Cameroon: State-owned firms’ investments dropped by 67.4% YoY in 2019, despite the acute needs

Business in Cameroon | Sep 7, 2021 at 6:35 PM
  • In the 2019 budget year, 44 state-owned companies invested XAF130 billion.
  • Year on year, that volume was down by 67.4% compared with the XAF400 billion they invested in the 2018 budget year.
  • In comparison, in the secondary sector, 61.3% of the productive apparatus is in a dilapidated state while that percentage is 26.5% in the primary sector and 43.8% in the tertiary sector.