Business in Central Africa - Cameroon - A delegation from the Autonomous Port of Kribi (PAK), in southern Cameroon, recently went to Bangui, Capital of the Central African Republic (CAR), to meet with the Central African Shippers Council (CCAC).
During two days, the PAK informs, the two sides exchanged views on a number of issues of common interest. At the end of the work, four consensual areas of cooperation were identified: the establishment of a joint team responsible for the implementation of the memorandum of understanding signed on 26 February 2019 by the two structures; the exchange of information and the implementation of promotional campaigns; the development of the space (15 ha) allocated by PAK to the RCA and a final component dealing with monitoring and evaluation.
Through this memorandum of understanding, the PAK, for example, it has undertaken to grant the RCA a reduction of 30% on goods, of 25% on stowage and the 75% on parking penalties.
The volume of goods to or from the CAR shows an increase of 991 TEU (measure of containers that includes 20ft and 40ft containers) in 2019 versus 386 TEU in 2018. represents an increase of almost 70% over 2018.
All these exchanges were made by well-known RCA customers such as Timberland Industries; Vicwood RCA; Tahnry RCA; Socimco; Sinfocam; Central African Carpentries.
Managing risk in Africa calmly and professionally
Thanks to important bilateral recognitions and collaborations with institutions, port agencies etc, for your economic breakthrough in Africa, AEDIC offers the opportunity to enter a safe harbour, with tax benefits and tax relief for 10 years, concessions and low cost of highly educated skilled labour in central location in AFRICA.
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Watch this video to better understand what we are talking about.
[su_youtube url="https://www.youtube.com/watch?v=P0savsBM0CA" title="investing in africa in Kribi (Cameroon)"]
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