{"id":30,"date":"2026-11-01T16:16:01","date_gmt":"2026-11-01T16:16:01","guid":{"rendered":"http:\/\/tampolla.com\/index.php\/2026\/11\/01\/local-and-complementary-currencies-keeping-the-value-of-made-in-cameroon-at-home\/"},"modified":"2026-11-04T17:44:40","modified_gmt":"2026-11-04T17:44:40","slug":"local-and-complementary-currencies-keeping-the-value-of-made-in-cameroon-at-home","status":"publish","type":"post","link":"https:\/\/tampolla.com\/index.php\/2026\/11\/01\/local-and-complementary-currencies-keeping-the-value-of-made-in-cameroon-at-home\/","title":{"rendered":"Local and complementary currencies: keeping the value of Made in Cameroon at home"},"content":{"rendered":"

When a farmer in Bafoussam sells a harvest, how long does that money circulate in the region before it leaves to pay for imports? Often, not long at all. That question led me to write a white paper on local and complementary currencies (LCCs)<\/strong> to support \u00ab\u00a0Made in Cameroon\u00a0\u00bb.<\/p>\n

\"Infographic<\/p>\n

The situation<\/h2>\n

Cameroon in 2026 combines moderate growth (3.3% according to the IMF), heavy dependence on imports and an informal sector that employs the vast majority of workers. Fewer than 20% of people have a bank account in the strict sense, but more than half use mobile money. The lever exists: it should be used to keep value in the regions.<\/p>\n

An LCC is not a rival currency<\/h2>\n

The BEAC holds the monopoly on issuing the CFA franc. The white paper therefore does not propose a new currency, but a digital instrument backed by the CFA franc (1:1 parity, convertible), legally structured as a value voucher or mutual credit system. Its purpose is to boost local purchasing, regional value chains and the social and solidarity economy.<\/p>\n

Three scenarios, one pilot<\/h2>\n