which is the richest region in cameroon06 Sep which is the richest region in cameroon
In 2008, the President of the Republic of Cameroon, President Paul Biya signed decrees abolishing "provinces" and replacing them with "regions". [1] Cameroon is aiming to become an emerging country by 2035. 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. Anglophone Cameroonian - Wikipedia It is the urbanest and ethnically diverse nation in westernAfrica. The Sahel: Land of Opportunities | Africa Renewal It has over $1.7 trillion in assets with the bulk of this coming from U.S.-based customers but has a somewhat limited network of around 660 domestic branches. Inscription of Cross-Korup-Takamanda on the World Heritage List would be an appropriate measure to enable further progress in these areas. From Chase Bank to TD Bank, these 10 institutions are the largest banks in the U.S. Read on to learn about each bank and find individual reviews. The parks diverse habitats support a rich reptile and amphibian fauna of 75 species in 15 families, representing nearly a third of Cameroons species, of which four are local endemics. You might be using an unsupported or outdated browser. Cross River-Korup Takamanda (CRIKOT) National Parks lies between the Cross River in South-Eastern Nigeria and the Sanaga River in Western Cameroon. Its a hybrid bank with competitive online-forward accounts and a limited branch network. In Nigeria: Cross River National Park (Oban and Okwangwo Divisions), Afi Mountain Wildlife Sanctuary, Mbe Mountains Community Wildlife Sanctuary and Ekuri Community Forest. The division contains 17 species of non-human primate; nearly a third of Africas total, including the critically endangered Cross River gorilla (Gorilla gorilla diehli), Nigeria-Cameroon chimpanzee (Pan troglodytes ellioti), Preusss guenon (Allochrocebus preussi) and drill (Mandrillus leucophaeus), along with many other species such as the forest elephant (Loxodonta cyclotis) that suggest close similarity with the wildlife community of Takamanda. Covering about 90,000km 2, the Cape floral kingdom contains 3% of the world's plant species and 20% of Africa's.; Of the 6 floral kingdoms - Antarctic, Australasian, Boreal, Neotropic, Palaeotropic and Cape - the Cape is the smallest and richest, with the highest known concentration of plant species: 1,300 per 10,000km 2.; The fynbos constitutes about 80% of the Cape floral kingdom; of the . Without this, how will we live?, she ssays, adding that the children also sometimes use mercury to help with gold processing.When we see that the belly is empty, we have to do it in order to eat, she adds, gesturing to her children. The 'Cross-River-Korup-Takamanda' (CRIKOT) region lies between the Cross River in eastern Nigeria and the Sanaga River in western Cameroon. In the initial aftermath of independence, the country had strong economic growth with the GDP growing at an average of 4% annually. Waza National Park in the north, which was originally created for the protection of elephants, giraffes, and antelope, is full of forest and savanna animals, including monkeys, baboons, lions, leopards, and birds. Cameroon is a country sandwiched between Central Africa and West Africa. Afriland has branches in 8 African countries and revenues of $1.1 billion in 2016. But there, many people dont know anything especially if they spend their time in the mines instead of going to school. Cameroon - Rankings, News | U.S. News Best Countries Cameroon had no industrial mining in the country as of 2008, and some of the minerals in the country include nepheline, iron ore, syenite, rutile, nickel, granite, gold, cobalt, and bauxite among others. Cameroon Overview: Development news, research, data | World Bank What Are The Major Natural Resources Of Brazil? 7 Multi-Millionaires From Cameroon You Should Know - Forbes 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. 475,440 SQ.KM. Cameroon - The World Factbook Translation Original Quote It is home to at least 409 species of mammals and 165 species of birds. It has a resident population of approximately 25-30 Cross River gorillas. She seeks to make complicated topics easier to understand and less intimidating to the average reader with accurate, reliable information and transparent writing. It also contains the remarkable grey-necked Picathartes or rockfowl (Picathartes oreas) also known from 4 other sites in Cross River State and a few sites in Cameroon. Cross River-Korup-Takamanda (CRIKOT) (Cameroon) Cameroon is aiming to become an emerging country by 2035. 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. Independence was achieved in French Cameroon in 1960. The investment share of GDP has to increase from 20% in 2015 to reach 30% in 2035 and the countrys productivity has to grow at a rate of 2% over the same period from the zero growth rate at the moment. 