Fifteen Years of Reforms to Transform the Business Climate

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Fifteen Years of Reforms to Transform the Business Climate

By 2019, the Forum had reportedly generated approximately 200 recommendations, of which 150 had been implemented, with close to 90 leading to significant reforms.

21 Oct 2026 11:57

F rom simplifying business creation to advancing di gitalisation and preparing enterprises for continental trade, the CBF has become a key platform for public-private dialogue. Since its first session on 18 February 2010, the CBF has played a significant role in promoting reforms aimed at improving the business climate and strengthening private-sec tor participation in Cameroon’s economic development. Esta blished with the support of the International Finance Corpora tion (IFC), the platform brings together government authorities and business leaders to identify obstacles to investment and propose practical solutions. The first edition adopted 27 recommendations covering business creation, taxation, access to finance, commercial justice, and trade facilitation. Among the early achievements were the operationalisation of Business Creation Formalities Centres (CFCEs) in Douala and Yaoundé, which simplified admi nistrative procedures for entre preneurs. Measures also targeted tax administration, including the streamlining of tax declaration forms and the development of electronic declaration and pay ment systems. Subsequent editions broadened the reform agenda to include governance, transparency, land access, construction permits, investment promotion, and the settlement of commercial disputes. Reforms facilitated company re gistration, reduced the minimum share capital for limited liability companies to FCFA 100,000, and made notarial services optional under specified conditions. Online business registration through mybusiness.cm further adva...