Yaoundé - 02 December 2023 -
Public management

Cameroon: Government announces sale of 1,520 social housing in 2017

Cameroon: Government announces sale of 1,520 social housing in 2017
  • Comments   -   Thursday, 15 December 2016 18:29

(Business in Cameroon) - Facing the MPs, the Cameroonian Minister of Urban Development and Housing, Jean Claude Mbwentchou, announced that a lot of 1,520 social housing would be available for sale in the cities of Yaoundé and Douala in 2017.

The accommodations are part of a project to build 10,000 social housing as included in the Strategy for Growth and Employment Document, and launched in 2010. But, the works have faced a lot of delays, due to the insufficiency in financial capacity of the companies who won the markets, who are themselves accusing the State of not promptly disbursing the funds.

As a reminder, the deficit in social housing in Cameroon is estimated to be over 1.2 million units as at 2015. Consequently, access to housing in the country is increasingly expensive. According to industrial engineer Gabin Babagnak, who has been working for years on this issue, Cameroonians use half of their income to pay their rent.


The funds pledged exceed the regional institution's initial target of €8.8 billion to finance infrastructure projects aimed at enhancing regional...
South Korea has pledged CFA8.5 billion to finance the expansion of the Yaoundé Emergency Center (Cury), a reference for emergency medical care in...
Pierre Zumbach, the high counselor attached to the presidency of the Inter-Progress Foundation, the organizing body behind the Yaoundé International...
Last year, Cameroon only covered 0.002% of the global market share, according to the report just released by the Competitiveness Committee, a specialized...

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 »