Banana Producers of Cameroon). It represents banana growers, producers, or stakeholders involved in the banana value chain. ASSOBACAM may focus on promoting the interests of the banana industry, advocating or favorable policies, and supporting the development of the sector.

CICC

CICC stands for "Conseil Interprofessionnel du Cacao et du Café" (Interprofessional Council of Cocoa and Coffee). It is an organization in Cameroon that serves as a council or regulatory body overseeing the cocoa and coffee industries. CICC plays a role in coordinating activities, setting standards, promoting best practices, and representing the interests of stakeholders within these sectors.

GEX

GEX stands for "Groupement des Exportateurs de Cacao et Café" (Grouping of Cocoa and Coffee Exporters). It is an organization in Cameroon that represents exporters involved in the cocoa and coffee trade. GEX may work to facilitate exports, advocate for policies benefiting exporters, provide support and resources to its members, and contribute to the growth and competitiveness of the cocoa and coffee export sectors in Cameroon.

APICAM

APICAM stands for "Association Professionnelle des Ingénieurs Conseils et Sociétés d'Ingénierie du Cameroun" (Professional Association of Consulting Engineers and Engineering Firms of Cameroon). It is an association in Cameroon that represents consulting engineers and engineering firms. APICAM works to promote the interests of its members, ensure high professional standards in engineering practices, provide networking and professional development opportunities, and contribute to the advancement of the engineering profession in Cameroon.

The Cameroonian business ecosystem comprises a diverse array of key stakeholders and actors, each playing crucial roles in shaping the business environment and influencing investment dynamics within the country. These stakeholders include government entities such as ministries of Trade, Finance, and Industry, which are instrumental in formulating and implementing policies, regulations, and initiatives that govern trade, finance, and industrial activities. For instance, the Ministry of Trade oversees trade policy formulation, monitors

International trade commitments, and provides essential information on preferential tariffs and import/export procedures. Similarly, the Ministry of Finance defines and implements public finance policies, tax regulations, and foreign exchange regulations, significantly impacting financial operations and investment decisions. Moreover, regulatory bodies like the Standards Agency and the Ministry of Agriculture and Rural Development play pivotal roles in ensuring compliance with quality standards, intellectual property regulations, and agricultural trade policies. These entities provide essential guidelines and procedures for product certification, quality control, and trade in agricultural commodities, contributing to market transparency and consumer protection.

The Cameroonian business ecosystem comprises a diverse array of key stakeholders and actors, each playing crucial roles in shaping the business environment and influencing investment dynamics within the country. These stakeholders include government entities such as ministries of Trade, Finance, and Industry, which are instrumental in formulating and implementing policies, regulations, and initiatives that govern trade, finance, and industrial activities. For instance, the Ministry of Trade oversees trade policy formulation, monitors international trade commitments, and provides essential information on preferential tariffs and import/export procedures. Similarly, the Ministry of Finance defines and implements public finance policies, tax regulations, and foreign exchange regulations, significantly impacting financial operations and investment decisions.

Moreover, regulatory bodies like the Standards Agency and the Ministry of Agriculture and Rural Development play pivotal roles in ensuring compliance with quality standards, intellectual property regulations, and agricultural trade policies. These entities provide essential guidelines and procedures for product certification, quality control, and trade in agricultural commodities, contributing to market transparency and consumer protection.

Furthermore, industry associations such as the Chamber of Commerce, Industry, Mines, and Crafts (CCIMA) and the Investment Promotion Agency (API) serve as vital intermediaries between businesses and the government, advocating for the interests of the private sector, promoting investment opportunities, and facilitating business registration and licensing processes. Their expertise and networks offer valuable resources for foreign businesses seeking to navigate regulatory frameworks, access market information, and establish strategic partnerships.

Additionally, international organizations and trade facilitation entities like the Single Window for Foreign Trade Operations and the Cameroon National Shippers Council (CNSC) play essential roles in streamlining import/export procedures, enhancing logistics efficiency, and promoting international trade. These organizations provide platforms for collaboration, offer information on trade regulations and procedures, and help businesses mitigate logistical challenges and trade barriers.

The business ecosystem in Cameroon is shaped by various specificities, each influencing how businesses operate and navigate the economic landscape.

Cultural Sensitivity

Cameroon's rich cultural diversity, with over 250 ethnic groups and languages, underscores the importance of cultural sensitivity in business interactions. Businesses must navigate linguistic nuances, traditions, and customs to build trust and rapport with local stakeholders. Respect for hierarchical structures, elders, and authority figures, coupled with an appreciation for personal relationships and social connections, lays the foundation for successful business engagements.

Government Engagement

Engaging with the Cameroonian government is essential for businesses to navigate regulatory frameworks, access incentives, and stay informed about market conditions. Proactive engagement with government agencies, such as the Investment Promotion Agency (API) and relevant ministries, facilitates smoother registration processes and regulatory compliance. Participation in industry forums and workshops fosters collaboration and advocacy for private sector interests.

Adaptability

Cameroon's business environment is characterized by rapid changes influenced by economic, political, and social dynamics. Businesses must demonstrate adaptability to thrive amidst challenges such as infrastructure limitations, bureaucratic hurdles, and supply chain disruptions. Flexibility in strategy, operations, and partnership-building enables businesses to navigate uncertainties and maintain resilience in the face of evolving market conditions.

Business Practices in Cameroon

Cameroon's business practices are shaped by a diverse cultural landscape, with English and French as official languages. English predominates in Anglophone regions, while French is prevalent in Francophone regions. Building relationships and respecting hierarchical structures are central to business etiquette, mirroring Nigeria's relationship-oriented culture.

Public Holidays and Language

Awareness of public holidays and language preferences is essential for scheduling business activities and appointments in Cameroon. Modesty, respect for cultural norms, and adherence to local customs are paramount, particularly in predominantly Muslim regions. Dressing conservatively and displaying cultural awareness enhance business interactions and demonstrate respect for the host country's traditions.

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