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Cameroon

EDC Position-restricted select programs

EDC's Position

  • Targeted approach to business
  • Open on a restricted basis under select programs

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Country At A Glance

Flag of Cameroon
Map of Cameroon

Country Facts

Nominal GDP28.17 Billion USD
Population23.34 Million
Total Trade/GDP55.73%
CurrencyCommunate Financiere Africaine Franc (XAF)
Merchandise Imports from Canada72.91 Million CAD
Main importsMineral Products, Fuels, Semi-Finished Goods

EDC in Cameroon

Canadian companies assisted6
International buyers insured2
Business volume4.24 Million CAD

Business Environment

Cameroon has experienced economic growth in recent years, mainly due to the country's relative diversified economy and political stability. Cameroon has modest oil and gas resources, and significant potential in the power and mining resources. The country is a member of the Economic and Monetary Community of Central Africa which is a positive factor reducing currency volatility. Cameroon is a good partner for Canada in Central Africa. We see  good export and investment opportunities across a wide range of sectors that match Canadian capabilities.

Key Industries

  • Construction & Infrastructure
  • Mining & Metals
  • Oil and Gas
  • Power

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Cameroon.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.

 

Related Information

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