Blog - AEDIC

CAMEROON - Jesuit Fathers develop training projects

Douala - The Jesuit Fathers promote both micro-entrepreneurship projects and also save banana trees from extinction. This is the project launched in Douala capital economic by the Cameroon Jesuits. An initiative that has a double value, educational and naturalistic, in a context not as simple as that of the African country.

Fides Agency is carrying out these interesting projects in Cameroon where more than three million boys and girls have not reached the minimum level of schooling. 70% of girls are illiterate.

This phenomenon is particularly visible in the northern regions, where more than one million girls between the ages of 10 and 19 cannot read or write (31.9% of girls in the region).

Africa Cup - Cameroon takes Clarence Seedorf as coach and Patrick Kluivert as deputy

It is official, the Cameroonian minister of sport has announced: Seedorf has been appointed as the new selector of the Indomitable Lions. The agreement with Sven-Goran Eriksson has evaporated. After an unlucky spell at Deportivo La Coruña, Clarence will be joined by former team-mate Patrick Kluivert Seedorf, born in 1976, is a four-time Champions League ...

Cameroon grants 5 to 10 years of tax and customs exemptions

Cameroon grants 5 to 10 years of tax and customs exemptions to projects financed by those who invest in Cameroon Investing in Cameroon - On 6 August 2018, in Yaoundé, the Cameroon Investment Promotion Centre (Cameroon Investment Promotion Agency - ...

Business in Central Africa - Raubex Renovo will build a shopping centre worth USD 53 million in Douala

A modern shopping centre, complete with convention centre and cinema, will enrich the capital Cameroon's financial , Douala, by the end of 2019 thanks to the South African construction company Raubex Renovo, which is already at an advanced stage of construction.

The 45% at the Douala Grand Mall will be part of a larger development that will include a five-star hotel, offices and residential flats under construction in the near future.

"The mall and convention centre will signal to the world that Cameroon is on the move and attracts more visitors for business shopping and leisure,

says Matthys Serfontein, Head of Development at Raubex Renovo.

"Our modern planning and construction methods combine with energy-efficient design to make the shopping centre stand out significantly from its local competitors.

How big will the shopping centre be?

Its size, to begin with, is significant; it is said to be the largest commercial centre in Central Africa when completed with an area of 25,600 m2 of which 18,732 m2 retail on two levels.

The World Bank is preparing to sign a financing agreement with BEAC

Investing in Cameroon - The Bank of Central African States (BEAC), which prints the XFA currency for Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic and Chad, has just received board approval to sign a financing agreement with the Bank of Central African States (BEAC).

Why invest in Cameroon?

Investing in Cameroon - There are several economic and social factors that make Cameroon an excellent entry point for Italian companies like yours in Central Africa.

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We can say that Cameroon is the natural gateway to Central Sub-Saharan Africa.

Stability of Cameroon

The Democratic Republic of Cameroon is one of the most stable countries in central sub-Saharan Africa.

The Cameroonian government has managed to maintain a high level of internal political stability for over 40 yearsThis has enabled the emergence of a private sector and the creation of one of the most diversified economies in the region.

The risk of investment losses is relatively low compared to other neighbouring countries, also thanks to legislation that protects foreign investments in the country. Moreover, the Cameroonian people attach great importance to maintaining social stability as a common good and as a prerequisite for the growth of the country and society.

Central Africa Cameroon - Country Profile

Cameroon's growth remained strong in 2014 at 5.3%, but fell short of the average growth target of 6% set for the 2010-20 period as set by the Growth and Employment Strategy Paper (2010-20 GESP), which aims to integrate Cameroon into the group ...

INTERNATIONAL MONETARY FUND - IMF

fr. Fonds Monétaire International-IMF; engl. International Monetary Fund-IMF; sp. Fondo Monetario Internacional-FMI; ted. Internationaler Währungsfonds-IWF. Multilateral financial organisation, with headquarters in Washington and a European headquarters in Paris, uniting 187 countries. It grants credit and technical assistance but is neither an international bank nor a ...

Investing in Central Africa - Cameroon - Immergas goes to AFRICA

Yesterday, a meeting on investment opportunities in the Republic of Cameroon was organised in Reggio Emilia by CNA Industria.

'Cameroon offers many opportunities,' the business delegates emphasised in a video conference from the capital Yaoundè, 'also in view of a major event such as the African Cup of Nations football tournament that will be hosted in Cameroon in 2019.

They are possible, since Cameroon's currency, the Central African cfa franc is pegged to the euro, business partnerships, to set up production activities and entrepreneurial training programmes. The Italian small and medium-sized enterprise system can be a model for Cameroon's development'.

immergas in africa cameroon invest Andrea Benassi, Coordinator at Immergas for International Business Development, accompanied by Sandro Zanichelli, Immergas Technical Marketing Consultant, commented positively on the outcome of the meeting.

"Immergas is not yet present in Cameroon," said Benassi, "but gas is available in the country and opportunities are opening up for air conditioning systems, for those dedicated to the production of domestic hot water (which is also needed for hospitals, schools and other public facilities). In addition ImmerEnergy can provide important know-how on renewable energy systems and energy efficiency.

Twinning between the port of Taranto and Kribi

Floriana de Gennaro motion municipality of taranto for twinning with kribi On 3 July, the city councillor sent Floriana de Gennaro a motion to the municipality of Taranto concerning a twinning between the port of Kribi (Cameroon) and that of Taranto.

Kribi is a coastal town in the Republic of Cameroon where the largest and most modern deep-water port in Central Africa opened this year.

The singular proposal, in the form of a motion that the Independent Group for Taranto submitted to the municipality.