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.

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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.

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.

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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 ...

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.

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Italy's investment in Cameroon grows Stadiums and Hotels

From hotels to stadiums: Italy's investments in Cameroon are growing

Hotel Kristal Douala built by plastic Italians It will be one of the most beautiful and luxurious hotels in Douala and will be the first five-star hotel in Cameroon.

The Kristal Palace will be built in Douala, the country's economic capital, will have 240 rooms and bear a double Italian signature: that of the Milan interior design studio Premoli Silva, which realised the project, and that of Tecno Spa, as general contractor.

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Cameroon: over 100 billion CFA Francs to build and rehabilitate water infrastructure in 13 cities

Yaoundè - Partly funded by Great Britain, the project will improve the supply of drinking water for at least 40,000 people.

Water mains will soon be built or rehabilitated in 13 cities across the country. Commercial support of USD 201 million (over FCFA 100 billion) related to it was signed some time ago between the British company Buy Water and the Cameroon Water Services Company (CAMWATER).

Camwater was established in December 2005 from the ashes of the National Water Company of Cameroon (Snec), Camwater, with hundreds of agents, has as its mission the research and monitoring of investments, asset management and control of the activities of the operating company responsible for project implementation.

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Veolia sets up in Cameroon

French Veolia Group's Seureca consulting engineering division installs in Cameroon Olivier Duthoit, head of French-speaking Africa at Seureca, the consulting engineering division of the Veolia Group, installed the French company's Cameroon branch in Yaoundé on 8 December 2016, in the presence of ...

Mario Balotelli's ex-girlfriend Fanny Neguesha flew to Cameroon for a humanitarian trip with the sole purpose of doing good.

Fanny Neguesha travelled to Cameroon, to Doula, the country's south-western city, the largest urban centre and capital of the Littoral region and the department of Wouri, to experience a humanitarian trip with the aim of doing some good for the neediest people.

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Paul Biya and Huawei agree to develop fibre optics in Cameroon

Paul biya in china for wawey signs fibre optics and IT agreement A full and satisfying state visit in the People's Republic of Chinain which President Paul Biya signed several agreements on ITC and telecommunications.

One of the highlights of this trip, which started on 26 March, was a visit to the Huawei Executive Centre. Paul Biya spoke with Peng Song, North Africa Director of Huaweiwhich examined the Chinese operator's action for the development of Cameroon's digital economy.

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Africa Cup 2019 in Cameroon is built by the Piccini group

The Umbrian Piccini Group will build the new stadium and sports citadel in Yaoundé, the capital of Cameroon where the final phase of the African Cup of Nations will take place between the end of 2018 and the beginning of 2019. The agreement became operational thanks to the credit granted directly to the country ...