International Economic Conference: Biya welcomes Multi-billion investors to Yaounde today

President Paul Biya will welcome several multi-billion investors to the international economic conference which opens at the Yaounde Conference Center today.

We gathered the Head of State will officially open the two day event which theme is theme is “investing in Cameroon; a land of attractiveness,”at 11am after a welcome note from the government to Yaounde City Council.

Keynote speakers at today’s ceremony will include the former president of the European Union Commission Jose Manuel Barosso who is equally a former Portugese PM. Former Korean prime minister Chung Lin-chan and the chairman of the United Bank for Africa, Tony Elumelo are expected to equally present keynote addresses.

Meanwhile economy minister Lousie Paul Motaze said at a press conference in Yaounde on Sunday that the confab which is expected to bring together some of the finest economic and business experts from around the world, seeks to once more showcase Cameroon’s huge potentials to prospective billionaire investors.

The minister revealed that apart from Cameroonian experts high ranking personalities to attend the event will include; the former head of the European the immediate past president of the African Development Bank, ADB, Donald Kaberuka, the president director general of the Castle Group, the former director general of the World Trade Organisation Pascal Lamy, WTO and Africa’s richest man, Aliko Dangote, to cite a few.

On the whole, more than 500 participants comprising ministers, representatives of African and international development institutions, as well as business leaders, investors and financiers will be attending the mega conference which will also be a veritable opportunity to review Cameroon’s economic assets and the abundant investment avenues for industrialists in various sectors of the economy, including; agriculture, information and communication technologies, health, sports and transport.

To the minister, the conference will also strive to discuss and proffer concrete and pragmatic solutions to further improve Cameroon’s investment terms and conditions which all fall within the broader framework of Cameroon’s  vision of becoming an emerging country by 2035.

During the two-day international conference which is expected to be heavily-attended, the minister said there will be five round-table sub-conferences during which attendees will brainstorm on a wide range of issues including, how to make the Cameroon business climate friendlier with the attendant goal of attracting huge private sector investments.

Minister Motaze said the brainstorming, which will principally be during the first day of the forum, will also discuss the private sector’s strategic role in driving growth, the impediments as well as factors that can favour private sector investment in Cameroon and the role of the digital economy policy of the head of state, to mention these.


The forum comes just about two months after the Cameroon business forum held in Douala during which leading business figures in the country converged to discuss ways and means of expanding and bettering Cameroon’s business space.

 By Mbom Sixtus in Yaounde


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