Cameroon - Paul Biya a strong confirmation in the elections

 

Presidential elections in Cameroon: Paul Biya was reconfirmed and elected for the seventh time. <>

Announced by the Constitutional Court of Cameroon through its President Clement Atanganawho read out the results during a ceremony held at the Yaounde Conference Centrefollowed live by state broadcaster CRTV

Which you can see below

In the past President Paul Biya worked together with his staff to put the country on the road to progress both in the agricultural sector and in facilitating industrial development.

An example of the policy of Paul Biya's presidency is the construction of the Nachtigal dam, which will save Cameroon $ 100 million a year in electricity

Contract won by European company Besix Group

The Confirmation Result of the Presidential Election bodes well for the development of both Cameroon and the whole area CEMAC which has a market of over 200 million people.

Cameroon therefore confirms itself as an excellent partner for entrepreneurs and companies seriously interested in being present in a strategic and secure market, where we find Ferrero, Nestlé, Huawei for development of Cameroon's digital economy.   MTN is working to expand the mobile phone market with excellent results on the market and many other companies in other sectors are following suit. Orange - MTN cover almost the entire territory of Cameroon. The Italian dual band mobile phones Vodafone and Tim work in the main cities of the country.

These elections They also reconfirm the interest for foreign investments in a strategic area like Cameroon. Italy is also present with important investments in the fishing world.

Everyone has already realised that being present in Cameroon pays off.

With the reconfirmation of victory at the presidential election of President Paul Biya concessions and the favourable tax regime for companies operating in the country, for those wishing to invest in this rapidly developing area of Central Africa.

This law is intended to entice investors, it grants companies tax exemptions ranging from 5 to 10 years, both during installation and production.