The growth of the population of Africa along with the emergence of middle-income class will result into an increased demand of agro-food products and housing.
In Africa, one of our targeted countries is Cameroon. This country, located in Central Africa region, has an important potential of agricultural development considering the available arable lands and favourable geo-climate conditions. WiP's partners being over 90% nationals of Cameroon have the advantage to know their country, its potentials and administration.
According to 2014 country figures, Cameroon, a lower middle income country, has a population estimated at approximately 23 Million while the country gross domestic product (GDP) amounted to US$32.5 Billion with a GDP growth rate of 5.9%, gross national income per capita amounting to US$1,350 and 1.9% inflation rate (source: World Bank).
The strategic geographical location of Cameroon at the heart of the Central Africa region places the country at a quasi-equidistance to Europe, the American continent, Middle-East and the Indian sub-continent, West Africa, North Africa, East Africa and Southern Africa. It should also be noted that Cameroon is close to the two Sub-Saharan largest markets, namely the neighbouring Nigeria (the most populated country in Africa) and Democratic Republic of Congo (the 4th most populated country in the African continent). This position offers an exceptional opportunity for investment.