Cameroon: companies to make financial market bids on-line by 2015

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Cameroon: companies to make financial market bids on-line by 2015

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- Thursday, 27 February 2014 03:37

(Business in Cameroon) - The Cameroonian government and the Korean International Co-operation Agency (KOICA) has just started the “e-procurement” project which will introduce the use of the internet for financial market activities in Cameroon.

Through this project, which will be operational in 2015, any bidder will be able to access calls for offers to find out information about bidding guidelines and, later, send the file through the same channel.

E-procurement should increase the speed and transparency of Cameroon’s public markets procedures. Minister of Financial Markets, Abba Sadou (photo), affirms that the focus for now is putting all the procedures on-line.

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