Cameroon
 Cameroon's President Paul Biya waves outside a polling center after casting his vote in the capital Yaounde, October 9, 2011. (Reuters) Paul Biya, Cameroon’s president for the past 29 years, has been re-elected for another seven-year term. The results of the presidential election in Cameroon were published on 21 October. |
 President Paul Biya and UK ´Minister for Africa´, Henry Billingham, met in July to discuss a wide range of issues “Cameroon is a Commonwealth country, and we believe in the same values: values like democracy, good governance and human rights” Henry Bellingham, UK ‘Minister for Africa’
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Finance
 Essimi Menye, Minister of Finance Grand Projects will create an extensive infrastructural backbone
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Economic vision with depth of field has put the country on a good footing as it moves towards its goal of becoming an emerging market by 2035
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 Louis-Paul Motaze, Minister of Economy, Planning and Regional Development Minister of Economy, Planning and Regional Development Louis-Paul Motaze believes “it is an incontestable fact that foreign direct investment (FDI) is critical for our economy as it enters a new phase of modernisation.”
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The Douala Stock Exchange (DSX) was created in December 2001 as the official market for securities in Cameroon
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 COMING SOON: online November 7th
COMING SOON: A special report on Cameroon, with particular emphasis on the launch of a number of large infrastructural projects initiated by Minister of Finance Essimi Menye.
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 Essimi Menye, Minister of Finance of Cameroon With sights set on diversifying the economy, Cameroon will rely on its vast natural resources
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Infrastructure
 The port city of Douala serves as a transshipment hub for the region and a trade portal for landlocked neighbours From north to south, the country has broken ground at key energy, road, ports, telecoms and water supply projects
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Millions being spent to improve infrastructure and quality of life
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433 Kilometres for the Cameroon-Nigeria Highway.
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International collaborations are helping with the target to double paved roads by 2015
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 Unity, history and astute leadership have created a stable nation that fosters a harmonious diversity The Government is setting out to prepare cities and towns for future growth
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Industry and Trade
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Exchange visits with a network of allied countries are opening more foreign eyes to the nation’s potential
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Electricity, Roads, Energy and Health
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Rio Tinto Alcan (RIO.L) has partnered Cameroon’s Government in Alucam for a project slated to include a one million tonne aluminium smelter at Kribi
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Rich and varied mineral deposits have piqued interest around the globe
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Business and government move forward together
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Along with petroleum, aluminium and lumber, industries such as dairy products and cotton contribute to a diverse economy
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Many African women – both in Africa and in the rest of the world – choose to dress in traditional garb, characterised by lively and colourful cotton prints
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 Paul Biya, President of Cameroon Widely considered a role model for the region, Cameroon has enjoyed political and social stability since its independence. Central Africa’s best kept secret is unveiled here
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Education
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As part of the Cameroon Government’s far-reaching programme of reforms
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Youthful in both history and people, Cameroon puts great emphasis on educating its young population
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The national drive to increase the enrolment of girls in primary school education gained a major boost on May 4 with the launch of the Cameroon Chapter of the UN Girls’ Education Initiative (UNGEI).
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Energy
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The Lom Pangar Hydropower Project (LPHP) is a priority project in the Government of Cameroon’s development strategy to improve access to reliable low-cost hydropower supply for growth and poverty reduction
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 Lom Pangar Hydropower Project is critial to ensuring power supply As well as producing electricity, the Lom Pangar Dam will provide other great benefits
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 A new generation of power plants along the Sanaga River will harness indigenous resources Hydroelectric power provides 95 per cent of Cameroon’s energy output and a 216 MW powerplant at Kribi is the country’s first foray into gas-fired technology
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Memve’Ele, Nachtigal, Bini a Warak and Song-Mbenge
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Public-private alliances are being pushed to power the nation’s ongoing development
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Hydromine and the government of Cameroon are working in tandem – for mutually beneficial results
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Cameroon’s oil and gas industries can generate a healthy return for investors
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 Exploitation of Camreroonian oil resources has yet to be fully maximised Oil profits continue to flow from Cameroon
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Agriculture
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Cameroon needs to exploit the varied climatic conditions which give the country a huge advantage in farming
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The ONCC (National Board of Cocoa and Coffee) was created in 1991 to foster an environment in which the cocoa and coffee industries could do business with limited government intervention
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 Agriculture is still Cameroon’s main industry and source of livelihood The interests and ambitions of the Cameroon Development Corporation reflect those of the country as a whole
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 Makossa Bananas are set to compete with other top brands in the UK and Europe Makossa is not only Cameroon’s music and dance style, but is now a new star brand of bananas
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Agriculture is the third-largest economic sector and provides jobs for 56 per cent of the workforce
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With the gradual diversification of revenue sources under way, economic growth in Cameroon will increasingly rely on exports of agribusiness to generate revenue.
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Tourism & Culture
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According to Clobert Tchatat, Minister of Urban Development and Housing, Cameroon “is greatly diversified in the composition of its population, religions, languages
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A microcosm of landscapes, flora and fauna, Cameroon is often referred to as ‘Africa in miniature’
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Although Cameroon’s Ministry of Environment was created just seven years ago, the Government has long put great emphasis on environmental issues, participating in international conferences and ratifying conventions
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Women’s equality continues to make great strides both socially and in business
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 First Ladies Chantal Biya and Michelle Obama in New York last September Chantal Biya is behind numerous organisations aiding society’s disadvantaged
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 More than 200 traditional dances, each one associated with a different event or situation, express the nation’s cultural diversity Intellectual and spiritual stimulation thrive among the nation’s mix of more than 200 languages and ethnic groups
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Cameroon has a deep and rich musical heritage, dating back to long before the country’s colonial period, but it is also a strong and steady contributor to the world of contemporary popular music.
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 From virgin beaches to wildlife safaris and cultural experiences, Cameroon is open to travellers who seek unique experiences Last year half a million visitors went to enjoy Cameroon’s beauty and hospitality
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H.E. DARWISH BIN ISMAIL AL BALUSHI
Minister Responsible for Financial Affairs, Oman |
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H.E. DR. AHMED MOHAMMED SALEM AL-FUTAISI
Minister of Transport & Communications, Oman |
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H.E. YAHIA BIN SAID BIN ABDULLAH AL-JABRI
Chairman of the Special Economic Zone Authority at Duqm (SEZAD) |
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