Economy

The vast area of the Southern Cameroons is rich in agriculture making the land profitable. The large population of approximately 4 million people gives way to one of the most diversified economies throughout the entire African continent.

The area of the Southern Cameroons is the largest worldwide exporter of various products that even you may use everyday. These products include rubber, cocoa, bananas as well as coffee. One secret of the Southern Cameroons is that it has actually been a high exporter of oil. The reason that no one knows is because it has been kept secret by the Biya dictatorships. The money that has been made off of the oil being exported has been kept in various off shore accounts by this dictatorship. The main bank in the area was even wiped out by a French liquidator. Every last cent that any resident of the Southern Cameroons had in the bank was gone; many people lost their entire life savings.

The Southern Cameroons have definite potential to get back into the global market. They have two separate economic philosophies that have almost been splitting the country n half. On one hand they have the French African Economic Communities and on the other hand they are a part of the ECOWAS or the Economic Community of West African States. During the reign of the French the Southern Cameroons were in a standstill as for as the economy was concerned.

If it wasn’t for the type of secret stashing of money the Southern Cameroons may be actually one of the wealthiest places in the world. The fact is that they have a great amount of resources that are used in abundance all over the world. It is not that the Southern Cameroons people live in a desolate and depleted land; they just have a government that makes all of the monetary decisions for them.