Economic And Infrastructure Conditions Hamper Autos Growth

According to statistics from Cameroon's Ministry of Public Works, only 10% of the country's 50,000 km of roads are tarred. This, coupled with the lower spending power relative to that of regional peers such as Ghana and Nigeria, has restricted the new vehicle market. Consumers are less likely to spend on new vehicles, which will be abused by a harsh environment. As a result, the used car market is 10 times the size of its new car counterpart.

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