The aim is to share the costs, risks and benefits of drilling the Matanda gas block. The Matanda gas company, located between the Coastal and Southwest regions, is looking for an international partner. In a briefing note ...
On 1 January 2021, the world's largest single market opened, and the African customs union was formalised, so investing in this new market that quietly opened in 2020 as the African single market means not only making investments for an immediate economic return, but also occupying a dominant strategic position in a market that has yet to be developed.
Investing in Central Africa " In terms of investment, I think Nomayos is the most important. When we go to Nomayos today, almost 200 people are working, some Chinese and many Cameroonians.Civil engineering is well advanced, a new crusher is on the site. In less than a year, Nomayos will be producing.“
This was said in an interview by Peter Damnon, former General Manager of Cameroon Cement Production (Cimencam), a local subsidiary of Lafarge, Holcim Group, who officially handed over his position to Benedict Galichet on 9 July 2018.
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'.
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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