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African Development Bank Launches 2025 Country Report on Cameroon

Strategic Insights

— 1 min read

The African Development Bank Group (AfDB) launched its 2025 Country Report on Cameroon in Yaoundé on July 22, 2025. The report provides an assessment of Cameroon's economic performance and outlook, growth trends, socio-economic challenges, and development progress. The report emphasizes the importance of mobilizing domestic resources, strengthening governance, and improving the business climate to drive inclusive and resilient growth.

Key Takeaways:

  • The report highlights Cameroon's economic challenges, including the need to mobilize domestic resources, strengthen governance, and improve the business climate.
  • The report estimates Cameroon's economic growth at 3.6 percent in 2024, driven by continued investment in infrastructure and strong momentum in manufacturing industries.
  • The report identifies sectors where Cameroon can make progress, including mobilizing domestic resources, strengthening governance, improving the business climate, digitalization, and optimizing natural capital potential.
  • Key priority reforms include reducing tax exemptions, accelerating digitalization, restructuring strategic public corporations, and strengthening governance and transparency.
  • The report recommends the adoption of the National Integrated Financing Strategy (SNFI) to diversify funding sources and leverage carbon market opportunities.
  • Other priority reforms include consolidating the financial sector, processing commodities locally, developing regional infrastructure, and preserving macroeconomic balances.

Statistics:

  • Cameroon's economic growth is estimated at 3.6 percent in 2024.
  • The report identifies several key sectors where Cameroon can make progress, including mobilizing domestic resources, strengthening governance, improving the business climate, digitalization, and optimizing natural capital potential.
  • The report recommends reducing tax exemptions, which are estimated to cost the Cameroonian government approximately $1.2 billion annually.
  • The report estimates that accelerating digitalization can increase Cameroon's GDP by up to 2 percent annually.

Sources:

  • "African Development Bank Group (AfDB). Registration of 2025 country report for Cameroon." accessed on 2022-07-22. www.AfDB.org.
  • "African Economic Outlook 2025." accessed on 2022-07-22. www.AfDB.org.

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