Cameroon has become one of the fastest-growing destinations for foreign investment in Central Africa, attracting nearly $925 million in foreign direct investment (FDI) in 2024, an increase of 15.7% compared to 2023. This surge highlights growing confidence among international investors in the Cameroonian economy.
Strong Inflows Driven by Infrastructure and Strategic Investments
The majority of Cameroon’s foreign investment comes from China, which has historically contributed to large-scale infrastructure projects such as road networks, bridges, and energy facilities. These investments are fueling growth in the construction, transport, and energy sectors, providing both jobs and long-term economic benefits.
UNCTAD reports that FDI inflows climbed from $799 million in 2023 to $925 million in 2024, signaling renewed interest in Cameroon’s market opportunities and strategic position in Central Africa.
Inflation Eases Across the Region
Economic stability is improving across the Central African Economic and Monetary Community (CEMAC). According to the Bank of Central African States, inflation is projected to slow to 2.6% in 2025, staying below the 3% regional target. Lower inflation helps businesses plan more effectively, stabilizes consumer prices, and increases confidence for both local and foreign investors.
Growing Sectors Offer Opportunities for Investors
Cameroon’s manufacturing, agribusiness, and service sectors are seeing steady growth. Agricultural exports, including cocoa, coffee, and palm oil, continue to attract international buyers. Manufacturing and industrial zones in Douala and Yaoundé are expanding, creating opportunities for foreign companies seeking to tap into a growing consumer base.
Challenges Remains
Despite the positive trends, analysts caution that challenges persist. Household incomes remain relatively stagnant, and regional economic uncertainties could affect the stability of investment flows. External financing pressures and currency fluctuations within CEMAC economies are additional risks for investors.
Outlook for Business and Investment
Cameroon’s combination of strategic location, expanding markets, and infrastructure development makes it a top choice for foreign investors looking for opportunities in Central Africa. If the government continues to strengthen economic policies, diversify the economy, and ensure financial transparency, the country could see sustained growth over the coming years.
Business leaders and investors are closely monitoring these trends, as the balance of strong FDI inflows and regional inflation control positions Cameroon as a potential hub for long-term business expansion in Central Africa.