THE COUNTRY

Cameroon, "Africa in miniature"

A crossroads between West and Central Africa, Cameroon combines geographic diversity, a young population and the leading economy of the CEMAC zone.

🌍 Geography & strategic position

Area475,442 km²
CapitalYaoundé (political) — Douala (economic)
BordersNigeria, Chad, Central African Rep., Congo, Gabon, Equatorial Guinea
CoastlineGulf of Guinea — 402 km of coast
Official languagesFrench and English — over 200 local languages
Regional blocsCEMAC / ECCAS

👥 Population & demographics

Total population≈ 27.5 million people
Population growth≈ 2.6 % per year
Median age≈ 18 years
Urban population≈ 58 % (rapid growth)
Literacy rate≈ 77 %
Main citiesDouala (≈ 4.5M), Yaoundé (≈ 4M), Bafoussam, Garoua, Maroua

📊 Economy

Nominal GDP≈ USD 47 billion — 1st economy in CEMAC
GDP per capita≈ USD 1,700
GDP growth≈ 4.2 %
Inflation≈ 5.5 % (BEAC data)
Main sectorsServices 50 %, Industry 28 %, Agriculture 22 %
Key exportsOil, cocoa, coffee, timber, cotton, aluminium
Trade partnersFrance, China, Netherlands, Belgium, Spain

A stable currency, pegged to the euro

Cameroon uses the CFA franc (XAF), pegged to the euro at a fixed rate of 1 € = 655.957 XAF. This monetary stability, guaranteed by the BEAC, removes exchange-rate risk for European investors.