“(Business in Cameroon) - I see an advantage in studying the possibility of developing biofuels from certain agricultural waste in Cameroon, as it is done with success in some African countries apparently,” President Paul Biya said on December 31, 2007 in his traditional end of year message to the Cameroonian people. Since 2007, Cameroon is yet to identify crops and the appropriate site to be used.

At the Ministry of Water and Energy, the Biofuel Development Project is still in its early stage.

It would take a budget ranging between CFAF 50 and 60 billion (€ 91 million) to research on the biofuel potential of Cameroon, according to Jacques Noutang Betchem, Senior Research Assistant at the Studies and Forecasting Unit  of the Ministry of Energy and the Water. “The government has already taken the first studies that simply need to be validated. Based on these studies, investors can inquire about investment opportunities in the biofuel sector in Cameroon,” he says.

“Currently, the government is calling on investors to support the completion of this project,” notes Jacques Noutang Betchem.

B-O.D/J.V