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Business images of Cameroon

Economy of Cameroon

The economy of Cameroon was one of the most prosperous in Africa for a quarter of a century after independence. Real per capita GDP fell by more than 60% from 1986 to 1994. The current account and fiscal deficits widened, and foreign debt grew. Yet because of its oil reserves and favorable agricultural conditions, Cameroon still has one of the best-endowed primary commodity economies in sub-Saharan Africa.

Top Sectors in Cameroon

Finance and banking in Cameroon

Cameroon's financial system is the largest in the CEMAC region. The banking sector is highly concentrated and dominated by foreign commercial banks. 6 out of the 11 largest commercial banks are foreign-owned, and the three largest banks hold more than 50 percent of total financial system assets. While foreign banks generally display good solvency ratios, small domestic banks are in a much weaker position. Their capitalization is well below the average of banks in the CEMAC region and their profits are close to 2 percent, compared to 20 percent for foreign banks in the country.


Cameroon - Key Economic Indicators

Exports and Imports

Cameroon's economy is heavily reliant on oil exports, though diversification efforts are ongoing. Key exports include crude oil ($8.2 billion in 2023 estimate), timber ($2.1 billion), cocoa ($1.7 billion), and coffee ($1.3 billion). Major import partners include China ($4.8 billion), France ($3.1 billion), and Nigeria ($2.5 billion) [focus-economics.com]. While rising oil prices have boosted export earnings, imports often outpace them, leading to a persistent trade deficit.

Infrastructure Development

Infrastructure development is a pressing need for Cameroon. The total road network exceeds 78,000 kilometers, but a significant portion requires upgrading. Investments are underway in other areas like railways, ports (particularly Douala), and power generation, with a focus on harnessing hydropower potential.

Monetary Policy

Cameroon belongs to the Central African Economic and Monetary Community (CEMAC). The Bank of Central African States (BEAC) sets monetary policy for the entire zone. As of May 2024, the key interest rate is set at 2.0% [BEAC website], with the primary goals being inflation control and maintaining the stability of the CFA Franc, which is pegged to the Euro.

Trade Agreements

Cameroon benefits from trade agreements within CEMAC and with the European Union. These agreements offer preferential access to regional and European markets, promoting exports and attracting foreign investment.

Tax system

Capital gains tax: Capital gains in Cameroon are taxed at the marginal income tax rate, which ranges from 10% to 35%.
Corporate tax rate: The standard corporate tax rate in Cameroon is 30%. However, there are reductions for certain company sizes and sectors: (i) Companies with a turnover below XAF 3 billion (around $5.4 million) may benefit from a reduced rate of 28%. (ii) Companies listed on the Central African Stock Exchange may qualify for a further reduced rate of 25%.
Sales tax (VAT): Cameroon has a Value Added Tax (VAT) system with a standard rate of 19.25%. Certain essential goods and services may have a reduced VAT rate.
Property tax: Property tax rates in Cameroon vary depending on location and property type. Generally, they are considered low, ranging from 0.1% to 0.5% of the property's value.
Payroll tax: Cameroon has a social security contribution system funded by both employers and employees. The total contribution rate is around 10.6%, split between the two parties.
Tax deductions and credits: Limited tax deductions and credits are available in Cameroon. Businesses may deduct some expenses related to their operations, while individuals may have deductions for specific circumstances.
Tax compliance: Tax compliance in Cameroon is improving, but challenges remain. The government is implementing measures to broaden the tax base and improve tax administration.
Tax burden: The overall tax burden in Cameroon is considered moderate for individuals and businesses. The reduced corporate tax rate for smaller companies, along with generally low property taxes, contribute to this. However, the government seeks to increase tax revenue to support development projects.

