In 2014, the unemployment rate in Cameroon was estimated to be at 4%. Her children stand in the water with her, watching her form a tiny, ladybird-sized blob to sell for $2 (1.53) for a local dealer. Catchment links reflect the importance of the Oban-Korup and Okwangwo-Takamanda complexes in safeguarding water flow, and providing disaster risk reduction and climate change adaptation functions by protecting downstream areas against droughts, floods, mud-slides, soil erosion, and sedimentation. In addition to consumer banking, it offers business banking, community banking, investment and asset management services and more. Not a single signpost or diagram was seen in the seven sites visited by the Guardian, as unaccompanied young children walked barefoot or wearing flip-flops in the dangerous areas. Description of the Okwangwo Cluster: Terrain in the Okwangwo Cluster rises northwards and eastwards from the surrounding lowlands, from about 150 m elevation to over 1,700 m on the ObuduPlateau. Cameroon's rich and powerful Global Voices The economy depends a lot on the amount of money people can get from selling oil, tea, coffee, and cocoa. 27,224,262. The two English-speaking regions of Cameroon make up 17% of a population of 17 million (2005). 7. [3] The Cameroon Anglophone Civil Society Consortium was declared illegal by the government on 17 January 2017 and "any other related groups with similar objectives" were prohibited. Locally Researched by: Patricia Rogers Aug 17, 2023, 1:30pm CDT. Cameroon - Rankings, News | U.S. News Best Countries It is also one of Africas richest sites for bats, rodents, fish, dragonflies and butterflies. Similarly, persistent corruption has significantly affected economic development in Cameroon. 14. Criterion (ix): The region is believed to have been continuously moist during the Quaternary ice ages, so it acted as a refuge for species adapted to ever-wet conditions which were then able to re-colonise surrounding areas when moist conditions returned. Part of Citigroup, Citibank is a leading global bank providing various financial products and services to clients worldwide. The region is home to at least 3,500 plant species, or around half of all plants that occur only in Tropical West Africa, a richer butterfly fauna than anywhere else in Africa, several hundred reptile and amphibian species, and the highest density of forest-restricted bird and mammal species in Africa; many of these species are endemic or near-endemic to the region. Most are Ejagham, with related Korup people in two villages, and Ibibio migrants settled in some areas. Read our full Marcus By Goldman Sachs Review. And there are more than 100 others like it nearby.The more I research it, the more I realise that people are taking advantage from peoples ignorance, says Etoga. A woman digs for gold where locals once dug for crops. We need sanctions without them, people continue to do whatever they want, said Etoga.Cameroons ministry of mines did not reply to repeated requests for comment.The Cameroonian branch of the Extractive Industries Transparency Initiative (EITI), a global body that promotes itself as setting the global standard to promote the open and accountable management of oil, gas and mineral resources, also failed to address the deaths in the mines, simply forwarding government reassurances that the numbers of mortalities in abandoned pits have significantly decreased over the past two years.The ministry of mines added that there are fewer deaths following its implementation of information campaigns. The top bank varies by state and can depend on factors such as branch and ATM access, reputation and recognizability. The country is sometimes identified as West African and sometimes as Central African, mainly because of its strategic position between the two regions. Be grateful! The average profile: an octogenarian currently or formerly in government, who is likely to have seen the inside of a prison cell. The Oban Division (2,800 sq. This provided continuity of evolutionary processes such as adaptation, speciation and co-evolution, and allowed the area to retain many species that disperse only slowly if at all, in addition to the ancestors of species that were able to travel more easily. An anglophone Cameroonian is widely regarded as anyone who has lived in the North West and South West regions of Cameroon, undertaken Anglosaxon education and practices the Anglo-Saxon system of education and law. The risk of overindebtedness is high. 10. The Republic of Cameroon is a central African country that sits on the