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The Ministry of Trade in Cameroon supports the AEDIC association

The Cameroonian Ministry of Commerce has decided to support the AEDIC association with all government institutions interested in the progress and development of economic and cultural relations between Cameroon and Italy. On 28 May 2019, the Cameroonian Ministry of Trade after a close meeting with the ...

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7th edition of Promote in Cameroon

Ended the seventh edition of Promote in Cameroon , from 16 to 24 February 2019.

promote-camerun-2019-africa-centralThe seventh edition of Promote in Cameroon international trade fair held in the country's capital Yaounde.

If you would like to invest in Central Africa, Cameroon has great potential in the area of:

  • Agriculture
  • Breeding
  • Economy of scale in the agri-food sector
  • Public buildings

But what is Promote?

Promote proved and confirmed itself as an opportunity due to the fact that it is the most important multi-sectoral trade fair in Central Africa.

Promote is an excellent showcase for all Italian operatorswhere you can meet international professionals and business opportunities.

Promote is an excellent cultural and business moment to strengthen economic relationsIn this edition Aedic was present with its members followed step by step by our newly graduated journalists eager to accompany entrepreneurs through the various stages in cooperation with our local partner firms of professionals (accountants etc.).

Promote is an excellent cultural and business opportunity to strengthen economic relations between Italy and Cameroon and to highlight the many Italian and Cameroonian excellences in the various sectors and market segments.

Promote is Cameroon's leading exhibition event with over 1200 exhibitors from 30 countries. Thanks also to the country's vocation as a trade hub for all countries in the area CEMACIt is therefore an exceptional multi-sectoral showcase for those interested in promoting themselves in Cameroon and the Central African markets.

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Besix Group wins contract to build Nachtigal power plant (420 MW) in Cameroon

Investing in Cameroon Besix Groupthe Belgian construction company, announces that it has won the contract for the design and construction of the Nachtigal hydroelectric power plant in the Central region of Cameroon, with a generating capacity of 420 MW.

Belgian company Besix Group wins contract to build Nachtigal power plant (420 MW) in Cameroon

This infrastructure will increase the country's production capacity by 30%, according to the World Bankwhich is following the project through the International Finance Corporation (IFC)its subsidiary specialising in private sector financing.

Besix will carry out the work in cooperation with the French company ESN and the Moroccan VTS (General Labour Society Morocco).

The Nachtigal Hydro Power Company (NHPC), the capital of which will be divided between Cameroonian companies for 40% by EDF International, 30% by the State of Cameroon, and 30% by the International Finance Corporation, Nachtigal Hydro Power will cost about 656 billion CFA francs.

"The Nachtigal project, one of the very rare public-private partnerships (PPPs) that have emerged in the hydropower sector in sub-Saharan Africa, will accelerate the achievement of Cameroon's development goals, including poverty reduction."

Elisabeth Huybens, World Bank Director of Operations for Cameroon, said.

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Cameroon skips the 2019 Africa Cup of Nations

Caf, the Football Confederation of African Countries, decided on 30 November that Cameroon will no longer host the 2019 African Cup of Nations (Afcon) due to serious delays in organising the event.

The Caf also states that this decision was taken because of the precarious security situation in the country. The news was given by the president of Caf, the Malagasy Ahmad Ahmad, which explained through an official statement that 'having noted the findings of the inspection team sent to Cameroon, it has determined that Afcon 2019 cannot be exposed to problems that could negatively impact its successful completion'.

Cameroon has fallen too far behind in the work needed to be able to host an African Cup of Nations from 15 June to 13 July next year, meeting the organisational criteria of the continent's most prestigious sporting competition.

There is no denying that organising a large-scale sporting event has very high costs, as well as requiring years of planning and investment to ensure adequate facilities are in place. This is an arduous financial commitment to bear for almost all nations and in particular for Cameroon, which in the world wealth ranking, based on Gross Domestic Product (GDP) - PPP per capita, occupies 183rd position out of 229 countries.

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Cameroon - Paul Biya a strong confirmation in the elections

 

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

paul biya elections 2018 victory in cameroon

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.

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Cameroon will present a project to the World Bank to bring electricity to 687 localities

Investing in Cameroon - By December 2018, the government of Cameroon aims to present to the World Bank Board of Directors, for funding, a project to electrify 687 localities in the country, through the construction and rehabilitation of lines. According to information revealed on this ...

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Africa Cup of Nations Piccini changes top job in Cameroon

La Piccini appoints a new project manager for the construction of the Olembe sports complex, replacing Belgian Marc Debandt, who has resigned

Piccini Group appoints a new project manager at the Olembe sports complex, replacing Belgian Marc Debandt, who resignedThe Italian Piccini Group announced that Frenchman Benoît Fabre has been appointed project manager for the construction of the Olembe sports complex, replacing Belgian Marc Debandt, who resigned. The new project manager was appointed on 17 February 2018, 24 hours after the resignation of the Belgian.

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Cameroon - Elections 7 October and the Anglophone Crisis

The Catholic Church has proposed in an episcopal letter to the "people of God who are in Cameroon, to all Cameroonians", to vote in the next elections, "candidates capable of dealing with the socio-political crisis" that Cameroon is going through. In the same letter from which VOA Africa obtained ...

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