logoBC
Yaoundé - 08 December 2019 -
Trade

Cameroon: XAF126.4bln spent on second-hand outfit imports between 2015 and 2017, with a XAF43.8bln peak in 2015

Cameroon: XAF126.4bln spent on second-hand outfit imports between 2015 and 2017, with a XAF43.8bln peak in 2015
  • Comments   -   Tuesday, 05 February 2019 16:29

(Business in Cameroon) - Over the period from 2015 to 2017, the Cameroonian retailers disbursed a total of XAF126.4 billion to purchase second-hand clothes from Europe, the trade minister announced.

In detail, these imports reached a peak amount of XAF43.8 billion in 2015, before declining to XAF42 billion in 2016 and XAF40.5 billion in 2017.

The apparel sector, let’s note, is largely dominated by second-hand outfits from China. Local operators of cotton-textile-clothing industry control only barely 1% of the market, according to officials.

BRM

cameroon-new-issuance-of-fungible-treasury-bills-on-beac-market
On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
cameroon-35-of-gas-stations-are-located-in-rural-areas-ministry-of-energy
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
cameroon-increased-daily-drinking-water-production-by-96-376-m3-between-2018-and-2019
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
cameroon-safacam-plans-to-invest-xaf3-5-bln-to-extend-its-oil-palm-and-hevea-plantations-in-dizangue
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés