logoBC
Yaoundé - 25 May 2020 -
Public management

Cameroon: The UNDP suggests the privatization of the CCIMA and the CAEFC

Cameroon: The UNDP suggests the privatization of the CCIMA and the CAEFC
  • Comments   -   Friday, 24 April 2020 09:11

(Business in Cameroon) - In Q1-2020, a Development Financing Assessment (DFA) published by the UNDP questioned the effectiveness of some representative bodies in Cameroon.

These bodies include the Chamber of Commerce, Industry, Mines and Handicrafts of Cameroon (Ccima), and the Chamber of Agriculture, Livestock, and Forestry of Cameroon (Caefc). Their main mission is to act as a channel of communication between the private business community and public authorities in their respective areas of competence. However, according to the UNDP, their "scope and audience” are still limited because economic operators do not consider them as joint structures since they are public bodies. Also, the assessment reveals, other business groupings, like the GICAM (created in 1957) seem to have been fulfilling the missions of the Ccima and the Caefc.

The assessment, therefore, recommends a real transformation of these representative bodies so that they can be recognized as joint structures by economic operators. To this end, says UNDP, "consultations should be opened to evaluate the costs and benefits of a change of the status of these public bodies to private bodies.

S.A.

medicis-sarl-to-invest-about-xaf6-bln-in-the-construction-of-a-haemodialysis-centre-in-cameroon
Medicis Sarl plans to invest XAF5.7 billion for the construction of a haemodialysis centre in Cameroon. To encourage and facilitate the realization of...
electronic-tolls-cameroon-finally-signs-a-construction-contract-with-razel-bec-egis-project-consortium
On 18 May 2020, the Cameroonian government finally signed a contract for the construction of the country's first 14 electronic toll booths with the...
no-microfinance-institution-operating-in-cameroon-published-their-tariff-conditions-in-h1-2019-as-the-regulation-requires-beac-study
The Bank of Central African States (Beac) recently published a study titled: “Publication des conditions tarifaires par les banques au Cameroun :...
cameroon-transit-fees-collected-on-chad-cameroon-pipeline-surged-by-24-32-to-xaf36-59-bln-in-2019-snh
In 2019, Cameroon generated XAF36.59 billion (+24.32%) of transit revenues on the Chad-Cameroon pipeline, according to figures recently published by the...

Mags frontpage


Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration


«Central Africa is facing enormous challenges» - AfDB


Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration


« L’Afrique centrale est confrontée à d’énormes défis » (BAD)