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THE ECONOMY OF KUMBO TOWN
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Agriculture is still
the main economic activity of the people of Kumbo. The agricultural
crops fetching the Kumbo population money are arabica coffee, beans
and Irish potatoes. Self-employment is highly practiced in Kumbo
through trading. To fight youth unemployment, the Kumbo Council in partnership with GTZ trained some young people with
entrepreneurial skills and trained in their respective lines of
business. Every long vacation, the Kumbo Council organizes
holiday jobs for students and pupils. This helps them to buy some of
their school needs when schools resume.
Several trucks load
potatoes, beans, maize, and even kolanuts almost on a daily basis to
the economic capital of Douala. Some of these products are exported
to other countries like Gabon, Central African Republic and
Equatorial Guinea. There are also numerous NGOs that provide
economic and humanitarian services. The explosion in trade has
greatly enhanced development in Kumbo, bringing prosperity to its
people. The Kumbo Council under the able leadership of Mayor
Njong through its numerous projects is aiming at realizing an
economic explosion in the municipality. Glimpses of this economic
explosion are already being seen with the decentralization of parks,
construction of new markets. This has brought a rise to liquidity
flow as many more people are now engaged in business.
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KUMBO'S ECONOMY,
AS SEEN BY GHISLAIN |
Ghislain in his study first identified
those strengths that may foster economic development in Kumbo, which
include the fact that Kumbo is typical agro- rural community,
commercial crossroads, human resources, climate, tourism potentials,
hospitality among others. Weaknesses being poor road network,
inadequate financial possibilities, topography (difficult
landscape), poverty, lack of processing industries etc.
In order to improve the socio- economic
environment, Ghislain points out that street lights be extended a
few more hours in order to prolong business activities. Still, he
acknowledges the fact that the council has been instrumental in
setting up a Business Association of Kumbo and in relation to this
he proposes that the council should also help to create an
association of economic operators, by so doing, the council would
really be moving towards the economic explosion envisaged.
According to Mr. Girard, existing
enterprises need to be developed, which in his own view is more
important than searching for new enterprises. In the development of
entrepreneurship the report states, local entrepreneurs are the best
and fastest source of the job creation, for "it is a young
population and probably more prone to risk-taking and handwork". The
report further says that it is therefore important to identify
potential entrepreneurs, organize training sessions, and offer
support services.
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