Cameroon

The present-day republic of Cameroon was formed in 1961 when the former French Cameroon joined part of British Cameroon to create a new government. In response to continued political stability, Cameroon has created a strong infrastructure while developing the agricultural, petroleum, and transportation sectors. The Chad–Cameroon Pipeline has caused much controversy and concern among environmentalists but has been lauded as an important economic project for both countries. Funding from the World Bank and the International Monetary Fund have fueled development and structural reform in Cameroon; however, the high level of national debt has been an anchor on local prosperity and equitable growth. Democratic reform has also continued at a slower pace than development, in part because of widespread government corruption. The prospect of debt relief ...