Business : Climate Cameroon's Woos Investors In London

The conference room of JP Morgan Chase in the heart of the city of London was the setting for high-level meetings and workings sessions between the economic delegation led by Cameroon’s minister of Finance, Louis Paul Motaze on the one hand and several groups of investors seeking to learn more about Cameroon’s economic landscape, programmes, policies and visions, on the other.
The working sessions which ran from Monday 17 March to Tuesday 18 March 2025 thus afforded Minister Motaze and his team of experts the requisite opportunities to have fruitful exchanges with the foreign investors and this, in the form of “Non-Deal Road Shows”.
Minister Louis Paul Motaze and the delegation accompanying him took time off to enlighten as well as clear the doubts of the investors through a series of exposés carefully and meticulously crafted as to leave them in no uncertainty concerning Cameroon’s seriousness and commitment to stabilise its economy as well as flow of state finances in line with the nation’s National Development Strategy (SND30) for 2020-20230.
In this respect, the Minister of Finance rolled out a series of top-notch measures designed to further strengthen the country’s economic performance which he qualified as the strongest and most resilient in the CEMAC zone with a Gross Domestic Product (GDP) of about 40 per cent.
He and his team then pointed out a series of measures taken to stabilise state finances such as the repatriation of some of the funds of extractive industries lodged in offshore accounts, the substitution of imports with local or home-produced commodities and the broadening of the tax base through the recent policy of income tax declaration, which was received with enthusiasm by taxpayers who have since been queuing up to declare and pay their taxes.
The Finance Minister and his collaborators asserted that the country’s resilient economic growth was being propelled by such key sectors as agriculture, which is in its third generation, public works construction projects and the coming on-stream infrastructure and ene...