1 UK-CAMEROON TRADE & INVESTMENT MISSION 08 – 10 December 2015, Yaoundé, Cameroon...

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UK-CAMEROON TRADE & INVESTMENT MISSION08 – 10 December 2015, Yaoundé, Cameroon

‘Diaspora, Investment Promotion and Emerging Markets’

Chris Nasah Chairman – Cameroon Forum

Introduction of Cameroon Forum

Introduction of CFEI

Promoting the Asset CAMEROON-

CAMEROUN

The Way Forward

Conclusion

CIF Presentation Roadmap

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Introduction of Cameroon Forum

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The Mission – CF, CFF, CFe,…CIF

To Create a platform that

will enable and facilitate the

integration of Cameroonians in

the United Kingdom and

abroad, and harness their

endowments for the mutual

development of Cameroon

and their host communities

Motto: Together We Build

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Objectives

The WHOLE

Integration into UK

communities

Networking &

Social interaction Charitable Initiatives

Business Opportunities &

Investments

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Introduction of CFEI – Cameroon Forum Enterprise Initiative

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Business Opportunities & Invs

• Networking Sessions and Meetings

• Participating and Facilitating Trade Missions to Cameroon & CEMAC

• Facilitating Cameroon Trade Missions to the UK

• Assisting Foreign Companies in Launching Services and Products in Cameroon & CEMAC

• Assist Cameroon & CEMAC based companies access the UK Market

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Meeting with UK Diaspora and Government, and H.E. The Head of State Paul Biya

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Interaction with the GoC and PM Office HE Philemon Yang Head of Government with VC

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Collaboration with The Cameroon High Commission UK – HE Nkwelle Ekaney

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Promoting the Asset CAMEROON-CAMEROUN

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Regional Context 1

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UDEAC – The Customs and Economic

Union of Central Africa, established by

the Brazzaville Treaty in 1966, forms a

customs union with free trade between

members and a common external tariff for

imports from other countries. The members

of UDEAC are Cameroon, Central Africa

Republic, Chad, Congo, Equatorial Guinea

and Gabon.

CEMAC – Central African Economic and

Monetary Community

Total Population 37m

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Regional Context 2

• .

ECCAS - Economic Community of

Central Africa States (ECCAS)- Angola,

Burundi, Cameroon, the Central Africa

Republic, Democratic Republic of Congo,

the Republic of Congo, Equatorial Guinea,

Gabon, Rwanda and Sao Tome & Principe

Combined Population – 200m

History & Heritage Infrastructure

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History & Heritage Tea, Palm and Rubber Estates, Oil & Gas, Banking…

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BUSINESS EXPOSITIONS

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COMMUNITY EVENTS

• .

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WINDSOR & DUBLIN

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New Law to encourage private investment - 18th April 2013

• .On 18th April 2013, the President of the Republic of Cameroon promulgated the law No. 2013/004 dated 18th April 2013 on incentive measures for private

investment in Cameroon.

The new law is applicable to any individual or legal entity, whether Cameroonian or foreign national, resident or non-resident, “in respect of the performance of their activities or their holding of a part of the share capital of Cameroon companies, with a view to encouraging private investment and increase domestic production” for any investment relating to the setting-up, development, renewal,

restructuring of assets and/or the transformation of businesses.

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WORLD TRAVEL MARKET - Excel

• .

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AFRICA VILLAGE – KENSINGTON LONDON

• .

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Other Regulatory Frameworks for Investments

• .•Cameroon’s investment code offers fiscal, customs, and other economic advantages in three (3) types of investment regimes:

A ten (10) year regime for small

and medium sized

enterprises (SMEs)

A bottom-line regime for

minimum 8 years investment

A special regime for Free Trade

Zones

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TRAFALGAR SQUARE LONDON MAYOR PROMOTION

• .

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Science Museum – Permanent Exhibition Featuring Cameroon

• Connecting Africa – Information Age exhibition opened by HM The Queen

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DUBLIN EMERGING ECONOMIC FORUM

• .

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AAOE Africa Business Safari, CEMACHouse of Lords, London November 2015

‘The mind is like a parachute – it only works when open. The more open it is, the better it works’ - Anon

Trade & InvestmentOpportunities inCEMAC

Chris Nasah Chairman – Cameroon Forum

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Investment Climate Summary

• .• Investment Promotion Agency• Investment Charter and Code• Industrial Free Zones• Benefits• Tax Concessions• Financial Transaction Concession• Trade Concession• Labour Concessions• SME Considerations

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The Way Forward

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THINKING GLOBALLY ACTING LOCALLY

• A JOINED-UP APPROACH TO INVESTMENT PROMOTION

• ENCOURAGE INVESTMENT PIPELINES / FUNDS / STREAMS

• ENGAGE SATELLITE REPRESENTATION ABROAD - MOU

• ENSHRINE REGULAR VISIBILITY AND INVESTMENT EVENTS COMPRISING WORKSHOPS, SEMINARS

• ARTICULATE IMPACT OF INVESTMENT ON NATIONAL DEVELOPMENT and 2035 EMERGENCE

CF Investment Instruments

• Cameroon Investment Fund

• Cameroon Investment Partnerships

• UK-Cameroon Chamber of Commerce

CamDocUK Conference July 2010 30

TestimonialsEuro in Cameroon & CEMAC

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• Bowleven - Energy• Victoria Oil & Gas – Gas• Dana Petroleum – Energy• Joule Africa – Energy• Actis - Energy• Standard Chartered - Banking• BAT - Tobacco• Rio Tinto – Currency Notes• Glencore – Env Expl• Africa Aura – Env Expl• Maritime Security, Automobile, Brewery –

TRADE MISSION 8th to 10th December 15

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Conclusion

Good Attributes

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• Growing Consumer Class• First-mover advantage• Access to West & Central

African Markets• Major Infrastructure• Good hand-holding & DD• Global Companies are

here!!!

Merci!!!…for your hospitality and THINKING Promoting

Cameroon-Cameroun…next time…

Delphine Oben – Vice Chair

Dr Alex Asewando – Enterprise Director

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