(Business in Cameroon) - Since 2010, when the Investment Promotion Agency (IPA) launched activities in Cameroon, nearly 61,000 jobs have been created, according to a statement recently published by Marthe Angeline Minja (photo), the Managing Director.
Ms. Minja says that IPA has made it easier for investors to obtain visas, fostering the signing of 171 agreements for more than XAF1,000 billion. “The Investment Promotion Agency has done a lot of things. We have supported the government in improving the business climate; we have created IPA reception offices at international airports. It will be extended to other airports,” she said.
According to Ms. Minja, despite the insecurity in some regions (Northwest, Southwest and the Far North) of Cameroon, the country remains a relatively popular destination. This is due in part to the natural resources and the bilingualism (English and French) in the country. Also, openings to the sea, and deep-water ports exist. Moreover, the country will soon be energy self-sufficient. “Cameroon is a large market,” she concluded.