continent's western coast, bordered by countries such as Chad, Equatorial Guinea and . Because of the geographical and cultural diversity of the country, it is often referred to as Africa in miniature and as the hinge of Africa. Customs and Economic Union of Central Africa, Organization for the Harmonization of Business Law in Africa, Biya plan to keep power in Cameroon clears hurdle, "About Us | Cameroon Development Corporation", https://en.wikipedia.org/w/index.php?title=List_of_companies_of_Cameroon&oldid=1125819753, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 4.0, Bank, previously Caisse Commune d'Epargne et d'Investissement, This page was last edited on 6 December 2022, at 01:15. Danpullo is a discreet man, avoiding the media and the fame that typically comes with immense wealth. There are 23 additional villages within 3 km of the park boundary (in the peripheral zone), and the total population of these and the villages within the park is approximately 2,700. Get facts and photos of the U.S. states and territories, and the District of Columbia. On the ground, some of the youths working in gold mines confirm that the industry enables them to earn money, which they would otherwise have been unable to do in an underdeveloped region that lacks basic services, including a steady electricity supply.Yet, when it comes to the open mining pits, corporate reassurances that the holes will be filled up and restored ring hollow. However, the agriculture industry is still playing a significant role in the country, and in the 1970s approximately 9/10 of the country's working population were employed in agriculture, and 30 years later the ratio has fallen to about half. There are eleven of these in total. Research on Kagwene Mountain began in 2002, and in 2008 the sanctuary was gazetted, offering it legal protection for the first time and thus reducing its vulnerability. It contains a population of approximately 25 Cross River gorillas as well as important populations of drills and Nigeria-Cameroon Chimpanzee. The soils and climate along the coastal region have commercial cultivation of crops such as rubber, tea, bananas, oil palms, and cocoa. talboti) and Allens galago, Sciurocheirus alleni ssp. 5. This includes various lowland ecosystems including some of the highest-stature and most species-rich tropical rain forests on Earth as well as savannah habitat and montane forest at higher altitudes. Extreme mercury poisoning can cause paralysis, coma, or insanity. Its made up of 7 huge landmasses called continents and each one is unique from the others. The southern part of the country is largely a plateau and crops common in this part of the country include sugar, coffee, and tobacco. This can translate to more fees and lower interest rates on consumer accounts. Cameroon ranked 153 out of 189 countries on the 2020 U.N. Human Development Index, above many African countries, but roughly a quarter of the population lives below the international poverty line of $1.90 per day. Yet, on the ground, the use of mercury is freely observed at many gold mining sites, often just a few hundred metres away from local policemen who are seen slumbering in the shade of mango trees. 39 Interesting Facts About Cameroon - The Fact File Other central African countries are Angola, Central African Republic, Chad, the Democratic Republic of the Congo, Republic of the Congo,Equatorial Guinea, Gabon,So Tom and Prncipe. In the initial aftermath of independence, the country had strong economic growth with the GDP growing at an average of 4% annually. Okwangwo Division: The Okwangwo Division (920 sq. Cameroon | Culture, History, & People | Britannica In 2001, the countrys oil output was 76,600 barrels a day compared to 1999 when the daily production stood at 100,000 barrels a day. Unlike Takamanda, Mone River Forest Reserve does not contain village enclaves. The result is that Cross-Korup-Takamanda is both highly distinctive, with many taxa that occur only there or around its edges, and also very rich in species.Criterion X. 13. 