UK investors head to Cameroon for high-level trade and investment mission

PhilmonYang cameroonPhilémon Yang, Prime Minister of Cameroon. (Image source: DMA)The government of Cameroon will host a distinguished group of business leaders in Yaoundé for a high-level investment mission from 8-10 December 2015

The mission is being organised by DMA and provide a unique opportunity for investors and business leaders to deepen relationships in Cameroon. It will also allow them to secure new investments and witness first-hand the opportunities in one of Africa’s emerging markets.

Organised by DMA, and supported by FCO and UKTI, the trade mission will take a group of current and potential private sector investors in Cameroon to meet with Prime Minister Philémon Yang and his cabinet in order to build on the momentum gained from the highly successful UK-Cameroon Trade & Investment Forum (also hosted by DMA in London back in 2014).

Yang said, “We are a country with huge potential. Amongst other things we can offer a young and often bilingual workforce, huge areas of unexploited mineral wealth, potential for both onshore and offshore oil finds, ability to be the trading hub for the region with our ports and transport links and a growing tourism industry based upon our unique topography, culture and natural wonders.”

The meetings will highlight Cameroon’s economic outlook, key sectors for investments (infrastructure, industry and energy, agriculture, tourism, environment, education, security and technology), partnership opportunities, the supportive legal framework for FDI and the competitive workforce ability. In addition, DMA is arranging sector specific roundtables and 1-2-1 meetings to take place in the margins.

Cameroon is often referred to as Africa in Miniature due to its diverse climate, geology and economic activities. Its the main hub for FDI in central and West Africa. Recently, African Economic Outlook projected that the company’s growth would remain strong at 5.5 per cent, driven by a diversification policy, the tertiary sector and impending completion of large infrastructure projects such as the Lom Pangar hydropower dam and power plant.

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