F ollowing statistics from the National Institute of Statistics, INS, the overall level of investment in Cameroon rose by 3.5 per cent in the first quarter of 2023. According to the statistics, the performance corresponds to a contribution of 0.7 points to Cameroon’s Gross Domestic Product, GDP, over the period. According to the INS, the local private sector is the main driver of this investment growth. «The dynamism of private investment is reflected in the strong mobilization of investment in buildings and public works (6.2 per cent), the rise in demand for machinery products (3.5 per cent) and furniture (2.4 per cent).» Over the period under review, the INS also notes a less vigorous dynamism in public investment. Although up 3.5 per cent yearon-year, public investment in Cameroon between January and March 2023 contributed just 0.1 points to GDP growth. It is worth of note that INS revealed in a previous publication that inv...
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