The Stears Weekly Macroeconomic Report highlights the macroeconomic trends and policy shifts shaping the African investment landscape, helping you make informed decisions in dynamic markets.
Country Updates
Cameroon
- Foreign Exchange: The Central African CFA Franc (XAF) remained relatively unchanged at FCFA621/$ from last week. The steady performance of the Euro against the US dollar drove the XAF’s movement. However, recent political challenges in France, including a collapse of the coalition government, could negatively weigh on the franc's performance in the coming days.
- Government Budget: The Cameroonian government proposed an FCFA7.32 trillion ($11.8 billion) balanced budget for 2025, up 0.6% from FCFA7.28 trillion ($12.1 billion) in 2024. The budget is premised on continued expansion in the non-oil sector, which is expected to grow by 4.3% in 2025 from 4.1% in 2024. The government forecasts an increase in GDP growth from 3.8% in 2024 to 4.1% in 2025. Inflation is also expected to ease to
