La quatrième édition du Cameroon Investment Forum a eu lieu dans la ville de Douala sous le thème : « l’attrait des investissements productifs dans les chaînes de valeurs agricoles et halieutiques en vue d’intensifier la dynamique d’import-substitution au Cameroun : focus sur les filières riz, maïs, poisson, lait et palmier à huile. »
Au cours de cette édition l'objectif principal de l'Agence de Promotion des Investissements (API) organisatrice de ce forum a été de sensibiliser l’écosystème entrepreneurial camerounais ainsi que les partenaires sur les enjeux de la politique d’import-substitution et d'attirer les IDE (investissements directs étrangers). Les articulations majeures de ce forum ont été le panel ministériel pour préciser les orientations politiques dans le sens de l’import-substitution, le panel technique qui a permis de mettre en exergue le problème de l’import-substitution et les outils existants pour implémenter ce changement de paradigme dans une dynamique positive. Cet évènement a été articulé autour d’un panel politique, un panel technique, des salons thématiques, le marché de l'investissement et la soirée de gala des investisseurs.

Le #MINPMEESA au delà de la mobilisation des PME pour leur participation à cette grande rencontre, a brillamment contribué au panel ministériel durant lequel le ministre des PME, de l'Economie Sociale et de l'Artisanat Achille BASSILEKIN III s'est exprimé en plénière sur le thème « intensifier la contribution des PME à l’accélération de l’import-substitution et à la promotion du Made in Cameroon ». Une opportunité idoine pour le ministre de rappeler le rôle et l'importance des #PMEESA au Cameroun, les obstacles auxquels font face ces PMEESA et le dispositif d’accompagnement déployé pour accélérer la dynamique d’import-substitution.
Les débats aussi bien au niveau des panels qu’au niveau des salons thématiques sont longuement revenus sur la mise en place par l'Etat du fond de garantie de 200 milliards de FCFA dont les contours ne semblent pas encore biens assimilés par les bénéficiaires et aussi la nécessité de produire en respectant les normes de qualité, mais également l'importance de densifier les petites unités de transformation.

Cameroon-European Union: Time for Great Opportunities
The Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey and the Hors Classe Adviser at the Directorate General for International Partnerships at the European Union, Ben Henrik Hololei, who was leading a European Union Delegation, discussed about the opportunities to seize during the Cameroon-European Union Business Week, amongst others. It was during an audience at MINEPAT this Monday, February 19, 2024, in Yaounde.
After the Closed door audience, the head of the European Union delegation Ben Henrik Hololei, explained to the Media that it was an opportunity for them to discuss with the Minister of the Economy, on several aspects of the Cameroon-European Union cooperation. One of them being the Cameroon-European Union Business Week scheduled from February 20 to 22 2024, which is projecting to bring together about 150 Economic companies. He added that this will be a good occasion to have more investments and more partnerships.
The Head of the European Union Delegation also explained that they remarked to the Minister that Cameroon is not only an important partner to the EU but is equally a country that is radiating the stability and peace in this region. He greatly appreciated the efforts undertaken by government and also the Minister personally to enhance this.
Mr. Ben Henrik Hololei also said they looked at the many projects of the Cameroon-European Union; in the areas of transport, energy and digital amongst others, mentioning that they are good for the development of the country. He talked of creating jobs and creating opportunities, particularly focusing on younger people, because every year about 400,000 young people enter the labour market and if there be opportunities for them the more successful the country will be.

#Minepat Cameroun

Take the appointment with the West and Central Africa Investment Summit first edition from May 23 to 24, 2024 at the Krystal Palace Hotel under the theme : « Environmental, Social and Governance investments in Sub-saharan Africa ».

An event focused on private financing, bringing together companies/ projects from Central and West Africa and foreign investors wishing to penetrate the Sub-saharan African markets.

