Cameroon promotes pro-investment message, but projects move slowly

Prime minister Philemon Yang brought nine cabinet ministers to London in early May to drum up private sector investment, with energy the top priority. But, despite the rhetoric, project progress remains slow. As part of the Vision 2035 development plan, the government aims to boost power capacity to 3,000MW by 2020, requiring some $6bn of investment. “Currently, 30% of the government budget goes to public projects, but we need more private investment to work alongside this,” Yang told the UK-Cameroon Trade and Investment Forum organised by Developing Markets Associates.