PM Dion Ngute Invites Investors to Bet on Cameroon at Africa CEO Forum
June 08, 2023
By Synthia Lateu
PM Dion Ngute says Cameroon has embarked on increasing industrialisation in her National Economic Strategy 2020-2030 which also focuses on import substitution to protect the economy
BUEA, June 8, 2023 – Cameroon's Prime Minister, Head of Government, Joseph Dion Ngute has invited investors in the world to venture into the country and benefit from huge incentives and countless opportunities that the country provides.
PM Dion Ngute was speaking during the Invest in Cameroon session organised at the Africa CEO Forum in Abidjan, Côte d'Ivoire. The Africa CEO Forum that unfolded from June 5 to 7 is the largest international meeting of the African private sector.
The summit gives room for experts to network with the continent’s leading decision-makers, and seize new business opportunities in a conducive environment. The 9th edition brought together thousands of company directors who exchanged views on the key role of the private sector in the development of the continent.
Dion Ngute who represented President Paul Biya, headed a delegation comprising the Director of Cabinet at the Prime Minister's Office, Balungeli Ebune Confiance, the Minister of the Economy, Planning and Regional Development, MINEPAT, Alamine Ousman Mey; the General Manager of the Cameroon Investment Promotion Agency, IPA, Angeline Marthe Mindja.
“Africa is putting itself on display in Abidjan, to attract foreign investment. The Ivorian capital is home to this Monday 05/06/2023, the forum of African business leaders. Africa CEO Forum is positioned as a major brand for promoting investment opportunities in Africa,” Joseph Dion Ngute said following an audience with his Ivorian counterpart, Patrick Achi.
The Invest in Cameroon session at the Africa CEO forum was an opportunity for government to attract business persons towards the lucrative opportunities and ventures Cameroon offers
Debates and high-level meetings at the 9th summit were dedicated to highlighting the driving role of the private sector in the development of the continent. The forum gives room for experts with the continent’s leading decision-makers, and to seize new business opportunities in a conducive environment.
The Africa CEO Forum brought together over 1,800 business leaders, investors, and policymakers from Africa and around the world. Over 70 countries were part of the Forum that concluded on June 7, 2023.
The Ivorian Prime Minister Patrick Achi said: "We need models of proactive states, which are strategists, which can set a vision, ensure public services are efficient, boost competitivity and regulate an economy whose backbone is the private sector. A sector that is an engine for wealth and job creation."
