In the new National Development Strategy 2020-2030 (NDS30), Cameroon’s government expressed its desire to change the structure of the country’s economy in terms of value-added and employment. By defining the objective of increasing manufacturing production to 25% of GDP by 2030, the government has set itself the goal of shifting the production system from the primary sector (raw material exported) to a manufacturing sector, with high added value and massive job creation for all.
At the same time, the economy’s structural transformation depends on several factors. For instance, the government should take measures to increase the productivity of family farms in rural areas and strengthen the dynamics of the industrial sector, as well as develop production infrastructure. To achieve this, it plans to develop industries and services to facilitate Cameroon’s overall economic integration and accelerate imports/substitutions.
- Ministry of Small and Medium-sized Enterprises, Social Economy and Handicrafts (MINPMEESA)
- Ministry of Scientific Research and Innovation (MINRESI)
- Ministry of Youth Affairs and Civic Education (MINJEC)
- Ministry of Women’s Empowerment and the Family (MINPROFF)
- Ministry of Higher Education (MINESUP)
- Ministry of Commerce (MINCOMMERCE).
- Ministry of Labour and Social Security (MINTSS)
- Ministry of Employment and Vocational Training (MINEFOF)
- Ministry of Agriculture and Rural Development (MINADER)
- Investment Promotion Agency (API)
- Agency for the Promotion of SMEs (APME)
The objective of this forum is to discuss with the different actors of the Cameroonian entrepreneurial ecosystem the levers to be implemented in the short term, to have a critical mass of enterprises "national champions" representing flagships or leaders in the key sectors of the Cameroonian economy
Stakeholders are convinced of the need to significantly reduce the costs associated with business creation and development, particularly for women- and youth-led enterprises, to speed structural transformation and inclusive development in Cameroon.