☎️ : (+237) 674 09 24 40/ 691 07 03 37
📧 : ****** owaca-invest.com

#WACA
#Investment
#finance

𝗖𝗔𝗠𝗘𝗥𝗢𝗢𝗡 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 𝗙𝗢𝗥𝗨𝗠 𝟮𝟬𝟮𝟯 :

Retour en images sur la première journée de la 4ème édition du Cameroon Investment Forum.
Une édition considérée comme celle de la relance, place la problématique de l'import-substitution au centre des débats. D'où le thème :
𝑳'𝒂𝒕𝒕𝒓𝒂𝒊𝒕 𝒅𝒆𝒔 𝒊𝒏𝒗𝒆𝒔𝒕𝒊𝒔𝒔𝒆𝒎𝒆𝒏𝒕𝒔 𝒑𝒓𝒐𝒅𝒖𝒄𝒕𝒊𝒇𝒔 𝒅𝒂𝒏𝒔 𝒍𝒆𝒔 𝒄𝒉𝒂𝒊𝒏𝒆𝒔 𝒅𝒆 𝒗𝒂𝒍𝒆𝒖𝒓𝒔 𝒂𝒈𝒓𝒊𝒄𝒐𝒍𝒆𝒔 𝒆𝒕 𝒉𝒂𝒍𝒊𝒆𝒖𝒕𝒊𝒒𝒖𝒆𝒔 𝒆𝒏 𝒗𝒖𝒆 𝒅'𝒊𝒏𝒕𝒆𝒏𝒔𝒊𝒇𝒊𝒆𝒓 𝒍𝒂 𝒅𝒚𝒏𝒂𝒎𝒊𝒒𝒖𝒆 𝒅'𝒊𝒎𝒑𝒐𝒓𝒕-𝒔𝒖𝒃𝒔𝒕𝒊𝒕𝒖𝒕𝒊𝒐𝒏 𝒂𝒖 𝑪𝒂𝒎𝒆𝒓𝒐𝒖𝒏 : 𝒇𝒐𝒄𝒖𝒔 𝒔𝒖𝒓 𝒍𝒆𝒔 𝒇𝒊𝒍𝒊𝒆𝒓𝒆𝒔 𝒓𝒊𝒛, 𝒎𝒂𝒊𝒔, 𝒑𝒐𝒊𝒔𝒔𝒐𝒏, 𝒍𝒂𝒊𝒕 𝒆𝒕 𝒑𝒂𝒍𝒎𝒊𝒆𝒓 à 𝒉𝒖𝒊𝒍𝒆.

Jusqu'au 19 avril 2024, au Best Western Hôtel de Douala, rejoignez-nous pour explorer les opportunités d'investissement passionnantes au Cameroun et établir des partenariats stratégiques.

#CIF2023 #API #Cameroon 🇨🇲 #CameroonInvestmentForum

"We Must Go to West Africa(🇳🇬🇬🇭l🇱🇷🇸🇱🇬🇲...) Akumba Music will punch harder into that market" - Achu Normad.

The founder & CEO of Akumba Music, Achu Normad encourages investors in the entertainment industry to target the west African entertainment industry.

He writes 👇
"We Must Go to West Africa!!! Watch my ***** e for the next 6-12 months, Akumba Music will punched harder into that market in an attempt to connect our English Community to it. We must go west!!!

For years, our artist went towards French Africa but it has proven not to be sustainable. This is because the entertainment culture is NOT our culture and we don’t even speak the language. We have had to adapt and ended up losing creativity in the process.

Also, Central Africa doesn’t have the financial infrastructure to support modern day commerce hence the discouraging return on investments. There’s some kind of a blood sucking grip on the banking and financial systems in Francophone Africa, not permitting it to grow and innovate.

Wuna want stream music na with Momo or OM ?
While kids like Asake, Ruger and Buju are making billions of Naira in streams, Leo is here trying to sell his album with Momo 😭
How will he get a ROI when he can’t even perform transactions. He’s handicapped even before the race begins.

On the other hand, The Nigerian market has the infrastructure to sell digital content. The highly innovative banking system in Nigeria is really robust and makes digital transactions very suitable, highly preferred, leaving EVERYONE being required to get a bank account and debit card.

This means everyone can subscribe and stream content digitally. Imagine a giant market with a potential of 50 million Spotify users, this means every upcoming artist hits the ground running with 100k monthly listeners. This is the real power of the Nigerian entertainment industry apart from its obvious high population.

To top it all, we can completely relate with Nigeria. Our region was once Nigeria for almost 50 years. We are Geographically close, speak the same official language and share cultural values. Content from West Africa has programmed us for decades.

We grew up listening to P Square, Style plus, 2 face, Timaya, Flavor, Banki W, Bracket etc. These songs programmed us and defined our urban music sound.

That’s why our community only listens to Afrobeats and we can breed pure afrobeats prodigies like Elisha k and Raizy. Also, Our movie industry is programmed by Nollywood, that is why the death of a Nollywood actor will completely hijack our Facebook feeds for days.

