Chapter 12 Economic Diversification in Cameroon: A Trade–DSM Analysis
Abstract
Despite its rich endowments of natural resources, the Cameroonian economy remains undiversified and vulnerable to exogenous shocks as an exporter of unprocessed primary products. With the ratification of the African Continental Free Trade Area (AfCFTA), the Cameroonian government intends to follow an export-led industrialization strategy. The country ambitions, through its PDI (industrial masterplan), to become the “factory of the new industrial Africa”, starting with the “ECCAS + Nigeria” zone.