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Cameroon has received  $ 5769.8 million of foreign direct investment to Africa in the last 26 years

According to information published by the  United Nations Conference on Commerce and Development (UNCCD) last  June 7 2017,  from 1990 to 2016, Cameroon has received in 26 years 5769.8 million dollars. This  amount corresponds to 1% of the total foreign direct investment to Africa (FDI).

The total sum of FDI to the continent stands at 917713.9 million dollars.

It is also noted that, in 2016, the FDI to Cameroon witnessed a drop from 627.4 million dollars in 2015 to 128.2 million dollars in 2016 corresponding to a fall by 79%.

As compared to other countries in the CEMAC sub region, mr Biya's kingdom is ranked 4th and Congo is first on the chart of countries that receive the FDI.

Looking at  Cameroon's foreign direct investment, the 2017 report of the UNCCD,situates it at 491 million dollars in 26 year after thorough studies.

Cameroon's economy in particular and the world at large  have witnessed numerous ups and downs due to the various economic crisis which has plagued the whole planet  in recent times.

Concord Newsdesk

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .



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