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Infos Business of Tuesday, 17 February 2015

Source: Business in Cameroon

Business creation centres produced 33,000 SMEs between 2010 and 2014

Before 2010, starting a business in Cameroon was like the way of the cross and the business environment rating instruments, like Doing Business, always ranked Cameroon at the bottom of their lists.

With the 2010 launch of the Business Creation Centres (CFCE), things have changed a lot.

Indeed, with the launch of these centres representing all the administrative agencies involved in the business creation process, 33,000 companies were created from 2010 up to today, in 72 hours or less.

This was revealed in an information day on CFCEs recently held in the Cameroonian capital.