Cameroon Business Directory & List of Companies

Capital City and 5 Largest Cities in Cameroon

Yaoundé

Douala

Bamenda

Bafoussam

Garoua

Cameroon on map of Africa

Economy of Cameroon

1. Gross Domestic Product (GDP): In 2020, Cameroon's GDP was approximately 38.48 billion USD.
2. GDP per Capita: The GDP per capita in Cameroon was estimated to be around 1,500 USD in 2020. This figure represents the average income per person in the country.
3. Inflation Rate: In 2020, Cameroon's inflation rate was around 2.5%.
4. Unemployment Rate: The unemployment rate in Cameroon varies, but it was estimated to be around 4.4% in 2020.
5. Major Industries: Cameroon's economy is diverse and includes industries such as agriculture (cocoa, coffee, oilseeds), oil and gas, mining (bauxite, iron ore, gold), manufacturing, and services.
6. Exports: Cameroon exports commodities such as oil and petroleum products, cocoa, coffee, timber, and aluminum. Oil exports are a significant source of revenue for the country.
7. Imports: The country imports various goods, including machinery, vehicles, electrical equipment, and food products.
8. Foreign Aid: Cameroon receives foreign aid from various countries and international organizations to support its development programs and address challenges such as poverty and infrastructure development.
9. Currency: The currency of Cameroon is the Central African CFA franc (XAF), which is pegged to the euro.

Five Largest Companies in Cameroon

1. Afriland First Bank: Afriland First Bank is one of the major banking institutions in Cameroon, offering a range of financial services.
2. MTN Cameroon: MTN is a well-known telecommunications company providing mobile and internet services in Cameroon.
3. Orange Cameroon: Orange is another major telecommunications company offering mobile and internet services in the country.
4. Société Nationale des Hydrocarbures (SNH): SNH is the state-owned company responsible for the exploration, production, and marketing of petroleum and natural gas in Cameroon.
5. Cameroon Telecommunications (CAMTEL): CAMTEL is the state-owned telecommunications company in Cameroon, providing a variety of communication services, including fixed-line telephony and internet services.

Five Largest Banks in Cameroon

1. Afriland First Bank: Afriland First Bank is one of the largest and most prominent banks in Cameroon, offering a wide range of financial services.
2. Société Générale de Banques au Cameroun (SGBC): Société Générale is a well-known international banking group with a significant presence in Cameroon.
3. Ecobank Cameroon: Ecobank is a pan-African banking group with a strong presence in Cameroon, providing various banking and financial services.
4. Standard Chartered Bank Cameroon: Standard Chartered Bank operates in Cameroon and offers a range of banking and financial products.
5. United Bank for Africa (UBA) Cameroon: UBA is a Nigerian-based bank with operations in Cameroon, providing banking services to individuals and businesses.