(Business in Cameroon) - Speaking at a one-day talk held during the second edition of PMExchange (the major meeting of Cameroonian SMEs) which will close on December 7 in Douala, Canadian High Commissioner to Cameroon, Benoît-Pierre Lamarée (photo), revealed that trade between Canada and Cameroon went from 18 to 25.5 billion F.Cfa between 2010 and 2012, marking an increase of 41.6%.

The most dynamic trade sectors are agro-foods, pharmaceuticals, infrastructure and mining, mechanical equipment, textile as well as lumber and wood by-products.

This growth in trade between Cameroon and Canada is due to governmental agreements that aim to boost cooperation between the two countries and is also encouraged by private initiatives that have blossomed in Canada and in Cameroon. 

One such case is Forum Africa, a bi-annual event held by the Afrique Expansion group, an arm of the Geram Communications office of Gerba Mallam, which has been connecting Canadian and African operators. Salon Promote is a similar bi-annual event held in Yaoundé, Cameroon’s capital, which receives one of the largest Canadian delegations.

BRM