Türkiye and Cameroon have agreed to broaden cooperation in infrastructure, agriculture, energy, mining, food processing and tourism after a high-level business roundtable in Istanbul.
Turkish Trade Minister Omer Bolat hosted Cameroonian Economy, Planning and Regional Development Minister Alamine Ousmane Mey at the Turkish Exporters Assembly headquarters in Istanbul on November 3 for a bilateral business roundtable aimed at deepening economic ties, according to Anadolu Agency.
Bolat described Cameroon as an important gateway for Turkish firms seeking a stronger presence in Central Africa, citing its location, regional economic memberships and natural-resource base.
He also said the two countries had agreed to begin negotiations on an agreement to prevent double taxation, a step intended to make cross-border investment easier.
Bolat said that bilateral trade reached $542 million last year, while Turkish contracting firms have carried out 28 projects in Cameroon worth $1.17 billion, and argued that trade could realistically double or triple.
During the roundtable, officials also identified infrastructure, agricultural modernization, renewable energy, mining, food production, tourism and health services as priority fields.
The talks followed a November 1 memorandum of understanding between Cameroon’s Chamber of Commerce, Industry, Mines and Crafts and Türkiye’s Union of Chambers and Commodity Exchanges. The agreement creates a Türkiye-Cameroon Chamber of Commerce and Industry Forum to support joint investments and supply-chain cooperation.
Cameroon is the largest economy in the Central African Economic and Monetary Community (CEMAC), accounting for about 40% of the bloc’s GDP, and it has a long Gulf of Guinea coastline that supports regional trade.
The World Bank lists oil and gas, mineral ores, timber and agricultural commodities such as cocoa, cotton, coffee, maize and cassava among Cameroon’s key resources. The country’s hydropower capacity is estimated at roughly 23,000 megawatts, while only a small share has been developed.
According to UN Comtrade data, bilateral merchandise trade reached approximately $349.2 million in 2025. Cameroon exported $159.8 million worth of goods to Türkiye, including $122.6 million in cocoa and cocoa preparations, $24.1 million in wood products and $7.1 million in cotton. Meanwhile, imports from Türkiye totaled $189.3 million, including $23.1 million in electrical equipment and $15.8 million in machinery.