Cameroon: Institutional stability and economic attractiveness, President Paul Biya’s long-term vision
Amid global instability, Cameroon has maintained a consistent economic course focused on institutional stability and policy predictability. Since 2018, this approach has preserved the country’s attractiveness and investor confidence despite external shocks.
This strategy has yielded tangible results, with Cameroon attracting 529 billion CFA francs in Foreign Direct Investment (FDI) in 2024, reinforcing its position as one of Central Africa’s most appealing economies.
This performance stems from a stabilized regulatory framework and sustained economic governance.
Driven by presidential leadership, the government has pragmatically modernized the business environment.
Key initiatives include developing special economic zones, introducing incentives in the 2025 finance law, and implementing targeted support for SMEs—all aiming to make the private sector an engine for inclusive growth and job creation.
Forums like the Cameroon Economic Meetings have fostered responsible dialogue between the state and the productive sector, enhancing the credibility of reforms.
While challenges such as a temporary dip in private investment in 2024 persist, they are viewed as a call to deepen ongoing reforms rather than a setback.
Cameroon’s strengths proven political stability, a long-term vision, and a determined new generation of entrepreneurs underpin a trajectory of consolidation built on continuity, peace, and confidence. This foundation supports the nation’s enduring appeal and affirmed ambition.
Gilbert FOTSO
