A group of Luxembourg entrepreneurs is visiting Cameroon (February 8-19) to explore investment opportunities in several key sectors, Communication Minister René Emmanuel Sadi announced. The delegation aims to explore opportunities in various sectors including digital and ICT, microfinance, transport and logistics, the maritime industry, and green finance.
The visit will also facilitate interactions with decentralized local authorities, with scheduled meetings with the mayors of Bangangté, Douala IVe, Foumban, and Ngoumou. The discussions will focus on community projects such as the inauguration or rehabilitation of water towers and boreholes, the Ministry of Communication (Mincom) disclosed.
The frequent exchanges between Luxembourg and Cameroon underscore the strong business, cultural, and philanthropic ties between the two countries. A notable event in April 2023 saw Luxembourg parliamentarians, part of the Cameroon-Luxembourg Parliamentary Friendship Group, initiating the construction of the Luxembourg Cultural Centre in Cameroon.
During a recent meeting with the Minister of External Relations, Gusty Grass, who led the Luxembourg parliamentary delegation, praised Cameroon for its humanitarian efforts towards refugees. The current mission is spearheaded by What Water, a philanthropic organization active in water and cultural promotion initiatives, as per Minister Sadi's statement.