Cameroon Investment Forum (CIF 2015)
The Cameroon Investment Forum (CIF) on its maiden edition took place in Douala the economic capital of Cameroon from the 25 – 27th November 2015. The forum was organized by the Investment Promotion Agency of Cameroon (IPA) in cooperation with the Ministry of Economy, Planning and Regional Development, the Ministry of Mines, Industry and Technological Development and the United Nations Industrial Development Organization (UNDO). While the forum was a brilliant idea, there were visible shortcoming both at the level of the organization and quality of the panelists. On a general note, it was an important occasion for the government and private sector to put on display what Cameroon had to offer as an investment destination for both foreign and local investors. The most important areas of investment earmarked throughout the forum were the “grandes projets” or urgent projects selected by the government. Another important resource available to investors as posited by government was the availability of a well-crafted investment law which most likely will be tested in its execution. Starting company in Cameroon is still a humongous challenge, but there is hope that things will improve with investor feedback should government choose to react to them.