Cameroon Businessforecast Industry Forecast

The Cameroon Business Forecast Report provides essential macroeconomic, political and financial analysis for companies doing business in Cameroon. The Cameroon Business Forecast Report helps businesses with Cameroonian market assessment, strategic planning and decision making to promote growth and profitability in Cameroon and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Cameroon's political, economic and financial prospects through end-2012, just published by award-winning forecasters, Business Monitor International.

 

 

 

Key Uses of the Cameroon Business Forecast Report | Cameroon's Political Outlook | Cameroon's Economic Outlook | Cameroon's Business Environment | Key Cameroon Industry Sectors | Cameroon BMI's Executive Summary | Our Africa Subscribers | Full Range of BMI's Business Forecast Reports

Key Uses for the Cameroon Business Forecast Report

  • Forecast the pace and stability of Cameroon's economic and industry growth through end-2012
  • Identify and evaluate adverse political and economic trends in Cameroon, to facilitate risk mitigation strategies
  • Assess critical shortcomings of Cameroon's business environment that pose hidden barriers and costs to corporate profitability
  • Contextualise Cameroon's country risks against Africa regional peers using BMI's country comparative risk ratings system
  • Target business opportunities in Cameroon's high-growth industry sectors
  • Evaluate external threats to doing business in Cameroon, including currency volatility, the commodity price boom and protectionist policies

The Cameroon Business Forecast Report by Business Monitor International includes four major sections: Cameroon's Political Outlook, Cameroon's Economic Outlook, Cameroon's Business Environment and Cameroon's Key Industry Sectors.

Cameroon's Political Outlook:

What are the political risks to doing business in Cameroon over the next 5 years?

BMI's Cameroon Country Risk Ratings evaluate the short and medium-term threats posed by government instability, adverse economic policy-making, deterioration in the business environment and external shocks.

Cameroon Political Outlook Contents

  • SWOT Analysis for the Cameroonian Market
    Political Strengths, Weaknesses, Opportunities and Threats facing Cameroon.
  • Political Stability and Risk Assessment for Cameroon
    BMI's Risk Ratings assess explicit short and long-term risks to political stability; latest ratings, rankings and trends for Cameroon's risk are compared with Africa regional and global averages.
  • Current Administration and Policy-making in Cameroon
    BMI profiles key policy-makers and power-brokers in the Cameroonian government, assessing threats to the continuity of Cameroonian economic policy, and likely changes to the business operating environment through end-2012.
  • Cameroonian Foreign Policy
    BMI examines key trends and shifts in Cameroon's foreign relations and alignments with Africa neighbours, the United States and Europe, focusing on external influences.

Key Benefits

  1. Benchmark Cameroon's risk profile against its neighbours, the global and regional average, allowing easy comparison of risks between key business markets.
  2. Identify, evaluate and anticipate political and security risks to the business environment in Cameroon, and to your company's current operations and future plans.
  3. Gain valuable insights into the Cameroonian government and policy-making, through BMI's specialist team of analysts and economists, and their exclusive network of private and public sector sources.

Cameroon's Economic Outlook:

How will Cameroonian economic policy-making and performance impact corporate profitability over 2008-12?

BMI provides fully independent 5-year forecasts for Cameroon through end-2012 for more than 35 macroeconomic variables. We evaluate Cameroonian growth, and also forecast the impact of economic management, including central bank policy, on profitability.

Cameroon Economic Outlook Contents

The Cameroon Business Forecast Report features explicit BMI economic forecasts for Cameroon, with supporting commentary and analysis, for end-2008, 2009, 2010, 2011 and 2012 set against Cameroonian government views. Underpinning our Cameroon forecasts are key assumptions for the global economy through end-2012, covering growth, inflation, employment, trade and investment, interest and exchange rates in the US, Japan and the Euro-zone.