20. The Congo River Basin: Home of the deepest river in the world km) starts about 50 km inland from the Bight of Biafra on the border with Nigeria on which it shares 15 km of its frontier with CRNP. The best banks have low fees, competitive interest rates and good customer service, and you can find these things with banks big and small. Conflict in the Anglophone regions, a hub for farming and rubber cultivation, has impeded agricultural activity. This period of growth lasted for 20 years until corruption and the decline in the value of exports caused the economy to go into a recession. The continent. The decline in oil production is also expected to continue into the future as the oil reserves diminish. The socially-defined support zone of the Oban Division includes 39 villages with a total population estimated in 1989 at about 40,000. km) is in the northern-most corner of Southwest Province of Cameroon, north-east of the Cross River Valley. 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. Cameroon attained UN membership on September 20, 1960. Therefore, larger banks are not inherently safer than smaller banks. The Korup Cluster (together with the Oban cluster) contains one quarter of all Africas primate species, and also many species that occur widely throughout the Guineo-Congolian forest (such as the forest elephant,Loxodonta cyclotis), and at least 55 species of bat and 47 of rodents.About 140 species of fish are found in the Korup area, distributed among the Upper Cross, the Akpe-Yafe/Upper Ndian, and the Lower Ndian river systems, each with a different fish fauna. In April 2018, Cameroons ministry of mines issued a notice to force companies including SCEM and Lu and Lang to shut down their operations, in some cases because of the safety hazards posed by deserted open holes. Ndoyama alleges that the mine in which his son died belonged to Socit Camerounaise dExploitation Minire (SCEM), a company owned by Ali Bachir, a prominent member of Cameroons national assembly from the ruling party, the Cameroon Peoples Democratic Movement.The party is led by Cameroons president, Paul Biya, who, aged 87, is currently Africas second longest-ruling autocrat (after Equatorial Guineas president Teodoro Obiang).Ndoyama said that he had tried to press SCEM officials to launch an inquiry into his sons death in the hope of getting some desperately needed compensation for the family, but received no response. 26,707,000 Head Of State: President: Paul Biya Form Of Government: unitary multiparty republic with two legislative houses (Senate [100] 1; National Assembly [180]) . Bamenda Coordinates: 055741N 100906E Bamenda, also known as Abakwa and Mankon Town, [2] is a city in northwestern Cameroon and capital of the Northwest Region. Locally Researched by: Patricia Rogers Aug 17, 2023, 1:30pm CDT. 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. Mapping Africa's natural resources | Maps News | Al Jazeera Cameroon is an independent nation located in Central Africa, bordering Chad, Nigeria, Central African Republic, Gabon, Equatorial Guinea, and the Congo. Headquartered in San Francisco, Wells Fargo is the fourth largest bank in the U.S. with nearly $1.7 trillion in assets. Its made up of 7 huge landmasses called continents and each one is unique from the others. Bucharest-Ilfov is Romania's richest region, with a GDP per capita 44% higher than the EU average. In some areas, small, regional banks are more popular than larger banks, in part because they have more convenient branches. Cameroon lies at the junction of west and central Africa. Despite the diminishing production of oil, the county is currently the 6th biggest producer of oil in Sub Saharan Africa, and by 2003 it was producing 667,000 barrels daily. Poverty in Cameroon is widespread, and as of 2009, approximately a third of the Cameroonians live below the poverty line of $1.25 in a day. How Cameroon's Richest Man, Samuel Foyou Made His Fort - LinkedIn Most of the Cameroonian land is suitable for arboriculture and agriculture, and it was estimated that about 70% of the countrys farms and agriculture accounted for 19.8% of the GDP in 2009. 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 Afi-to-Kagwene landscape includes 11 separate populations living across the Okwangwo and Takamanda clusters which include the Okwangwo Division of CRNP together Afi Mountains Wildlife Sanctuary, Mbe Mountains Wildlife Sanctuary, Takamanda National Park, Mone Forest Reserve, and Kagwene Gorilla Sanctuary. For several decades from the 1980s, the country has been pursuing different programs advised by the IMF and the World Bank with the attempt to reduce poverty, which includes privatizing industries and increasing economic growth. Inflation rose to 6.2% in 2022 from 2.3% in 2021, above the Central African Economic and Monetary Community (CEMAC) target of 3%. [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. The vigorous rhythms played on the drums by the people of the southern forest region contrast with the flute music of northern Cameroonians. Some say that gold has brought us so much money, so many millions. Description of the Takamanda-Mone Cluster, Mbe Mountains Community Wildlife Sanctuary. 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). 