Surge

Economic Challenges in Cameroon Economic Challenges in Cameroon Cameroon's National Institute of Statistics (INS) has released a disconcerting report: inflation is slated to soar by 5.7% in June 2024. That figure drastically overshoots the sub-regional benchmark of 3% observed among the other five member nations of the Community of Central African States (Cemac). As costs spiral, Cameroonian households are feeling the pinch, with their purchasing power shrinking significantly.…

Ghana's Cocoa Production Hits a Slump On Tuesday, Ghana, the world's runner-up in cocoa production, revealed a startling 55% decline in their seasonal output. The forecast similarly appears grim for the Ivory Coast. Why is this happening? Economist François Ruf, an expert in cocoa, shares his insights on Afrique Midi.