Bitcoin Could Be A Game-changer In Cameroon
-
Loading... - Steve Harouna
- 03 May 2023
- 65 Views
- 0 Like
- 0 Comment
It is a relief to see that while covid cases are still often being reported, the resilience of humans have prevailed and things are slowly going back to normal. And maybe the new normal is different in ways from what we were used to pre-covid, at least there are now ways to curtail the spread of the virus while life resumes in profitable ways for everyone.
However, lessons we have learned over the past year have enlightened individuals, organisations and governments that change is needed – and fast, too. Many governments have come to realise that to prevent the kind of halt to economies experienced during the pandemic, fundamental changes must be implemented to first accelerate growth then ensure that that growth continues at an exponential rate that is both beneficial and sustainable.
For instance, the inflation rate in Cameroon sits around 1.97% as of March 2021, which is a notable decrease from 2.52% recorded in July 2020. The nation has been looking for new economic opportunities and we’ve seen an increase in agricultural exports from CEMAC nations. Nigerian billionaire businessman Aliko Dangote also recently met with Cameroon’s President Paul Biya as his company looks to expand its operations by starting an oil and gas company in Cameroon. Read More..
