Search

Cameroon’s Public Debt Declines But External Exposure Grows

Subscriber only Subscriber only
© Unsplash
  • Public debt down 0.7% to 45.6% of GDP in 2024
  • Foreign borrowing now accounts for over two-thirds of total debt

Cameroon’s outstanding public sector debt stood at 14,237 billion CFA francs ($23.5 billion) at the end of 2024, or 45.6% of GDP — a marginal decrease of 0.7% compared to the previous year, according to a report released Friday by the Autonomous Amortization Fund (CAA), which oversees the country’s debt management.

You need an active subscription to continue reading this article.

Recent Business

Africa map @ Unsplash
Is Africa’s $1.8 trillion debt crisis choking its resource future?
Read More »
A typical African house. Photo by Kristin Wilson @ Unsplash
West Africa mortgage fund posts robust H1 earnings
Read More »
Mining site @ Pexels
Zambia seeks $11.6bn energy push to power mining boom
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is East Africa’s opposition under siege?
Read More »
Dr Mahamudu Bawumia, former vice president is a frontrunner in the opposition NPP flag bearer race. Photo: Courtesy Campaign Office of Bawumia/Facebook
Ghana’s opposition NPP flagbearer race risks ethnic split
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast opposition boycott raises election risks for investors
Read More »

Latest Posts

Latest news insights