657 Live Notices for Cameroon ....

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Realisation D'Un Forage A Grand Debit D'Eau + Chateau Mpetallique
country Cameroon
posting date17 Jul 2025
deadline23 Jul 2025
Design And Creation Of Communication Products (Agenda, Business Cards, Leaflets, Document Holder, Social Networks, Roll Up, Suggestion Box, Etc.)
country Cameroon
posting date17 Jul 2025
deadline19 Aug 2025
Opinion To Manifestation Of Interest N ° 001/Friend/Mlnt/Pcdn/Ugp/2025 Of 03 July 2025; For The Recruitment Of A Consultant In Charge Of The Implementation Of The Status Of An Economic Operator Agree (Oea) Country: Cameroon Project: Regional Project For The Improvement Of The Performance Of The Rail/Douala-Ndjamena Route (Pcdn) Credit Number: N ° 70360-Cm Reference N °: Cm-Mint-486045-Cs-Cqs
country Cameroon
posting date17 Jul 2025
deadline23 Jul 2025
Asmi N ° 011 Of July 11, 2025 For The Recruitment Of Agro Dealers With A View To The Supply Of Agricultural Inputs To The Benefit Of Subsidies By Vouchers Electronics Within The Framework Of Patnuc
country Cameroon
posting date17 Jul 2025
deadline31 Jul 2025
Appeal To Manifestation Of Interest N ° 061/Ami/Mintp/Sg/Dp Pacri-Vr/Spm/2025 Of 04 July 2025 For The Technical Audit Of The Project To Improve Connectivity, Resilience And Inclusion (Pacci) Along The Mora-Danga-Kousseri Road Corridor: Cameroon Project: Project For The Improvement Of Connectivity, Inclusion Along The Mora-Danga-Kousséri Road Corridor In The Far North "Pacri-Mdk" Funding Region: Ida Credit N ° 73520-Cm/N ° 73510-Cm/N ° 2090-Cm Title Of The Mission: Technical Audit Of The Project To Improve Connectivity, Resilience And Inclusion (Pacri) Along The Road Mora-Danga-Kousséri.
country Cameroon
posting date17 Jul 2025
deadline30 Jul 2025
Opinion To Event Of Interest N ° 006/Ami/Mint/Pcdn/Ugp/2025 Of July 15, 2025 For The Recruitment Of A Consultant For The Analysis And Risk Management In The Dedication Operations And The Routing Of Goods Country: Cameroon Project: Regional Project For The Improvement Of The Performance Of The Rail/Douala-Ndjamena Corridor (Pcdn) N ° 70360-Cm Reference Number: Cm-Mint- 500349-Cs-Cqs
country Cameroon
posting date17 Jul 2025
deadline05 Aug 2025
Opinion To Demonstration Of Interest N ° 005/Ami/Mint/Pcdn/Ugp/2025 Of July 15, 2025 For The Recruitment Of A Consultant For The Production Of The Diagnostic Study Of The Information System Of Cameroon For Interconnection With Chad Country: Cameroon Project: Regional Project For The Improvement Of The Rail/Route Rail/Road (Pcdn) Credit Number: N ° 70360-Cm Reference Number: Cm-Mint- 448697-Cs-Cqs
country Cameroon
posting date17 Jul 2025
deadline05 Aug 2025
N ° 25/D13-182/A/Minsante/Sg/Drfp/Sdbf/Smp Additive To The Request For Quotation N ° 038/D13-182/Dc/Minsante/Cipm/2025 Of June 09, 2025 Relating To The Supply And Installation Of Medical Materials To The Public Health Ministry For The Support Of Chronic Diseases Non-Transmitting: Bip Mining, Exercise 2025
country Cameroon
posting date17 Jul 2025
deadline17 Jul 2025
Additive N ° 02/A/C/Bok/Sg/M/2025 Carrying The Opening Of The Folds Of July 16, 2025.
country Cameroon
posting date17 Jul 2025
deadline25 Jul 2025
Additive 4 N ° 22/Ad/C-Ayos/2025 Of 07/15/2025. Relating To The National Call For Tenders Open N ° 12/Aono/C-Ayos/Cipm/2025 Of March 19, 2025 In Emergency Procedure For The Execution Of Coating Work On The Ayos Market Platform.Finance: Budget Of The Commune Of Ayos, Exercises 2025 And Following.
country Cameroon
posting date17 Jul 2025
deadline13 Aug 2025
Communication N ° 002/C/Minresi/Boo/Goo/G30/G32 Of July 11, 2025 Reporting The Date Of Filing Of Files Of The Reviews Of The Restricted National Tender N ° 001/Aonr/Minresi/Cipm/2025 Of June 16, 2025 For The Study For The Creation Of Agrifood Clusters In Cameroon (Phase Iii)
country Cameroon
posting date17 Jul 2025
deadline21 Jul 2025
Communication N ° 003/C/Minresi/Boo/Goo/G30/G32 Of July 11, 2025. Reporting The Date Of Filing Of Files Of The Reviews Of The Restricted National Tender N ° 002/Aonr/Minresi/Cipm/2025 Of June 16, 2025 For The Creation Of A Database For The Recording And Periodic Monitoring Of Infrastructures And Equipment Under Guardianship And The Research Partner Structures Of Minresi. (Phase V)
country Cameroon
posting date17 Jul 2025
deadline21 Jul 2025
Communication N ° 004/C/Minresi/Boo/Goo/G30/G32 Of July 11, 2025. Reporting The Date Of Filing Of Files Of The Reviews Of The Restricted National Tender N ° 003/Aonr/Minresi/Cipm/2025 Of June 19, 2025 For The Work Of The Implementation Of A Digital Platform For Access To Innovations In Minresi (Phase Iii)
country Cameroon
posting date17 Jul 2025
deadline21 Jul 2025
Communication N ° 005/C/Minresi/Boo/Goo/G30/G32 Of July 11, 2025. Reporting The Date Of Filing Of Files Of The Reviews Of The Restricted National Tender N ° 004/Aonr/Minresi/Cipm/2025 Of June 16, 2025 For The Development Of The Public-Private Partnership Strategy.
country Cameroon
posting date17 Jul 2025
deadline21 Jul 2025
Additive N ° 20/A/Cmdle/2025 Modifying Certain Points Of The Consultation Notice N ° 03/Dc/C-M ° Dle/Sg/Stadu/2025 Of June 16, 2025 For The Equipment Of The Community Radio Of Mayo-Banyo, Region Of Adamaoua Following The Finding Of The Internal Passing Commission Of Markets With The Commune Of Mayo Darlé, Of Work Postpones The Date Of Counting Of The Dao Sus Mentioned.
country Cameroon
posting date17 Jul 2025
deadline25 Jul 2025
National Tender Notice Opened In Emergency Prodecuren ° 04/Aono/Uyi/Sigamp/Cipm/2025 Du.09/07/2025. For The Supply And Installation Of Video-Surveillance Equipment To The Rectorate Of The University Of Yaounde I
country Cameroon
posting date17 Jul 2025
deadline04 Aug 2025
Cotting Request Notice N ° 01/Ac/Uy1/Cipm/2025 Of 09/07/2025 ... For The It Equipment Equipment Of A Pedagigic Block At The Iut-Bois Of The University Of Yaounde I A Mbalmayo
country Cameroon
posting date17 Jul 2025
deadline05 Aug 2025
Request For Request For Quotation Dc N ° 003/Dc/Mint/Pcdn/Ugp/Cspm/2025 Of July 8, 2025 For The Supply Of Security Services And Monitoring Of Persons, Premises And Goods To The Management Unit Of The Regional Project For The Improvement Of The Performance Of The Rail/Douala-N’Djamena (Pcdn)
country Cameroon
posting date17 Jul 2025
deadline21 Oct 2025
Cost Of Quotation Request N ° D13-224/Dc/Minsante/Sg/Ucs-Fm/Cipm/Epm/Fa/2025 Of 08 July 2025 For The Supply Of An Internet Connection By Fiber Optic To The Central Technical Group Of The National Program To Fight Tuberculosis
country Cameroon
posting date17 Jul 2025
deadline14 Aug 2025
Notice Of Price Request N ° 027/Dpx/Minader/Padfa Ii/Cspm/Rpm/2025 Of July 14, 2025 Relating To The Acquisition And Distribution Of Additional Equipment For The Implementation Of Cep New Padfa Ii Sectors, In The Center And East Regions. Context: The Government Of Cameroon Has Obtained From The International Agricultural Development Fund (Ifad) Funding Which It Plans To Partially Use To Cover The Achievement Of These Acquisitions. The Use Of Fida Funds Is Subject To The Approval Of The Latter, According To The Terms And Conditions Provided That The Financing Agreement And In Accordance With The Rules, Policies And Procedures Of Ifad. Fida And Its Representatives, Agents And Civil Servants Are Released From Any Responsibility Concerning Legal Actions, Procedures, Complaints, Requests, Losses And Obligations Of All Kinds And Of Any Kind That Any Part Would Invoke Within The Framework Of The Project To Support The Development Of Agricultural Sectors - Phase Ii (Padfa Ii). The Project To Support The Development Of Agricultural Sectors - Phase Ii (Padfa Ii) Plans To Use Part Of This Credit To Make Payments Eligible For The Market Relating To "The Acquisition And Distribution Of Additional Equipment For The Implementation Of Cep New Padfa Ii Sectors, In The Center And East Regions".
country Cameroon
posting date17 Jul 2025
deadline13 Aug 2025