20. Its not even secure, his father Sah says. [3], The central government shut down the internet in the Anglophone regions in mid January and was restored in April 2017, following a request for restoration by the United Nations. This compensation comes from two main sources. Cameroon Economic Outlook Recent macroeconomic and financial developments Real GDP growth slipped to 3.4% in 2022 from 3.6% in 2021 due mostly to continued investment and higher nonoil activity. The Cross-River-Korup-Takamanda (CRIKOT) region lies between the Cross River in eastern Nigeria and the Sanaga River in western Cameroon. As of December 2018. The sectors participation is thus one of the main challenges to implementing climate actions through climate finance instruments, such as green bonds and green climate funds. Member countries | Commonwealth Inflation is projected to decline gradually, to 5.9% in 2023 and 3.3% in 2024, thanks to continued tightening of monetary policy by the Bank of Central African States. ROB LAFRANCO JANUARY 30, 2023, 06:30 AM A frica's wealthiest people shed a combined $3.1 billion in the past 12 months. An abandoned gold mine in eastern Cameroon. [1], The Social Democratic Front, the largest opposition political party in Cameroon's parliament, is headed by an Anglophone. Copyright 1996-2015 National Geographic SocietyCopyright 2015-2023 National Geographic Partners, LLC. 13. Some of the industries in the country include Edea aluminum smelter which imports most of the bauxite and smelts to finished products. Nomination of the area as a World Heritage Site is based on its Outstanding Universal Value as defined under Criteria IX and X of the Operational Guidelines of the World Heritage Convention. km) is surrounded by 16 villages and is managed by the Cross River State Forestry Commission. It houses the largest port in west and central Africa, and an international airport. When it was established there were six villages inside Korup National Park, one of which (Ikondokondo) was relocated in 2000 (other resettlement plans have since been put on hold). Property names are listed in the language in which they have been submitted by the State Party. However, small-scale mining is carried out in regions bordering the Congo, Gabon, and the Central African Republic. Everything was just okay," said the 30-year-old of a man she fell in love with in Amchide, a locality in Cameroon's Far North region. 1 . It forms an important habitat corridor linking Afi Mountain Wildlife Sanctuary to the west with the Okwangwo Division of Cross River National Park and Cameroon to the east. Two Romanian regions, among Europe's poorest | Romania Insider km) of CRNP lies north-east of the CRS capital, Calabar, inside a loop of the Cross River. The increase can be attributed largely to higher import costs. From the deserts of Africa to mega cities of Asia, watch as we explore the coolest places and most interesting facts about each of our continents. Tiny San Marino is the oldest republic in Europe and the fifth smallest country on the map. Large banks may also have longer processing and customer service wait times, but this depends on the institution. Mone River Forest Reserve: This important forest area (558 sq. In 2008, the country's GDP per capita based on purchasing power parity was approximately $2,300, and it is among the top 10 highest in sub-Saharan Africa. The West Region is the smallest of Cameroon's ten regions . aluminum. Are you sure you want to rest your choices? 15. Baba Ahmadou Danpullo: Africa's discreet business magnate Real GDP is projected to grow 4.2% in 2023 and 4.5% in 2024 thanks to the gradual improvement in the international economic context and higher national gas production and global commodity prices. The West Region is the smallest of Cameroon's ten regions in area, yet it has the . The Congo River Basin has a remarkable natural and cultural history. The area stands out biogeographically because it is a stronghold of remarkable species richness centred on the Cameroon highlands, a discontinuous chain of mountains, plateau and other uplands of volcanic origin that covers about 14,000sq km in total, through the Nigeria- Cameroon border runs in a north-east to south-west directions. In some areas, small, regional banks are more popular than larger banks, in part because they have more convenient branches. Biodiversity in the Okwangwo Cluster reflects the patchy diversity of ecosystem types, the existence of an intact ecocline (i.e. Ekuri Community Forest: The Ekuri Community Forest (336 sq. (Show more) See all facts & stats There are, however, always the risks of planning failure, implementation error, or unforeseen impacts from road-building, plantation or other development schemes that approach park boundaries, as they are doing increasingly, and especially in the Oban-Korup area. An estimated $57.6 billion in climate finance is needed to achieve the objectives set for 2030. Cameroon is often known as "Africa in miniature" because of its geographical and cultural diversity. In the 1990s, the country developed and production of oil started