Cameroun Actuel

Cameroon holds int’l fair to boost investment, promoting local products

YAOUNDE, Nov. 2 (Xinhua) — The second edition of the Cameroon International Business and Trade Fair officially opened Thursday in the country’s commercial hub of Douala, aimed at boosting investment and promoting locally-made products.

The 12-day event began with an opening ceremony and a range of activities, including forums, seminars, exhibitions, and business matchmaking sessions. Large-scale producers as well as small- and medium-sized industries present at the fair excelled in such domains as arts, textiles, energy, and agriculture.

« Large-scale distribution is an opportunity for our economy, for those who undertake it, and undoubtedly the most important one, for the promotion and valorization of products labeled ‘Made in Cameroon,' » said Minister of Trade Luc Magloire Mbarga Atangana, who presided over the opening ceremony. « It is equally important for the Cameroonian youth, in terms of jobs, of course, and in terms of training for new professions for which our country is sorely lacking in specialists. »

The fair serves to strengthen economic integration and intra-regional trade, with the ambition of contributing to the consolidation of growth in Central Africa, said Pierre Zumbach, president of the Inter-Progress International Foundation, which organizes the event in partnership with the government of Cameroon.

Xinhua News

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