The continuous persistence of the Russia-Ukraine crisis is very detrimental to food security challenges within the CEMAC sub-region, especially in the face of the COVID-19 pandemic, leaving households in very precarious positions.
Considering the importance of banks as drivers of economic growth and citizens’ well-being, Cameroon’s government has employed several measures to facilitate their success.
The measures taken by Cameroonian authorities will reduce the impact of external shocks on the exchange rate and equally cushion the shock from sudden changes in the price of commodities or the value of the U.S. dollar.
The declaration by President Mitterrand in June 1990 at the Franco-African Summit at the La Baule in which he asserted that France was going to henceforth support only countries that made greater democratic progress was a remarkable step in the resolution of the summit.
Trade liberalization is an essential prerequisite for economic development, and the African Continental Free Trade Area will not only boost intra-African trade, but it will also equally create the foundations for sustainable economic development, regional integration, and a faster pace of industrialization (Ndung’u and Signé 2020).