(Business in Cameroon) – Seven Cameroonian companies will receive their official Cemac preferential trade approvals on May 8 in Yaoundé, the Ministry of Trade has announced. These approvals allow the companies to export their goods across the Central African Economic and Monetary Community (Cemac) without paying customs duties and without facing quantity restrictions.
The companies set to benefit from this status include Top Food Cameroun, Hoka Industrie, Keda Cameroun Ceramics Limited, Sika Cameroun Sarl, M and M Product Sarl, Ets Sweet Choco, and Jamalia Group Ltd.
Under the Cemac community preferential regime, industrial firms approved by one member country may export their products freely to the five other member states.
With these new approvals, Cameroon now has 77 companies authorized under the preferential trade regime. Altogether, these firms supply nearly 1,000 manufactured products to the regional market. One year earlier, the Trade Ministry granted the same approval to nine other Cameroonian companies, including fuel marketer Bocom.
