The "New Deal" is the name given to the policy implemented in the 1930s in the United States to deal with the economic crisis of 1929. It was implemented by the American president Franklin Delano Roosevelt (1882-1945) in several phases between 1933 and 1938.
By 1933, due to an unprecedented economic crisis and depression, American production had halved that of 1930, agricultural prices by 25% to 50%, and unemployment reached a quarter of the working population. The origins of the crisis that followed directly from that of 1929 were attributed to the inherent instability of the markets. The intervention of the federal state in the economic and social fields had appeared necessary to revive the economy and bring stability and rationality in a market economy which had become failing.
Along with the definition of the company's name, Newdeal Cameroon was created in a context dominated by Covid 19, characterized by not only a serious, very contagious and deadly pandemic affecting the whole world, but also as a consequence, a deep economic recession resulting in the closure of several companies due to bankruptcy, or compliance with barrier measures. Several Cameroonians find themselves on the street overnight.
Several local and international partners found themselves without interlocutors or faced with weakened interlocutors.
Newdeal Cameroon, as President Roosevelt did in 1933, is created by its promoter with the aim of offering a reliable alternative in the local but also international context for economic recovery. Ional for economic recovery.
Newdeal Cameroon is therefore looking for serious partners, both local and international, who are looking for services in its field of qualification. We remain open to any solicitation that could help our client achieve their goals anywhere in Cameroon. Given the promoter's experience, his rigor in monitoring activities, the wide range of our activities, our target is thus very open and diversified, from small local investors, to large multinationals.