Economic Status of Yaounde

Yaounde is a hilly and undulating city. Getting your orientation right can be very challenging. At 750 m above sea level with a beautiful view of greens surrounding the city, Yaounde provides its visitor with very pleasant scenic views and mild climatic condition throughout the year. This gives Yaounde inhabitants a gorgeous year round weather temperature range. Most of Yaounde’s economy is centered around the administrative structure of the civil service and the diplomatic services. Due to these high profile central structures, Yaounde enjoys a relative higher standard of living and security compared to the rest of Cameroon. Schools, colleges, Universities, Hospitals, recreational centers, restaurants are of better standards.

 

Most of Yaoundé’s economy is centered on the administrative structure of the civil service and the diplomatic services. Due to these high-profile central structures, Yaounde enjoys a relative higher standard of living and security compared to the rest of Cameroon. Major industries in Yaoundé include tobacco, dairy products, beer, clay, glass goods, and lumber. It is also a regional distribution centre for coffee, cocoa, copra, sugar cane, and rubber. Local residents engage in urban agriculture. The city is estimated to have “50,000 pigs and over a million chickens.

 

Despite the security issues and humanitarian crises that have plagued the Central African nation, its economy remains stable. In fact, there is diversification of its productive economic activities, with the services sector contributing about half of the total domestic production. Oil, gas, and mining revenues are rarely reported, which implies massive graft.In addition, there is weak protection of real and intellectual property, and the judicial system is vulnerable to political manipulation. According to Yaoundé City Council data, there has been over 130 floods that have been striking the city from 1980 to 2014, causing massive loss of life and economic damage. However, there has been reduction of flooding in the city since the establishment of a sanitation master plan to address the issue. Another measure was to relocate people living along the drainage routes and in low-lying flood zones.

In Yaoundé you will find lots of western style shopping centers, for your grocery and dressing & grooming needs. In central city, Scores ( now Casino Supermarket) offers a typical western-style grocery shopping experience as in Walmart or other western style grocery shop. Credit cards and Debit cards are accepted at most of these supermarchés and bakeries. With the growing number of westerners in the Yaounde area, these style of shops are on the increase. All these stores also help the economy of Yaoundé to grow faster with the number of people flocking to these supermarkets.

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