Statistics show that Cameroon currently has some 922 industries employing 8,800 people and making a business turnover of 3,500 billion F.
Cameroon’s business cartel, GICAM, believes that this number is not significant enough to propel the economy to emergence.
It emerged from a recent debate organized by GICAM in Douala on the theme, “Would emergence be possible without the protection of local industries,” that the capacities of small and medium-sized enterprises need to be upgraded for them to stand the test of time. Rendering operational structures that they have put in place and reinforcing the public-private partnership, GICAM recommended, should not be the least of things to do.
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