Business For Sale Cameroon | Business For Sale Listings
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Things to Know About the Business for Takeover Cameroon
Cameroon is a country in Central and West Africa landlocked by Nigeria, Chad, Central African Republic, Equatorial Guinea, Gabon and The Republic of Congo. The capital is Yaounde. Cameroon is also known as African Miniature because it features almost everything that Africa has to offer. The country has French and English People, Christian and Muslim Religion, Mountains, Desert Plains, High Plateau, and Rain Forest. Mount Cameroon in the country is the highest point in Sub-Saharan Western and Central Africa. Doing Business in Cameroon is great, especially on infrastructure and exploitation of gas.
Some of the strong points Cameroon includes political stability, low cost of labor, an abundance of natural resources, diverse export economy, monetary stability, and modernization thru infrastructure. The government of Cameroon implemented programs to attract more investors like simplification of business procedures, an increase of energy supplies, and improvement of judicial decisions. In Cameroon, foreign nationals can have 100% ownership of their business provided they have undergone the right processes.
Like any other countries in the world, Cameroon also shares its challenges. First, Cameroon is ranked 163rd in the world out of 190 to have a complicated business environment. Second, private business sectors impose high tax burden. Third and lastly, corruption in Cameroon is high.
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