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. Cameroon's colonial name comes from the cameros, or prawns, that 15th-century explorers found in the Wouri River. Simplice Lontsi Tsomene, 37, and Hlne Raisa Tanga, 25 . Control of persistent inflation pressures in the CEMAC area led to tighter monetary policy by the Bank of Central African States. All these areas across a 12,000 km range contain over 90% of the entire global population of the Critically Endangered Cross River gorillas because of its rugged terrain and high altitude which keeps it secluded from human interference. Public debt is projected to reach 45.8% of GDP in 2023. Earnings from agriculture and forest products were about one-third of the total export earnings in the country. China is Cameroons biggest foreign investor and trading partner, operating a wide range of infrastructure projects, from constructing roads to building football stadiums. Sanaga River is the longest river in Cameroon. February 1, 2017 With a fortune estimated at $940m, Baba Ahmadou Danpullo is ranked number one on Forbes Afrique 's rankings - the French edition of the US magazine. Similarly, persistent corruption has significantly affected economic development in Cameroon. 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. The country is a member of the Central African Economic and Monetary Community (CEMAC), and it is the largest economy in the community. 18. 2023 Forbes Media LLC. The current GDP of Sub-Saharan Africa is around $2.05 trillion, as reported by the World Bank. 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. These are the largest U.S. banks by assets and among the largest in the world. At that time it was known as Kamerun. Ekuri Community Forest: The Ekuri Community Forest (336 sq. Along with its extremely high floristic diversity, it is known to have the highest diversity of reptiles and amphibians in any single locality in tropical Africa (comparable to that of the most diverse Neotropical sites). There's a huge gap between the capital and the rest of the country as the second-richest. Thermal springs can be found throughout the country. Cameroon's market-based, diversified economy features oil and gas, timber, aluminum, agriculture, mining and the service sector. In the 1990s, the country developed and production of oil started in Kribi-Campo basin, and in 1996, the Ebome field began producing oil. Cameroon country profile - BBC News Please be respectful of copyright. 5. Because these banks have a nationwide presence, theres a good chance theres a branch or ATM in your area. The proposed CRIKOT World Heritage Site (WHS) to be listed as a a serial transnational property incorporates: In Cameroon: Korup National Park, Ejagham Council Forest Reserve, Takamanda National Park, Mone River Forest Reserve and Kagwene Gorilla Sanctuary. The ruthless quest for gold in eastern Cameroon has left the landscape peppered with deadly open pits. Some of the major oil operators in the country included Royal Dutch, Exxon Mobil, and Total SA. The country is still heavily reliant on the international market for its products and fluctuations in the global market prices of the country's main items such as cocoa and petroleum has made the economic environment unpredictable. Photograph by Muhamad Yusoff Z Rusli, Dreamstime, U.S. states and territories facts and photos. talboti) and Allens galago, Sciurocheirus alleni ssp. 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). 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. One headmaster of a school in Betare Oya told the Guardian that each year, almost half of the students drop out to work in gold mines as soon as the dry season begins in December. Bank of America follows Chase as one of the largest U.S. banks with over $2.5 trillion in assets. JPMorgan Chase is the richest bank in the U.S., based on Federal Reserve data for consolidated assets. 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. Afi Mountain Wildlife Sanctuary: Created out of the northern section of the Afi Forest Reserve, the Afi Mountain Wildlife Sanctuary (104 sq. In the initial aftermath of independence, the country had strong economic growth with the GDP growing at an average of 4% annually. 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. Our Earth is amazing! 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. Silvery globules spread into the water as the children splash and rub their eyes, while Marie Louise massages the remaining mercury with her hands.The Cameroonian mining code forbids the use of mercury for this purpose due to its toxic health effects. A 2014 survey estimates less than 250 mature individuals left in the wild. (modern). Cameroon - Forbes Largest Banks In The U.S. 2023 - Forbes Advisor The city has a population of about 2 million people [citation needed] and is located 366 km (227 mi) north-west of the Cameroonian capital, Yaound. Can you list the top facts and stats about West Region (Cameroon)? 