Starting up a new business in Cameroon – a country with tremendous potential

Cameroon is a country rich in natural resources, with great cultural diversity and a motivated people, which means it is a country with tremendous potential. At the same time, however, it faces some enormous challenges, such as the need to build effective infrastructure and ensure transparent governance. Deciding whether or not to start up a new business in Cameroon will therefore always be difficult.

Success story

Taking their know-how back home

After living abroad for a time, many Cameroonians are drawn back to their home country, despite – or indeed because of – the scale of the challenges involved. While they want to improve their own prospects, they are also keen to help their country, and to put their newly acquired skills and knowledge to good use where they are urgently needed. However, it is not easy to find a suitable and well-paid job in Cameroon, especially for those who choose to return after spending many years outside the country. For this reason, many returnees think about setting up their own business.

Many people from Cameroon go abroad to complete their education or training. There are currently around 6,000 Cameroonians studying in Germany alone. They make up the largest group of students from sub-Saharan Africa at German universities. Honoré Tiako Ndjenkam studied and worked in Germany before setting up his own IT consulting firm in Cameroon with support from the Business Ideas for Development team.

Countless openings for good business ideas

Business opportunities can be found in many sectors of the country’s economy, especially when it comes to harnessing existing potential more efficiently, for instance to increase productivity in the agricultural sector, expand the use of renewable energy or improve business efficiency through the use of modern IT systems. One entrepreneur who received support from Business Ideas for Development to set up his own business put it like this: ‘In Cameroon there are countless openings for good business ideas. All you have to do is walk down the street with your eyes open. If we don’t do it, others will.’

One of our partners

Steve Tchoumba is originally from Cameroon and was educated in the United Kingdom. In 2012 he returned to his country of origin where he manages Cameroon's first tech-hub for start-ups.

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