Boost Enterprise Creation

Over 15,000 enterprises have been created between 2010 and 2016 thanks to the establishment of the website; www.mybusiness.cm by the government that reduced the time to set up a business from 72 hours to two hours. Pilot centres to facilitate enterprise creation were opened in Douala, Garoua and Yaounde while simplifying the procedures. In 2010, when there existed only two pilot centres in Douala and Yaounde, 710 small and medium-size enterprises were set up. The number rose to 11,498 in 2014, and 13,374 in 2015, then to 15,219 by 2016, giving an increase rate of 99.1 per centwithin the period of 2010 and 2016.

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