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. Recent macroeconomic and financial developments. Area. The manufacturing industry in Cameroon has been growing steadily since the late 20th century, and by the year 2000, the industry was accounting for about one-fifth of the country's GDP. Cameroon Country Profile - National Geographic Kids All information is accurate as of Mar. Its the Chinese who left the holes open Its they who are exploiting gold in Betare Oya.Yet official ministry of mines documents obtained by the Guardian show that SCEM has conducted gold exploitation in several sites in eastern Cameroon all without proper authorisation. U.S. Bank has around $590 billion in assets, which is significantly less than the four biggest bankseach with over $1 trillion in assetsbut enough to earn spot number five. It has over $3 trillion in total assets, more than any bank in the country. Unidentified gunmen in Cameroon's biggest English-speaking city have killed at least nine people, including a newly married couple. Some British companies advertise online that they conduct gold exploration programmes in the country. Cross-Korup-Takamanda is a stronghold for regionally endemic non-human primates. Feature: ICRC's psychological support soothes hearts in troubled Separatist movements, notably the Southern Cameroons National Council (SCNC) and the Southern Cameroons Peoples Organization (SCAPO), call for the separation of the two English-speaking regions from French-speaking Cameroun in response to the dismantling in May 1972 of the federation formed in 1961 and subsequent marginalization of the Anglophone minority by the Francophone majority and its political leadership. The pattern is the same throughout the gold mining areas of eastern Cameroon.On the ground, the locals say they see few changes.In Batouri, the abandoned mining pit in which Saustem Brandon Samba drowned remains open, in the same state as when the 12-year-old fell into it, his father said. Description of the Takamanda-Mone Cluster: Terrain in Takamanda-Mone is rolling in the lowland areas, but rises sharply to an altitude of 1,500 m in the northern part of the park, where slopes are extremely steep. Since 2008, gold prices have risen and informal mining has spread widely across the continent. The contiguous Oban-Korup forest may be the richest site in Africa for butterflies - at least 600 species (with an estimate of 1,000 or more in total). You may be surprised to learn that it is (Mount Cameroon) also the only active volcano in the country. Cameroon's former French and British areas kept separate educational, legal, civil service, and legislative structures until a 1972 referendum adopted a national, one-party system along French lines. The country receives plenty of rainfall every year, making it one of the wettest places on Earth. The Congo River Basin has a remarkable natural and cultural history. Learn about the different natural environments of plants and animals. Finally, the Korup cluster is known to be home to at least 179 species of dragonfly, many of them endemic, and the butterfly fauna (together with that of the neighbouring CRNP in Nigeria) is the richest in Africa with well over 1,000 lowland rain forest species, equivalent to 6% of all butterflies described worldwide and almost one third of all species known from continental tropical Africa. 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. [3] In December, security forces dispersed protests and at least two protesters were killed and others injured. The fish fauna is consistent with the diversity of the Cross River system, the most species-rich of any comparable West African river basin, and among the insects there are at least 67 dragonflies and 111 butterflies. [4] The NGO Internet Without Borders estimated that the blackout cost the Cameroonian economy almost 3 million (US$3.2 million).[4]. The global sale of products, such as cocoa, coffee, and oil, helped boost the economy. According to the Energy Information Administration (EIA), the countrys estimated oil reserves in 2004 were about 400 million barrels. The government of Cameroon has an ambitious plan with the aim of making the country an emerging economy by 2035. Total assets include everything a bank owns, from loans and investments to physical assets like buildings and equipment. Cameroon is among the leading producers of cocoa beans in the world which are cultivated primarily in the Southern part of the country. Seven are found only between the Cross and the Sanaga: There are also another four other regional endemic primates including the Nigeria-Cameroon chimpanzee Pan troglodytes ellioti, pallid galago, Euoticus pallidus ssp. While all western gorillas are Critically Endangered, the Cross River gorilla is the most endangered of the African apes. Biodiversity in the Okwangwo Cluster reflects the patchy diversity of ecosystem types, the existence of an intact ecocline (i.e. Language links are at the top of the page across from the title. Known for credit cards, Capital One has been a household name for many years. The 43 villages within and around the park were estimated to house nearly 16,000 people in about 2000. Among the 10 largest institutions, a few of the most popular banks include Wells Fargo, Chase, Bank of America and U.S. Bank. From Chase Bank to TD Bank, these 10 institutions are the largest banks in the U.S. Read on to learn about each bank and find individual reviews. The increase can be attributed largely to higher import costs. Gold mining companies operating here are quick to cite this. It has about $469 billion in assets, held almost entirely in the U.S. Capital One is different from other big banks. This list includes notable companies with primary headquarters located in the country. 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.
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