Tag Archives: cameroon

2014 World Cup: Key Facts About Africa’s 5 Participating Countries


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ALGERIA

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Picture Above: Mediterranean view from Algiers rooftop.

Location: Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia

Population: 38 813 722

Literacy Rate: Overall – 72.6% l Male – 81.3% l Female – 63.9%

GDP (purchasing power parity): $284.7 billion

GDP Growth Rate: 3.1%

Unemployment Rate: 10.3%

Population below poverty line: 23%

CAMEROON

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Picture Above: Lake Nyos is a crater lake on the flank of an inactive volcano.

Location: Central Africa, bordering the Bight of Biafra, between Equatorial Guinea and Nigeria

Population: 23 130 708

Literacy Rate: Overall – 71.3% l Male – 78.3% l 64.8%

GDP (purchasing power parity): $53.16 billion

GDP Growth Rate: 4.6%

Unemployment Rate: 30%

Population below poverty line: 48%

COTE D’IVOIRE

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Picture Above: Mothers start a club to invest in girls’ education.

Location: Western Africa, bordering the North Atlantic Ocean, between Ghana and Liberia

Population: 22 848 945

Literacy Rate: Overall – 56.9% l Male – 65.6% l Female – 47.6%

GDP (purchasing power parity): $43.67 billion

GDP Growth Rate: 8%

Unemployment Rate: N/A

Population below poverty line: 42%

GHANA

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Picture Above: Performers at Ghana sporting event.

Location: Western Africa, bordering the Gulf of Guinea, between Cote d’Ivoire and Togo

Population: 25 758 108

Literacy Rate: Overall – 71.5% l Male – 78.3% l Female – 65.3%

GDP (purchasing power parity): $90.41 billion

GDP Growth Rate: 7.9%

Unemployment Rate: 11%

Population below poverty line: 28.5%

NIGERIA

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Picture Above: Aerial view of photo festival in the capital city, Lagos.

Location: Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon

Population: 177 155 754

Literacy Rate: Overall – 61.3% l Male – 72.1% l Female – 50.4%

GDP (purchasing power parity): $478.5 billion

GDP Growth Rate: 6.2%

Unemployment Rate: 23.9%

Population below poverty line: 70%

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Currencies Of The African Diaspora – Cameroon


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Because of its modest oil resources and favorable agricultural conditions, Cameroon has one of the best-endowed primary commodity economies in sub-Saharan Africa. Still, it faces many of the serious problems confronting other underdeveloped countries, such as stagnant per capita income, a relatively inequitable distribution of income, a top-heavy civil service, endemic corruption, and a generally unfavorable climate for business enterprise. Since 1990, the government has embarked on various IMF and World Bank programs designed to spur business investment, increase efficiency in agriculture, improve trade, and recapitalize the nation’s banks. The IMF is pressing for more reforms, including increased budget transparency, privatization, and poverty reduction programs. Subsidies for electricity, food, and fuel have strained the budget. Cameroon recently began several large infrastructure projects, including a deep sea port in Kribi, a natural gas powered electricity generating plant, and several hydroelectric dams. Cameroon must attract more investment to improve its inadequate infrastructure, but its business environment is a deterrent to foreign investment.

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