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FAST FACTS AFRICA: Cameroon
July 16, 2014 - 16:33 GMT
Cameroon is on the coast of Central Africa bordering the Gulf of Guinea. Its key metal interests are cobalt, nickel, bauxite and iron ore.
The country covers an area of 475,442 sq km, and neighbours
Nigeria, Chad, Central African Republic, Equatorial Guinea,
Gabon, and the Republic of Congo. The population is estimated
to be about 22.5 million, and French and English are the
official languages, but French is more widely understood and
spoken. Cameroon has manufacturing industries, which roughly
account for one-third of its GDP. GDP growth forecast
Cameroon’s GDP growth is for the moment driven by
agriculture, oil and gas exports. Its GDP is forecast to grow
to the low 5% range in 2014 and 2015, according to the African
Economic Outlook report, from 4.9% in 2013 and 4.4% in 2012.
The country has an average inflation rate of about 2%...
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