Moroccan investors propose projects worth FCFA 130 billion in Cameroon

A delegation of Moroccan investors led by Mohammed Agoumi, Managing Director of international activities at the Banque Marocaine pour le Commerce Extérieur (BMCE – Moroccan Bank for External Trade), was received on 21 January 2016 by the General Secretary of the Office of the President, Ferdinand Ngoh Ngoh.

According to http://www.businessincameroon.com/public-management/2601-5942-moroccan-investors-propose-projects-worth-fcfa-130-billion-to-cameroon, these Moroccan investors were promoting projects worth FCFA 130 billion, in order to support the Cameroonian government in the implementation of its three-year emergency plan (2015-2017) to revive growth and the organisation of the 2016 and 2019 Africa Cups of Nations.

To help Cameroon organise these sports competitions, the Moroccans investors are planning to equip the country with modern accommodation centres, so that these structures will continue to be used after both tournaments and will contribute to the increase in accommodation capacities in the country.

Ovamba as an online peer to peer platform offers investors access to a transparent, secure platform where they can invest in high quality transactions to small and medium sized African businesses.

Sources: http://www.investiraucameroun.com/gestion-publique/2401-7075-des-investisseurs-marocains-proposent-au-cameroun-des-projets-pour-130-milliards-fcfa

http://www.businessincameroon.com/public-management/2601-5942-moroccan-investors-propose-projects-worth-fcfa-130-billion-to-cameroon