Economy

Cameroon allocates €25 million to boost small and medium enterprises

    Cameroon has announced the allocation of €25 million to strengthen the development of small and medium enterprises (SMEs) and stimulate economic growth. This funding is part of a national strategy aimed at promoting entrepreneurship, improving the investment climate, and providing financial and technical support to emerging businesses that play a key role in the country’s economic development.

    The initiative is expected to improve SME access to financing, enhance production capacity, boost job creation, and increase competitiveness both domestically and internationally.

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