in Kribi-Campo basin, and in 1996, the Ebome field began producing oil. The hills separating the villages of Kekpane and Basho are similar in elevation, rising to between 600 and 700 m.Takamanda NP contains diverse forest formations influenced by topography and rainfall, along with a sharp gradation from lowland forest to montane forest with associated floristic variations. It borders the Northwest Region to the northwest, the Adamawa Region to the northeast, the Centre Region to the southeast, the Littoral Region to the southwest, and the Southwest Region to the west. A 2014 survey estimates less than 250 mature individuals left in the wild. Geographic coordinates 6 00 N, 12 00 E Map references Africa Area total: 475,440 sq km land: 472,710 sq km water: 2,730 sq km comparison ranking: total 56 Area - comparative slightly larger than California; about four times the size of Pennsylvania Area comparison map: Land boundaries total: 5,018 km By the year 2000, there were numerous commercial banks in the country, and a stock exchange opened in 2003 in the city of Douala. There is a bird count of 313 species (Cameroons second highest) all adding up to the classification of the park as an Important Bird Area. But its money. Robusta coffee is the main cultivated variant of the crop in the western parts of the country as well as the southern region. By familiarizing yourself with these major players, you can better understand the market and make informed decisions about where to bank. Simplice Lontsi Tsomene, 37, and Hlne Raisa Tanga, 25 . But there, many people dont know anything especially if they spend their time in the mines instead of going to school. Cross River-Korup-Takamanda (CRIKOT) (Cameroon) During the 20042008 period, public debt was reduced from over 60% of GDP to 10% and official reserves quadrupled to over USD 3billion. [3] Various protesters were arrested, including Nkongho Felix Agbor-Balla, the president of the Cameroon Anglophone Civil Society Consortium, and Fontem Neba, the group's secretary general. BBC. Past performance is not indicative of future results. Gorillas make their homes in dense forests, such as those found in the Cameroonian Highlands. Afriland has branches in 8 African countries and revenues of $1.1 billion in 2016. Lets learn more about Cameroons history, economy, culture, people, religion, and government. It is also estimated that the country has vast quantities of liquid petroleum gas which remains unexploited and estimates according to the Energy Information Administration (EIA), the country has reserves of natural gas standing at about 3.9 billion cubic feet. 475,440 SQ.KM. Area. The Tentative Lists of States Parties are published by the World Heritage Centre at its website and/or in working documents in order to ensure transparency, access to information and to facilitate harmonization of Tentative Lists at regional and thematic levels. The government has also tried to encourage the growth of tourism in the country. Wells Fargo has about 4,600 branches and 12,000 ATMs across the country, making it a prolific U.S. institution that stands out for in-person access. Located along the Atlantic Ocean, it shares its borders with the Central African Republic, Chad, Equatorial Guinea, Gabon, and Nigeria. A Camair-Co Boeing 767 at Charles de Gaulle Airport. Yaounde is its capital Yaound and Douala is its largest city. Mount Cameroon is the highest point in the country at 13,500 ft. 12. The dispute between Nigeria and Cameroon on the oil-rich Bakassi region was ruled in favor of Cameroon by the International Court of Justice. Cameroon, in West Africa, is a mixture of desert plains in the north, mountains in the central regions, and tropical rain forests in the south. Following the economic crisis that was experienced in the late twentieth century the country's banking system had to be restructured with several of them being privatized, merged, or liquidated. Cervical cancer screening prevalence and its correlates in Cameroon Description of the Korup Cluster: Most the Korup Cluster lies within an elevation of 120 to 850 m, lower (about 50 m) in the southern section, rising steadily northwards with increasingly rugged terrain to its highest point at Mt. Cross River-Korup Takamanda (CRIKOT) National Parks lies between the Cross River in South-Eastern Nigeria and the Sanaga River in Western Cameroon. The best banks have low fees, competitive interest rates and good customer service, and you can find these things with banks big and small. Cameroon - The World Factbook Both large and small banks