Yaoundé - 06 August 2020 -
Public management

Cameroon: Investment promotion actors should “streamline” actions to let API better play its role (study)

Cameroon: Investment promotion actors should “streamline” actions to let API better play its role (study)
  • Comments   -   Tuesday, 17 March 2020 14:36

(Business in Cameroon) - In Cameroon, the Investment promotion agency API’s actions are limited by lack of resources and weak synergy between actors involved in the promotion of investments. These were the comments made in a recent study funded by the UNDP.

In the study titled: “Évaluation du financement du développement [EFD] au Cameroun” (assessment of development financing in Cameroon), the API is qualified as an institution in charge of elaborating and publishing a projects database.

The study reveals that the AfDB has noticed an overlap between the prerogatives of the API and those of ministerial departments (Ministry of Economy, Ministry of Mines, Ministry of Trade, Ministry of Finance, etc.). This prevents the investment promotion agency from efficiently playing its important role as its peers in Senegal (Apix), Morocco (Amdi) or Ghana (Gipc) are doing.

"EFD-Cameroon recommends streamlining the interventions of actors involved in investment promotion in Cameroon so that the API can play its role as an investment promoter both inside and outside the territory," the study concludes.

In early 2019 the API indicated that since its launch in 2010, it has signed 171 investment agreements (about ten per year) for an amount exceeding XAF1,000 billion.


On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...
“Ibom Air currently deploys a fleet of five 90-seat Bombardier CRJ900 regional jets,” an article published on Forbes on August 4, informed. According to...

Mags frontpage

Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon

Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”

Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns

Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »