(Business in Cameroon) - Last September 26, in Yaoundé, Cameroon’s trade minister received a delegation of French businessmen led by Hervé Daudin, product manager of the Casino group.

Hervé Daudin said that Casino intends to build between 10 and 15 stores in Cameroon. This will create 1000 directs jobs for a CFA20 billion investment. The group intends to supply Cameroon’s markets with quality products at low prices in the framework of the government's strategy to tackle the problem of high-cost of living.

After the construction of the stores in Yaoundé and Douala, Ngaoundéré and Bafoussam will also welcome the group's new stores.

“It is an evidence of the government's will to modernize large-scale distributions (...); extensive retail spaces remained elitist till now. It is important to meet standards. Civil society members wish to see national resources valorized".

Casino also intends to invest in the agricultural sector in the western, coastal and northwestern regions of Cameroon.

S.A