Yaoundé - 30 November 2021 -
Business in Cameroon

Cameroon pays special attention to Swiss investors

Cameroon pays special attention to Swiss investors
  • Comments   -   Tuesday, 11 March 2014 07:03

(Business in Cameroon) - Cameroon has set-up a monitoring committee for the business contacts made during the 9th EMA Invest forum held in October 2013 in Geneva. Chaired by Léonard Henri Bindzi, Cameroon’s ambassador to Switzerland, the committee will assist investors in moving the applications along, obtaining useful information and organising their movements in Cameroon.

During the 9th EMA Invest, held in partnership with the Financial Times began with a very convincing presentation by Julius Bär, a leading private banking company in Switzerland, while discussing Africa’s economic outlook.

Among the plans tabled, that of Addax & Oryx Group has been retained, about which President Jean-Claude Gandur publicly announced his desire to bring investment to Cameroon the way he has done in Sierra Leone, a place that has been distinguished by the UN. The biofuel company aims to attain 10,000 tonnes of ethanol and has been implemented based on the demanding criteria of sustainability and social responsibility. It represents 267 million euros and covers 35,336 acres.

Arborescence Capital is also involved in the development of a 50 MW solar project and 50 MW in wind power. Other contacts were taken to connect the Cameroonian micro-financial sector to specialised Swiss investment fund, such as Symbiotics or Swiss Mining Resources to develop the Cameroonian mining sector.

There are also two hi-tech projects that are currently being implemented in Cameroon: a project conducted by the prestigious American university, UCLA, which involves the construction of a campus and research institution named “Center for Integrative Development”, which will work in permanent contact with California on new technologies. The Institut Polytechnique de Lausanne (EPFL) plans to create, in Yaoundé, a start-up specialised in energy that has been working in health. Contact the monitoring committee at This email address is being protected from spambots. You need JavaScript enabled to view it.

Cameroon plans to raise XAF184 billion from the local banking sector in 2022, the 2022 draft bill currently being reviewed by the parliament reveals....
In its capacity of executing agency for the reconstruction of the Northwest and Southwest, the UNDP resident representative signed a XAF1 billion...
The 700 local firms offering subcontracting services in the Cameroonian electricity sector generate XAF40 billion turnover annually. The figure was...
South Korea will invest XAF4 billion for the construction of three digital campuses in Cameroon in 2022, according to Jonghan Kim, South Korean ambassador...

Mags frontpage

Business in Cameroon n105: November 2021

Forget cash, Cameroonians are in on e-money!

Erwan Garnier: “Clearly, the Cameronian hospitality sector will develop”

Investir au Cameroun n115: Novembre 2021

Adieu le cash Les Camerounais s’emparent de la monnaie électronique

Erwan Garnier: « Le secteur hôtelier camerounais va clairement se développer »

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month