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Cameroon

The original report was published in The Independent on Monday, November 7, 2011
President Paul Biya and UK ´Minister for Africa´, Henry Billingham, met in July to discuss a wide range of issues
“Cameroon is a Commonwealth country, and we believe in the same values: values like democracy, good governance and human rights” Henry Bellingham, UK ‘Minister for Africa’
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Essimi Menye, Minister of Finance
Grand Projects  will create an extensive infrastructural backbone
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The port city of Douala serves as a transshipment hub for the region and a trade portal for landlocked neighbours
From north to south, the country has broken ground at key energy, road, ports, telecoms and water supply projects
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Rich and varied mineral deposits have piqued interest around the globe

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Louis-Paul Motaze, Minister of Economy, Planning and Regional Development
Minister of Economy, Planning and Regional Development Louis-Paul Motaze believes “it is an incontestable fact that foreign direct investment (FDI) is critical for our economy as it enters a new phase of modernisation.”

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433 Kilometres for the Cameroon-Nigeria Highway.
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The Lom Pangar Hydropower Project (LPHP) is a priority project in the Government of Cameroon’s development strategy to improve access to reliable low-cost hydropower supply for growth and poverty reduction
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A new generation of power plants along the Sanaga River will harness indigenous resources
Hydroelectric power provides 95 per cent of Cameroon’s energy output and a 216 MW powerplant at Kribi is the country’s first foray into gas-fired technology

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Public-private alliances are being pushed to power the nation’s ongoing development
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According to Clobert Tchatat, Minister of Urban Development and Housing, Cameroon “is greatly diversified in the composition of its population, religions, languages
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A microcosm of landscapes, flora and fauna, Cameroon is often referred to as ‘Africa in miniature’
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Business and government move forward together
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Hydromine and the government of Cameroon are working in tandem – for mutually beneficial results
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Exploitation of Camreroonian oil resources has yet to be fully maximised
Oil profits continue to flow from Cameroon
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Many African women – both in Africa and in the rest of the world – choose to dress in traditional garb, characterised by lively and colourful cotton prints
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The ONCC (National Board of Cocoa and Coffee) was created in 1991 to foster an environment in which the cocoa and coffee industries could do business with limited government intervention
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Makossa Bananas are set to compete with other top brands in the UK and Europe
Makossa is not only Cameroon’s  music and dance style, but is now a new star brand of bananas
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Exchange visits with a network of allied countries are opening more foreign eyes to the nation’s potential
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Electricity, Roads, Energy and Health
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Rio Tinto Alcan (RIO.L) has partnered Cameroon’s Government in Alucam for a project slated to include a one million tonne aluminium smelter at Kribi
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Economic vision with depth of field has put the country on a good footing as it moves towards its goal of becoming an emerging market by 2035
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Millions being spent to improve infrastructure and quality of life
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International collaborations are helping with the target to double paved roads by 2015
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Lom Pangar Hydropower Project is critial to ensuring power supply
As well as producing electricity, the Lom Pangar Dam will provide other great benefits
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Memve’Ele, Nachtigal, Bini a Warak and Song-Mbenge
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Unity, history and astute leadership have created a stable nation that fosters a harmonious diversity
The Government is setting out to prepare cities and towns for future growth
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As part of the Cameroon Government’s far-reaching programme of reforms
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Although Cameroon’s Ministry of Environment was created just seven years ago, the Government has long put great emphasis on environmental issues, participating in international conferences and ratifying conventions
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The Douala Stock Exchange (DSX) was created in December 2001 as the official market for securities in Cameroon
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Cameroon’s oil  and gas industries can generate a healthy return for investors
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Along with petroleum, aluminium and lumber, industries such as dairy products and cotton contribute to a diverse economy
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Cameroon needs to exploit the varied climatic conditions which give the country a huge advantage in farming

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Agriculture is still Cameroon’s main industry and source of livelihood
The interests and ambitions of the Cameroon Development Corporation reflect those of the country as a whole
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World Report

LOCATION:   
Western Africa, bordering the Bight of Biafra, between Equatorial Guinea and Nigeria

AREA:   
total: 475,440 sq km
country comparison to the world: 54
land: 472,710 sq km
water: 2,730 sq km

AREA - comparative:   
slightly larger than California

CLIMATE:   
varies with terrain, from tropical along coast to semiarid and hot in north

NATURAL RESOURCES:   
petroleum, bauxite, iron ore, timber, hydropower

RELIGIONS:   
indigenous beliefs 40%, Christian 40%, Muslim 20%

LANGUAGES:   
24 major African language groups, English (official), French (official)

POPULATION:   
19,711,291 (July 2011 est.)
 
POPULATION GROWTH RATE:   
2.121% (2011 est.)
 
GOVERNMENT TYPE:   
republic; multiparty presidential regime

CAPITAL:   
name: Yaounde
 
INDEPENDENCE:   
1 January 1960 (from French-administered UN trusteeship)

AGRICULTURE - products:   
coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber

INDUSTRIES:   
petroleum production and refining, aluminum production, food processing, light consumer goods, textiles, lumber, ship repair

EXPORTS:   
$4.495 billion (2010 est.)
country comparison to the world: 113
$4.079 billion (2009 est.)

IMPORTS:   
$4.975 billion (2010 est.)
country comparison to the world: 115
$4.405 billion (2009 est.)