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Yaoundé - 19 November 2017 -
Industry

Cameroon: Festive season to stimulate the sector of industry during Q4 2017 - BEAC

Cameroon: Festive season to stimulate the sector of industry during Q4 2017 - BEAC
  • Comments   -   Friday, 10 November 2017 15:05

(Business in Cameroon) - The Bank of Central African States (Banque des Etats de l’Afrique centrale -Beac) think that there will be an improvement in Cameroon’s industrial sector during the fourth quarter of 2017.

According to an analytical note published by the bank, the improvements, which will be spurred by a high market demand generally observed during the festive season (Christmas and new year), will be more noticeable in the food sector mainly in the beers, soft drinks and cooking oils segments.   

The bank explained that the cement sector will also grow as construction will restart, during the upcoming dry season which will start in the second half of November. BEAC also said that the dry season will facilitate products’ distribution especially in areas hardly accessible during the rainy season. 

Brice R. Mbodiam

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