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
• .
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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