Coverage of Key Economic Issues in Cameroon

  • Economic Activity in Cameroon
    Real GDP growth; industrial growth; employment growth; inflation and consumer prices; consumption (indicative wages, retail sales, consumer confidence)
  • Fiscal Policy in Cameroon
    Current macroeconomic strategy and implementation policies; government finance (revenue, expenditure, budget balance); tax reforms
  • Monetary Policy in Cameroon
    Interest rate trends (bank lending and deposit rates); inflation (retail price inflation, consumer price inflation); exchange rate policy in Cameroon; Cameroonian currency controls; influence of foreign direct investment inflows; exchange rates and foreign exchange reserves
  • Balance of Payments in Cameroon
    Merchandise trade (exports, imports, trade balance); current account balance
  • Foreign Direct Investment in Cameroon
    Foreign direct investment approvals and inflows; the foreign investment climate
  • Cameroonian External Debt
    Debt profile (short- and long-term debt; public and private sector exposure)

Key Benefits

  1. Rely upon BMI's 100% independent Forecast Scenarios for Cameroon and underlying assumptions - we take no advertising and are privately-owned.
  2. Exploit the benefits of BMI's comprehensive and reliable macroeconomic Cameroon database, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
  3. Gain key insights into the current and future direction of Cameroonian government economic policy

Cameroon's Business Environment:

How internationally competitive is Cameroon's regulatory environment, and what changes can be expected?

BMI assesses levels of transparency, flexibility of labour market, tax burden, development of the banking sector and credit availability, infrastructure and IT, foreign investment regime and trade liberalisation in Cameroon.

Cameroon Business Environment Contents

  • Cameroon's Business Environment Risk Rating with SWOT Analysis
    Short and long-term business environment risk ratings for Cameroon, benchmarked against ratings for Africa and neighbouring countries.
  • Country Competitiveness for Cameroon
    Competitiveness of Cameroon's business operating environment in supporting corporate growth and profitability over the 5-year forecast horizon, compared with regional neighbours.

Coverage of Key Business Environment Issues in Cameroon's Domestic Environment

Transparency, cronyism and corruption; labour market flexibility; corporate tax burden; interest rate levels; access of private sector to lines of credit; sophistication of banking sector and stock market; levels of business confidence; infrastructure and IT

  • Foreign Direct Investment in Cameroon
    Analysis of foreign investment regime, foreign ownership laws; attractiveness of business environment to foreign investors; review of major foreign direct investments over the last 24 months, and of strategic sectors attracting most interest
  • Foreign Trade with Cameroon
    Analysis of trading environment, government trade policy, liberalisation measures, tariffs and membership of trade areas

Cameroon's Key Industry Sectors

Which industry sectors in Cameroon will grow fastest, and where are the major investment opportunities in the Cameroonian market?

BMI targets investment opportunities in Cameroon's high growth industries, including automotives, food and drink, infrastructure, oil and gas, pharmaceuticals and healthcare, telecommunications and IT.

Coverage of Cameroon's Key Industry Sectors - Cameroonian Market Overview

Size, value and structure of industry; impact of liberalisation and privatisation on sector performance and prospects; friendliness of business environment

  • Latest Developments in Cameroon
    Review of latest projects, deals, privatisations, mergers and acquisitions, and implications for sector performance; company rankings for national and multinational companies in Cameroon; main industry players by local sales, employee size, market share and main brands, products and services
  • 5-year Industry Forecast for Cameroon
    Historic dataset (2003-2007) and BMI forecasts through end-2012, covering headline industry data broken out by sub sector

Key Benefits

  1. Target strategic sector-by-sector opportunities in Cameroon's high growth industries, attracting public expenditure and foreign investment; identify key players and competitors driving growth, investment and business opportunities.
  2. Benefit from competitive intelligence on top national and multinational companies operating in Cameroon's major industry sectors, including analysis of recent trends in sales and market share, company strategies, product launches and latest deals.

Who buys the Africa Business Forecast Reports?

The Cameroon Business Forecast Report is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in Cameroon.

Our Business Forecast Reports are relied upon by corporates, banks, government departments and multinational organisations around the world.