Equally, praise and worship in Our Churches has been completely programmed by Nigerian Gospel. Infact delete Naija Gospel from our churches and church service may not hold that Sunday.

My Point is, our community is culturally linked to West Africa and it’s even better because that’s the market that’s driving global showbiz. So, we must complete migrate to that Market.

When Salas and Leo started with that dream team from Buea, if they had gone towards west Africa instead of coming to Douala, I think we should have had better returns from them.

Today, Krys M gets 40 million views on a song on YouTube but over 75% of those views generate her Zero income because they are from Non-monetized Central Africa.

She gets 40million on a song but can’t even get 50k monthly listeners on Spotify, because she resides in a region which doesn’t even have a payment processing system to permit her fans to get a Spotify account and make her rich. It’s Quite unfortunate but that’s the reality in Francophone Africa.

We MUST GO To WEST AFRICA" - Achu Normad.

#AkumbaMusic #kimbiblog #Promozik TV

A Reminder Of Some Of His Achievements!!

- University Of Cape Coast (UCC)
- Ghana National College, Cape Coast
- Mfantsiman Girls' SHS
- Winneba secondary school
- Apam Secondary School
- Swedru Secondary School (SWESCO)
- Fosu Training College
- Ofori Panyin Secondary School
- Techiman Secondary School
- Dormaa Secondary School
- Tema Secondary School
- Oda Secondary School
- Labone Secondary School
- Kwadaso College of Education
- Atebubu Training College
- Berekum Training College
- Enchi Training College

- Turned University College of Gold Coast into University of Ghana (He became their first chancellor)
- Kwame Nkrumah University of Science and Technology (KNUST)
- Institute of African Studies
- Kwame Nkrumah Institute of Economics and Political Science(now south campus of UEW)
- Ajumako School of Languages(now under UEW)
- ***** asi Technical Institute (now a University)
- Accra Polytechnic(now Accra Technical University)
- Komfo Anokye Teaching Hospital(previously ***** asi central hospital)
- He made Korle Bu a teaching hospital and expanded its capacity by constructing the Medical, Maternity, Surgical and Child Health blocks
- He established the Ghana Medical School
- He made Medical care free to all citizens
- He established GIHOC pharmaceuticals
- He also built several hospitals and clinics

- Abosso Glass Factory
- Zuarungu Meat Factory
- Wenchi Tomato Factory
- Kade Match Factory
- Akosombo Textiles Limited
- ***** asi Shoe Factory
- Pwalugu Tomato Factory
- Asutuare Sugar Factory
- Komenda Sugar Factory
- ***** asi Jute Factory
-Nsawam Cannery, Brick and Tile Factory
- Tarkwa Bonsa Tyre Factory
- Bolgatanga Meat Processing Factory
- Bolgatanga Rice Mill Factory
- GIHOC Fibre Products Company
- Ghana Black Star Line with almost 15 ships

- Bank of Ghana (BoG)
- Ghana Commercial Bank (GCB)
- Agricultural Development Bank (ADB)
- National Investment Bank (NIB)
- State Insurance Company (SIC)
-Social Security and National Insurance Trust (SSNIT)
- Ghana Oil Company (GOIL)
- Ghana Ports and Harbours Authority (GHAPOHA)
- Tema Oil Refinery (TOR)
- The National Management and Productivity Institute

- Ghana Film Industries, Accra
-Ghana Airways Corporation
- Ghana National Trading Corporation
- Cocoa Marketing Board (COCOBOD)
- Tema Steel Works
- Volta Aluminium Company
- State Housing and Hotel Projects
- Labone Estate
- Kanda Estates
- Osu Ringway Estates
- Airport Residential Area
- Patasi Estate
- Kwadaso Estate
- Buokrom Estates
- North and South Suntreso
- Tema Township(Communities)

- Star Hotel
- Meridian Hotel
- Ambassador Hotel
-Continental Hotel now Golden Tulip Accra
-Atlantic Hotel
- City Hotel Catering Rest Houses now Golden Tulip ***** asi
- Peduase Lodge
- Ghana Film Corporation
- Ghana News Agency
- Ghana Broadcasting Corporation
- Atomic Reactor Station
- Akosombo Dam
- Restructured the British Military base into Accra (now Kotoka) International Airport
- Tema Motorway
- Tema Harbour
- Adomi Bridge
- State Farms and Institutes.

💥 Credits: Odehe Bi