Friday, March 22, 2019

Business: Cameroon absent from the top 5 African “most attractive” countries

This is the conclusion of the recent study by Havas Horizons and the Choiseul Institut, two French structures.

“Financing Africa’s growth in 2020: perception of international investors. (Financer la croissance africaine à l’horizon 2020: perception des investisseurs internationaux in French)” Such is the recent study by two French firms, Havas Horizons and the Choiseul Institute. The said study covered the 2016-2020 period.

According to the newspaper Ecomatin of Monday, August 29, 2016, one of the missing countries from this list of the top 5 is Cameroon. A country that has yet organized on 17 and 18 May, the international economic conference on the theme “Investir au Cameroun, terre d’attractivité (Investing in Cameroon, land of land attractiveness).” An event whose main goal was to attract more investors to boost the economy. It is clear that despite this initiative, Cameroon failed to feature in the top 5 most attractive countries in Africa.

So Ethiopia, Nigeria, Morocco, Ghana and Senegal are the five most attractive countries for some international investors, the newspaper said. Ethiopia tops because is was popular with 52% of surveyed investors. Moreover, to carry out this study, 55 international investors working in Africa were surveyed. The institutions that were the subject of the survey are among others, Bank of America, BNP Paribas, Edmond Rothschild & Company, Standard Bank, Goldman Sachs. Attijariwafa Bank. However, 75% of investors are optimistic about the economic prospects of Africa in 2016, while 91% are in the medium and long term.

Unlike the 2015 study, the energy sector is bridged criticized by those who were the subject of the survey as being the fastest growing area, the newspaper said. Nevertheless, the improvement of the business climate, structuring areas of free-trade, the development of inter-African trade relations, demographic growth and the emergence of the middle class are among the arguments that justify the optimism displayed by these investors.

video’s

Stay Connected

16,229FansLike
22FollowersFollow
0FollowersFollow
383FollowersFollow

Latest News

Champions League: Neymar charged for comments after loss to Man Utd

Paris Saint-Germain forward Neymar has been charged with making "insulting acts against a match official" following his comments on social media about the Champions...

Cameroun: Jean Marc Ngoss supplie Paul Biya de libérer Maurice Kamto

Dans une vidéo, le président national du Parti de l’Esprit d’avril 48 (PEA48) préconise la signature d’une loi d’amnistie « afin que les Camerounais...

Cameroun: Les employés de Congelcam escroquent les clients au Cameroun ?

En plus des prix élevés de l’entreprise, ils exigent de l’argent aux clients en échange des poissons non avariés relate ATS. Pour acheter du...
Calixthe Beyala

Je n’ai jamais connu un bamiléké au delà de la simple fraternité – Calixte...

Dans une publication sur sa page Facebook ce jeudi 21 mars 2019, l’Ecrivaine Franco-camerounais contredit les interprétations qui sont faites sur la fameuse vidéo...