Updated: Parts 2,3 and 4 of the Doing Business Guides In Cameroon have also been attached.
Cameroon is the largest economy in the Central African Economic and Monetary Community (CEMAC) owing to its demography (a little over 20 million inhabitants), a surface area of 475 442 KM² , its geographical situation, and its diversified economy (agriculture, oil & gas sectors etc). Moreover, Cameroon enjoys peace and political stability. As a member of the Franc zone, the country benefits from the stability of the currency, CFA Franc (XAF) which is pegged to Euro at a fix rate.
Economic growth is expected to accelerate over the next five years period, from an official estimate of 4.1% in 2011 to an average of 4.5% in 2012-16, as the country is in the implementation process of the first phase of its long term development plan Vision Cameroon 2035.