The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Cameroon  
Rank: 114 · Score: 20.6  

Basic facts        
Population (millions) 27.9   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 44.8   M&A volume (quartile) Bottom
GDP per capita (US$) 1,604.1   Venture capital investments (quartile) 2nd
GDP growth (per cent) 4.3   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 114 8, 8, 8, 11, 11 20.6
1 Economic Activity 69 53, 61, 47, 56, 56 71.0
2 Depth of Capital Market 113 5, 5, 9, 13, 12 6.8
3 Taxation 119 6, 5, 6, 4, 6 40.9
4 Investor Protection and Corporate Governance 117 8, 10, 8, 8, 8 35.4
5 Human and Social Environment 101 15, 18, 20, 24, 24 23.7
6 Entrepreneurial Opportunities 116 14, 14, 11, 13, 9 21.3


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Cameroon  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Burkina Faso 63.9 8.8 66.4 39.5 29.2 19.2
Ethiopia 78.7 5.4 64.5 25.5 25.3 35.7
Madagascar 62.7 6.7 97.1 36.8 22.5 23.7
Cameroon 71.0 6.8 40.9 35.4 23.7 21.3
Mali 63.9 7.6 72.3 35.5 24.7 17.2
Mozambique 63.5 7.1 54.5 28.5 16.7 26.8
Benin 65.5 4.7 56.3 42.4 32.6 19.6
Last updated: 4 Nov 2023