Yaoundé - 25 October 2020 -

Cameroon : 2019 Customs revenues exceeded target by 14.3% to XAF971.7 bln

Cameroon : 2019 Customs revenues exceeded target by 14.3% to XAF971.7 bln
  • Comments   -   Thursday, 30 January 2020 15:41

(Business in Cameroon) - In 2019, the Cameroonian customs administration exceeded its revenue collection targets set in the state budget by 14.3%. During the period under review, a total of XAF971.7 billion was collected, against initial forecasts of XAF850 billion.

Year-on-year, this volume of revenue, revealed on January 28, 2020, in Yaoundé, during the celebration of World Customs Day, is up by XAF46.7 billion compared to the XAF925 billion collected during the 2018 fiscal year.

The performance of customs units gives rise to optimism. This is all the more important at this time when the urgency is to maximize non-oil resources to strengthen our economic resilience,” Finance Minister Louis Paul Motaze said.


The Cameroonian subsidiary of the Chinese telecom equipment company Huawei recently concluded the 5th edition of its program "Seeds for the Future," aimed...
The creation of Limited Liability Companies (LLCs) could be further simplified in Cameroon if the country sticks to the priority action plan presented at...
On October 21, 2020, when the second disbursement under the rapid credit facility (aimed at helping countries deal with the coronavirus pandemic) was...
Camair-Co recorded about XAF6 billion of revenue shortfalls in H1-2020, according to an internal document Business in Cameroon had access to. The...

Mags frontpage

Business in Cameroon n92: October 2020

Crowfunding A solution for young entrepreneurs

Serge Esso, rising lobbyist

Investir au Cameroun n102 Octobre 2020

Financement participatif Une solution pour les jeunes entrepreneurs

Serge Esso, le lobbyiste qui monte