Actualités of Thursday, 25 December 2014

Source: Cameroon Tribune

Cameroon at the crossroads of growth

Africa Mediterranean Business published this month a Special Edition on the good points and challenges of the life of local affairs.

The image of hustlers, champions of the imagination, in the hectic and productive economic capital Douala, encapsulates the ambition of growth of Cameroon.

Africa Mediterranean Business (AMB), the magazine of emerging economies and companies, devoted a Special Edition: Cameroon has everything to become a great African, an emerging economy. According to Zyad Limam, the patron of this quarterly founded year last in France, it is left for them to realize the "qualitative leap necessary".

The General review of health - rather-good business in Cameroon may also encourage such a perspective for the benefit of the overwhelming majority of the population that deserves to reap the benefits of a widest possible economic transformation.

The path of the industrialization of local production of raw materials is that the objective of growth control borrowing, according to the analysis of this issue of AMB which examined a fertile ground in 132 pages.

Starting with the infrastructure, roads, bridges, are under construction or opened. This Web developing will densify a logistics network for exchanges and facilitate movement. The evolution schema can duplicate for energy, vital tool.

In a few months, the bases for an increase in electricity generation were raised. Lom Pangar, Memve'ele , Marshall, the list of dams for hydroelectricity in construction stretched quickly. AMB confirms this by announcing the possibility that Cameroon will become net electricity exporter in five years!

Upward dynamics of Cameroon's economy is real and is also seen in telecommunications with 3G; the promotion of smaller more efficient private agricultural units; etc.