Cameroon Food & Drink Q1 2019
The escalation in tensions between Cameroon'sAnglophoneregions and the central government pose notabledownside risks to our otherwise positive outlook for the country's food and drink sector. Curfews in the country's northwest andsouthwest regions are likely to act as a drag on food and drink sales in these regions, and could begin to notably impact headlinegrowth figures should the curfews remain in place over the long term. Aside from the threat posed by Cameroon's fractious politicalenvironment, the outlook for the food and drink sector remains relatively robust, with inflation forecast to remain relatively low,combined with rising wages and a positive demographic outlook. We note though, that the sector remains in its infancy and rates ofgrowth may appear rapid due to base effects.
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