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Article: Cameroon: power of diversity.(SPECIAL REPORT)(Company overview)
- Article from:
- African Business
- Article date:
- March 1, 2007
CopyrightCOPYRIGHT 2007 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The economy
Cameroon, which is often described as 'Africa in miniature' has a very wide diversity of physical forms, flora and fauna. The landscape varies from dense tropical forest, through savannah type grasslands and semi-desert in the north. It is centrally located in West Africa and borders on Central Africa. It has a 200km coastline, important for fisheries, tourism and as an outlet for its neighbouring landlocked countries.
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Until the discovery and production of oil in 1978, agriculture was the mainstay of the economy, accounting for 32% of GDP in the late 1970s. With oil quickly ...