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V. Central Africa

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Chapter Summary

Socioeconomic developments was a gently positive economic year for Central Africa, with Gross Domestic Product (GDP) growth rates ranging from 2.0% in Equatorial Guinea to 7.1% in the Democratic Republic of the Congo (DRC), according to the International Monetary Fund (IMF's) World Economic Outlook. Interest in large-scale land acquisitions all over Africa was also tangible again in the sub-region. A controversial oil palm project made some headlines: SG Sustainable Oils Cameroon (SGSOC), a subsidiary of the US Company Herakles Farm, started logging in preparation for a project to convert 73,000 ha of rainforest into palm oil plantations in south-west Cameroon. The political situation in Chad's southern neighbour, the CAR, slowly deteriorated and demanded a lot attention from President Idriss Déby Itno. There were major developments in the organisation of the trial of former president Hissein Habré for crimes against humanity in Senegal, his country of exile.

Keywords: Central Africa; Chad; Democratic Republic of the Congo (DRC); Equatorial Guinea; SGSOC; south-west Cameroon



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