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Cameroon holidays

Information about Cameroon

French Cameroon became independent in 1960 as the Republic of Cameroon. The following year the southern portion of neighboring British Cameroon voted to merge with the new country to form the Federal Republic of Cameroon. In 1972, a new constitution replaced the federation with a unitary state, the United Republic of Cameroon. The country has generally enjoyed stability, which has permitted the development of agriculture, roads, and railways, as well as a petroleum industry. Despite slow movement toward democratic reform, political power remains firmly in the hands of President Paul BIYA.

Cameroon's economy

Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems confronting other underdeveloped countries, such as stagnant per capita income, a relatively inequitable distribution of income, a top-heavy civil service, endemic corruption, and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation's banks. The IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. Subsidies for electricity, food, and fuel have strained the budget. Cameroon has several large infrastructure projects under construction, including a deep sea port in Kribi and the Lom Pangar Hydropower Project. It also recently opened a natural gas powered electricity generating plant. Cameroon must attract more investment to improve its inadequate infrastructure, but its business environment is a deterrent to foreign investment.

Issues in Cameroon

Joint Border Commission with Nigeria reviewed 2002 ICJ ruling on the entire boundary and bilaterally resolved differences, including June 2006 Greentree Agreement that immediately ceded sovereignty of the Bakassi Peninsula to Cameroon with a full phase-out of Nigerian control and patriation of residents in 2008; Cameroon and Nigeria agreed on maritime delimitation in March 2008; sovereignty dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River; only Nigeria and Cameroon have heeded the Lake Chad Commission's admonition to ratify the delimitation treaty, which also includes the Chad-Niger and Niger-Nigeria boundaries Refugees and internally displaced persons: refugees (country of origin): 184,536 (Central African Republic); 12,400 (Nigeria) (2014)

Prices in Cameroon
Meal in inexpensive restaurant4.42 USD
3-course meal in restaurant (for 2)19.6 USD
McDonalds meal6.64 USD
Local beer (0.5 draft)1.1 USD
Foreign beer (0.33 bottle) 1.85 USD
Cappuccino2.5 USD
Pepsi/Coke (0.33 bottle)1.48 USD
Water (0.33 bottle)0.92 USD
Milk (1l)2.35 USD
Fresh bread (500g)0.42 USD
White Rice (1kg)2.09 USD
Eggs (12) 2.76 USD
Local Cheese (1kg) 31.41 USD
Chicken Breast (1kg) 5.82 USD
Apples (1kg) 3.96 USD
Oranges (1kg) 2.57 USD
Tomato (1kg) 1.46 USD
Potato (1kg) 2.48 USD
Lettuce (1 head) 2.03 USD
Water (1.5l)1.07 USD
Bottle of Wine (Mid-Range) 8.82 USD
Domestic Beer (0.5 bottle)1.31 USD
Foreign beer (0.33 bottle) 1.75 USD
Cigarettes1.11 USD
One way local bus ticket1 USD
Monthly pass for bus36.37 USD
Taxi start0.98 USD
Taxi 1km0.55 USD
Taxi 1hour waiting9.29 USD
Gasoline (1 liter) 1.48 USD
Utilities for a "normal" apartment89.68 USD
Tennis Court Rent (1 Hour on Weekend) 7.52 USD
Apartment (1 bedroom) in City Centre 539.02 USD
Apartment (1 bedroom) Outside of Centre 326.77 USD
Apartment (3 bedrooms) in City Centre 911.25 USD
Apartment (3 bedrooms) Outside of Centre 540.28 USD

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