CMR witnesses 342 billion direct foreign investments

The direct foreign investments in Cameroon in 2013 stood at 342.2 billion francs CFA against 413 billion francs CFA the previous year, that is to say a 65 billion francs CFA reduction according to figures' revealed by the national technical Committee for the balance of payments in Cameroon.

According to a classification by category, the first country provider of direct foreign investments in Cameroon in 2013 is France with nearly 123 billion francs CFA, against 62.9 billion francs CFA for the United States and 6.6 billion francs CFA for Nigeria.

The other sectors having profited from the financings of the direct foreign investments are inter alia, trade with 53 billion francs CFA, telecommunications with 10 billion francs CFA, transport 3.5 billion FCFA.

In addition, oil industry profited from 69.7 billion francs CFA direct foreign investments, against 42.6 billion francs CFA for the industrial sector except oil.

In 2013, the agricultural sector could garner only 4.1 billion francs CFA, against 59.9 billion francs CFA in 2012.