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Africa Cup 2019 - Banca Intesa finances Paul Biya Stadium in Cameroon

Thanks to Banca Intesa Sanpaolo, the 2019 African Cup of Nations will be celebrated in the grand new Paul Biya Stadium in Cameroon.

paul_biya africa_cup stadiumItaly exports its 'Made in Italy' will be present at the next edition of the African Cup of Nations, a football event that is very popular on the African continent and will see its final phase in Yaoundèthe capital of Cameroon in late 2018 and early 2019.

The Piccini Group, based in Perugia, is finishing the construction of the new football stadium with a capacity of around 60,000 spectators and a sports citadel that will house the teams and accompanying sports delegations: the whole thing will be the largest sports facility in the African country at a total cost of around 250 million euros.

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BANQUE DES ETATS DE L'AFRIQUE CENTRALE - BEAC

BEAC (Bank of Central African States- BCAS). It originated from the Banque Centrale des Etats de l'Afrique Equatoriale et du Cameroun (BCEAEC) which in turn derived in 1959 from the reorganisation of the Institut d'Emission de l'Afrique Equatoriale Francaise et du Cameroun. The transformation of the BCEAEC into BEAC took place in ...

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port-of-kribi-port-of-kribi

Trump's Kribi port 'will open bright prospects' - Central Africa

In 2017, former US President Donald Trump commented positively on the Kribi port project in Cameroon, describing it as an initiative that will 'open up bright prospects' for the region. Trump emphasised the importance of the port in strengthening the economy of Central Africa, seeing it as a significant opportunity for the ...

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President Sergio Mattarella Visits Cameroon - 2017

President-Sergio-Mattarella-along-with-President-Paul-Biya-in-Cameroon

Below are some excerpts from the interview given to Vita by the former Italian ambassador to Cameroon Samuela Isopi which you can read in full on VITA, if you want at the end of the article you will also find the video of the statements by Italian President Sergio Mattarella

Below is an excerpt to better understand the opportunities that Italian entrepreneurs have both economically and strategically.

Let me remind you that Cameroon is a country in a strategic position, with duty-free access to as many as 40 African countries (point Franco).

Dr. Samuela Isopi he says: During President Mattarella's visit in 2016, his Cameroonian counterpart asked us to strengthen economic cooperation between Italy and Cameroon, which is the condition sine qua non development of the local private sector and the ability to attract new foreign investors. With this mission, we want to facilitate a meeting between the Cameroonian and Italian private sectors and convince our country's entrepreneurs to invest in this country, despite the problems that exist.

 

Cameroon, like I believe the rest of Africa, needs more trade, more economy, to create jobs for young people and generate income. Development cooperation alone is not enough and should be more oriented towards the development of the economy, through support for private enterprise, capacity building

map-del-camerun-150x150human resources and the transfer of know-how. These are the two things the Cameroonians have been asking for: more enterprise and more quality training on the ground. Not more aid.

Indeed, Cameroon is often criticised for its lack of good governance and widespread corruption. How to convince entrepreneurs to invest in a country with such untapped potential?

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ESCB

ESCB Acr. of: European System of Central Banks (fr. Système européen de banques centrales SEBC; Engl. European System of Central Banks -ESCB) consists of the European Central Bank (ECB) and the National Central Banks (NCBs) of the EU Member States (15 as of 2001). It is provided for in the Treaty of ...

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BANQUE DE DÉVELOPPEMENT DES ÉTATS DE L'AFRIQUE CENTRALE - BDEAC

BDEAC Engl. Central African States Development Bank Multilateral development bank established on 3.12.1975 with its head office in Brazzaville (Congo) by the six Central African countries, all from the French franc area, which form a monetary union, the UMAC franc CFA: Cameroun, Chad, Gabon, Equatorial Guinea, Central African Republic, Republic of Congo ...

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Africa: Cemac countries want to accelerate economic partnership agreement negotiations with EU

CEMAC - Since 2015, Central African states have been aiming to accelerate negotiations for an Economic Partnership Agreement (EPA) with the European Union. This was the outcome of the 2015 summit of heads of state of the member states of the Central African Economic and Monetary Community (Cemac) ...

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2016 - Veolia sets up in Cameroon

veolia cameroonSeureca's engineering consulting division of the French group Veolia settled in Cameroon.

Olivier Duthoit, head of Francophone Africa at Seureca, the consulting engineering division of the Veolia Group, installed the Cameroon branch of the French company in Yaoundé on 8 December 2016, in the presence of the Minister for Water and Energy (Minee ) Basil Atangana Kouna.

According to Olivier Duthoit, the opening of this third Seureca office in Africa, after those in Nairobi (Kenya) and Libreville (Gabon)

"It marks a strong desire on the part of our general management to establish itself definitively in Cameroon.

Although it was in 2016 that the company established itself in the country, it has been working there since 2010. It has realised 3 projects with Camwaterthe water sector incumbent, whose urban and peri-urban hydraulics master plan touches 137 cities.

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A.E.D.I.C.
Cameroon - Yaounde
Italy - Gorizia

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