Led by a senior manager of the Antwerp Port, one of the most important in Europe, the delegation of Belgian investors from the infrastructure, agriculture, renewable energy, import-export, rail, road and sea transport, etc. sectors; visited the Douala and especially Kribi ports, with the latter normally scheduled to start activities during the second quarter of 2016.
Since December 2014, we note a great interest of Belgian investors in Cameroon. Indeed, after the twenty odd companies which participated in the Promotion Trade Fair in Yaoundé in December 2014, then the 25 entrepreneurs who visited Cameroon in May 2015, the delegation of Belgian economic operators who are leaving Cameroon on 4 March 2016 after a week of prospection, is the third to visit Cameroon within 2 years. In total, over 100 investors from this European country will have visited Cameroon in the period under consideration.
At this time, these Belgian economic missions have not yet resulted in increasing exchanges between the two countries. Even if according to Chamber of Commerce statistics, between 2009 and 2012, these commercial exchanges have grown by 16%, to around FCfa 185 billion. But, globally, Belgium only receives 5% of Cameroonian exports, while roughly 7.2% of the country’s imports come from Belgium.
Source: Business in Cameroon