Yaoundé - 30 November 2021 -
Business in Cameroon

Vincent Bolloré expected in Cameroon

Vincent Bolloré expected in Cameroon
  • Comments   -   Friday, 11 May 2012 07:48

(Business in Cameroon) - Sources close to Bolloré Africa logistics (BAL) in Douala reveal that the French businessmen should arrive in Cameroun this weekend.

On Sunday morning, he will meet with several African officials of the group in Yaoundé during a lunch at Hilton Hotel. On Monday morning, he will be received by Paul Biya, President of the Republic. Following this audience, Vincent Bolloré will disclose the group's next investment programme in Cameroun.

The major areas concerned by these investments include the deep-water port of Kribi, the Douala Port container terminal and the rail transport sector in Cameroon. It is worth noting that Camrail is part of its portfolio. The State intends to develop this sector by building 3000 km of railroad with China's assistance.

This trip took place virtually three weeks after the arrest of former local administration minister Marafa Amidou Yaya considered in some Yaoundé circles as close to the French businessman.

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...
In its 2022 draft budget submitted for the parliament’s review, the Cameroonian government has introduced a new tax on electronic money transactions. The...

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