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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