are subject to the same regulatory requirements and are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per account ownership category. Image credit - Elin B. The country has taken steps to encourage the growth of tourism in the country. The primary subsistence crops in Cameroon include oil palm, corn, cassava, potatoes, peanuts, millet, beans, and plantains. All rights reserved, AREA: 183,568 square miles (475,440 square kilometers). Possible headwinds include the effects of geopolitical tensionsnotably Russias invasion of Ukraine, which has increased uncertainty around supply chains, most notably in the energy sector. Some of the major oil operators in the country included Royal Dutch, Exxon Mobil, and Total SA. Real GDP growth slipped to 3.4% in 2022 from 3.6% in 2021 due mostly to continued investment and higher nonoil activity. The whole area was not at all secure, says Sah, whose fury is clear as he describes how gold mining pits in the region which locals call tombs have been left open and abandoned by Chinese companies, among others. In the Adamawa area, the Muslim Fulani produce elaborately worked leather goods and ornate calabashes (gourds used as containers), and . All rights reserved. 4. Bank of America has an edge for those who like the idea of relationship banking, with perks for those who qualify for its Preferred Rewards Program. The 'Cross-River-Korup-Takamanda' (CRIKOT) region lies between the Cross River in eastern Nigeria and the Sanaga River in western Cameroon. 2023 TheFactFile.Org. Korup is dominated by two main types of lowland forest with high species diversity. It is jointly managed by the communities of Old Ekuri and New Ekuri and has been managed as a community forest for more than 30 years. The bank offers a range of services including consumer banking, commercial banking, investment banking and wealth management. The Oban and Korup clusters which include the Oban Divion of CRNP and Korup National Park together with Ejagham Council Forest Reserve and the Ekuri Community Forest contain some of the richest rainforest in all of Africa. Over the same period, the public debt was brought down from more than 60% of the GDP to about 10% of the GDP. Cameroon is aiming to be an emerging economy by 2035. Cameroon, in West Africa, is a mixture of desert plains in the north, mountains in the central regions, and tropical rain forests in the south. In 2014 the unemployment rate in the country at about 4.4% and almost a third of the country's population was living below the poverty line of under $1.25 a day. Management links reflect the emergence since 2008 of an increasingly enthusiastic joint process of strengthening transboundary conservation between Cameroon and Nigeria by finding practical, cooperative solutions to the full range of challenges involved in it. Because the region at the time was remote and prices of metals such nickel were low, it did not draw much attention. The 2023 list of Austin's wealthiest ZIP codes ranks the median income of households in the five counties that make up the Austin . Can you list the top facts and stats about West Region (Cameroon)? Cameroon: Key Issues and U.S. Policy - CRS Reports Language links are at the top of the page across from the title. 31, 2023. This progressive development is tempered by the strong traditional culture that persists among the Bamileke and the province's other major ethnic group, the Bamum (sometimes Bamoum, Bamun, Bamoun). Bucharest-Ilfov is Romania's richest region, with a GDP per capita 44% higher than the EU average. Cameroon is a Francophone country except for the two southern regions bordering Nigeria, which are Anglophone. In a 2018 study measuring blood mercury levels in miners in eastern Cameroon, almost one in 10 (9.1%) of the miners had blood that was chronically intoxicated with mercury.Yet Marie Louise, a mother of five in her 40s living in Longa Mali, is handling mercury freely as she stands ankle-deep in a pool of opaque mustard coloured water just metres from her front door. Unidentified gunmen in Cameroon's biggest English-speaking city have killed at least nine people, including a newly married couple. According to the Energy Information Administration (EIA), the countrys estimated oil reserves in 2004 were about 400 million barrels. These regions were formerly known as the British Southern Cameroons, being part of the League of Nations mandate and United Nations Trust Territories administered by the United Kingdom. Mining companies also say they use pictures to illustrate the dangers of mercury use as a