(Business in Cameroon) - On May 17, 2018, Paul Biya granted an audience to the United States of America’s ambassador to Cameroon Peter Henry Barlerin.
“The president agreed with me on the importance to let American companies establish in Cameroon and treat them right”, the diplomat said at the end of the closed-door meeting.
According to Mr. Barlerin, American countries has many things to offer in terms of workforces’ not only in training and development but also in technology and respect for the environment and human rights.
The diplomat explained that he presented the advantages of the “U.S. Foreign Corrupt Practices Act” which considers bribery as a crime. Therefore, with that law, Americans can deliver better products and services to Cameroonians without shady embezzlement practices.
It is important to note however that between 2014 and 2017, the USA has invested $2 billion (about CFA1,114 billion). They have invested mainly in the airline (Boeing) and railway (General Electrics) sectors.
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