Cameroon, US Hold Talks to Advance CFAF 4trn Business Pipeline

Cameroon, US hold talks to advance FCFA 4 trillion business pipeline American companies are pursuing nearly $7 billion, or about FCFA 4 trillion, in trade and investment opportunities in Cameroon, spanning energy, mining, transport infrastructure, technology, forestry and logistics, according to the US Embassy in Yaounde. The portfolio was discussed during the inaugural US-Cameroon Bilateral Economic and Commercial Dialogue, held in Yaounde on August 27. The projects are at various stages of development and include a proposed hydropower plant valued at about $3 billion, a proposed $2 billion airport project and mining ventures worth at least $585 million. According to the US Embassy in…