deterrent.I know the dangers, Marie Louise admitted. [3] The World Heritage Centre is at the forefront of the international communitys efforts to protect and preserve. It last erupted in 2012. Some of the major export items include cocoa, cotton, coffee, and sawn wood. The first offshore oil production in Cameroon began in 1977, and the countrys annual production has fallen steadily since 1985. reflect the use of catchment, wildlife, human and management links in Cross-Korup-Takamanda to promote ecological integrity, evolutionary continuity, economic sustainability, and environmental education throughout the region. Its one of the largest U.S. banks with $556 billion in assets but is the most popular bank in only one state: Pennsylvania. Size isnt everything when it comes to banks. On a certain Saturday evening, gunmen invaded the locality and . Since 2008, gold prices have risen and informal mining has spread widely across the continent. The highly complex landforms of the area include various lowland ecosystems such as coastal mangrove swamps with savannah woodland further inland. Other important rivers are the Benue and Nyong. The country has one of the highest literacy rates in Africa but its economic progress has been . It is also (along with Oban), the most diverse lowland site in Africa for birds, with a total of 410 species in 53 families. 9. The countrys real GDP has to grow by an average of 8% between 2015 and 2035. (Image credit: UN Photo/Marie Frechon) The Congo. Now Cameroon relies on international aid organizations, as well as the sale of petroleum and cocoa to keep its economy stable. Cameroon's per-capita GDP (Purchasing power parity) was estimated as US$2,300 in 2008,[1] one of the ten highest in sub-Saharan Africa. Cameroon is a country sandwiched between Central Africa and West Africa. 6. West Region (Cameroon) - Wikiwand In 2017, the World Bank noted that if Cameroon has to be a middle-income country by 2035, it has to unleash the potential of the countrys private sector and increase productivity. It was the last day of the summer holidays when, on his way to meet friends in his hometown of Batouri, eastern Cameroon, 12-year-old Saustem Brandon Samba slipped on reddish mud and fell into what at first looked like a large puddle.The puddle turned out to be an abandoned gold mine, with a steep drop, 18 metres deep. She has an MBA and a bachelor's degree in public relations, as well as hundreds of articles published online by The Balance, Finder.com, Money Under 30, Clever Girl Finance, and more. It has a total area of 475,440 square km. 2023 Forbes Media LLC. Hence, all of the country's ten provinces are now known as regions. In Nigeria: Cross River National Park (Oban and Okwangwo Divisions), Afi Mountain Wildlife Sanctuary, Mbe Mountains Community Wildlife Sanctuary and Ekuri Community Forest. The country has experienced strong economic growth with GDP growth averaging 4% annually between 2004 and 2008. The rain forests in the south of Cameroon are home to screaming red and green monkeys, chimpanzees, and gorillas, as well as rodents, bats, and a great diversity of birdsfrom tiny sunbirds to giant hawks and eagles. Her expertise includes banking product reviews and general topics universal to personal finance such as saving and budgeting. Cameroon is aiming to become an emerging country by 2035. The country also has plenty of natural gas reserves. In 1961, voters in the southern portion of British Cameroon chose to join in a federation with the new republic; those in the north chose to unite with Nigeria. Potentially one of the richest regions in the world with abundant human, cultural and natural . Cameroon - Diversity, Music, Cuisine | Britannica Performance information may have changed since the time of publication. We do research, he added. The 43 villages within and around the park were estimated to house nearly 16,000 people in about 2000. All information is accurate as of Mar. Born of a 2019 merger between BB&T and SunTrust Bank, Truist Bank offers a wide array of banking and financial services. Information provided on Forbes Advisor is for educational purposes only. It is home to at least 409 species of mammals and 165 species of birds. The tender interest rate was raised twice, from 3.5% to 4.0% in March 2022 and to 4.5% in September 2022. It boasts a vast network of over 4,700 physical branches and more than 15,000 ATMs.
East Windsor Municipal,
What Happened To Jim Bakker,
Georgetown Ma Directions,
5234 Black Locust Drive, Frederick, Md 21703,
Notre Dame Utica Board Of Directors,
Articles W