Business Monitor International's Business Forecast Report subscribers include:

3M, Abbott Laboratories, Accenture, Access Bank Plc, ADNEC, American Express (Middle East) BSC, Arab Swiss Engineering Co ASEC Group, Astra Zeneca, Bahrain Petroleum Company, BNP Paribas, British American Tobacco SA (pty) Ltd, Crown Industries, Ernst & Young, GE International Inc, Gulf Holding Company, Hyder Consulting, Impact/BBDO, Intercontinental Bank Plc, Kellogg, Mobinil, PricewaterhouseCoopers, Samsung Engineering & Construction, Telkom Wholesale Services, Tesco Corporation, Tetra Pak Egypt Ltd, Visa International 

 

" The most useful section of BMI's report for my business is the Economic Outlook, which contains specific details of strengths, weaknesses, opportunities and threats to my business from within the country. This helps me, when planning for the future to reach the widest market and also gives me the edge in order to overtake my competitors. "
Chairman, Bavarian Auto Trading. BMW Egypt, Egypt.

BMI's Executive Summary for Cameroon

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Government's Tight Grip On Power To Foster Stability

Although February's political violence has been followed by a cacophony of voices predicting a fall into conflict and chaos in Cameroon, the current regime's powerbase has firm enough foundations to maintain its rule for some time yet. The speed with which order was restored (and offenders processed) underlines how firm a grip the state apparatus retains over security in the country, even if concerns about the alleged arbitrary nature of the crackdown will have generated fresh resentments. Unlike the precarious authority of many regimes in the region, Cameroon's President Biya has presided over a long period of loyalty from the army and security forces, sustaining him in power for a quarter of a century. Meanwhile, we expect real GDP growth to rise from a downwardly- revised 2.7% in 2007 to 4.6% in 2008 and 5.6% in 2009, due to an expected improvement in the non-oil sector, with real output in the oil sector undergoing a temporary decline before rising again later in the forecast period.

Rebel and militia targeting of oil installations in neighbouring countries poses an encroaching risk to Cameroon's own oil industry. In March 2008, rebels in Chad threatened to target the Doba oilfields in southern Chad, which sit just to the north of Cameroon's own Logone Birni Basin. In a context where militancy in the Niger Delta has at times reduced oil output by over 20% in Nigeria, there is a risk of such activity spreading to Cameroon. To counter this risk, Cameroon's government will need to improve the socio-economic conditions for people living in oil-producing areas. Recent unbudgeted customs duty suspensions will dent Cameroon's fiscal performance, despite continued strong oil prices. We predict that the budget surplus is likely to fall below 3.0% of GDP in 2008, compared to an earlier prediction of over 5.0% of GDP. Our core scenario works on the premise that the current customs suspensions remain in place until the end of September 2 008. We calculate that a continuation of the suspensions until the end of 2008 would reduce the fiscal surplus to 0.5% of GDP. In the event that the suspensions remain in place throughout the whole of 2009, our current expected surplus of 2.6% of GDP for that year would become a deficit of over 1.5% of GDP.

The tax burden is high, with an overall corporate tax rate of 38.5%. According to the World Bank's Doing Business 2008' report, the total tax rate (as a percentage of profit) sits at a cumbersome 51.9%. The IMF underlines that the high tax rates – particularly for VAT – means that the authorities should focus on broadening the tax base through reducing exemptions and improving tax incidence in the informal sector. Foreign companies complain about burdensome tax audits and government efforts designed to force companies to compromise on tax assessments, including blocking company bank accounts for temporary periods.

Read about our other Business Forecast Reports  

Asia

Australia, Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam

Europe

Bosnia & Herzegovina, Bulgaria, Caucasus, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Kazakhstan & Central Asia, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine

Middle East

Bahrain, Iran, Iraq, Israel, Jordan, Lebanon & Syria, Kuwait, Oman & Yemen, Qatar, Saudi Arabia, UAE

Africa

Angola, Botswana, Cameroon, Cote d'Ivoire, Egypt, Ethiopia, Francophone West Africa, Ghana, Kenya, Mozambique, Namibia, Nigeria, North Africa, South Africa, Sudan, Tanzania, Uganda, Zambia, Zimbabwe

North & South America

Argentina, Brazil, Chile, Colombia, East Caribbean, Mexico, Peru, Trinidad & Tobago, Venezuela, West Caribbean

 

Business Monitor International

Business Monitor International
A Market Leader in Country Risk, Industry Intelligence and Company Research

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BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.

Country Risk Analysis and Forecasts
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has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets.

Industry Intelligence and Market Research
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Company Research
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