logoBC
Yaoundé - 26 September 2023 -
Economy

Cameroon: Timber production dropped 20% in 2018-2020 due to the Anglophone crisis

Cameroon: Timber production dropped 20% in 2018-2020 due to the Anglophone crisis
  • Comments   -   Wednesday, 02 February 2022 11:25

(Business in Cameroon) - Cameroon's timber production dropped by 20% between 2018 and 2020, according to an economic note recently published by the French Ministry of Economy. "In Cameroon, production has been declining since 2018. It amounts to 2.4 million metric cubes in 2021 against 3 million in 2018," reads the document.

This decline is due to the security crisis in the Anglophone regions (South-West and North-West), the note explains. Indeed, confronted with threats to their employees, abductions and ransom demands, vandalism, and racketeering, many companies - forest operators included- had to relocate their operations in those two regions or simply close doors. 

To boost timber production, the Cameroonian government recently decided to support logging companies operating in the Anglophone regions by dedicating nearly 300,000 hectares of forest concessions (in the East and the Centre) to them. 

S.A.

cameroon-edf-create-joint-venture-to-pilot-the-kikot-dam-project
Cameroon is holding today the constituent general meeting of Kikot Hydro Power Company (KHPC), the joint-venture created in collaboration with its project...
cameroon-plans-to-boost-solar-capacity-to-250mw-by-2030
With an installed capacity of 30.6 MW, Cameroon has joined South Africa, Egypt, Morocco, Algeria, Senegal, Namibia, Tunisia, and Uganda on the list of...
agnes-ndoumbe-mandeng-faces-10-year-ban
Agnès Ndoumbé Mandeng, the current CEO of the Cameroonian Bank for SMEs (BC-PME) is condemned to stay out of the banking and microfinance sector for 10...
quality-agency-anor-calls-attention-to-the-ban-on-potassium-bromate-in-bread-production
Charles Booto à Ngon, head of the Standards and Quality Agency (Anor), issued a memo on September 19 reminding bakers of the ban on using potassium...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »