By Etienne Mainimo Mengnjo
The Minister of Economy, Planning and Regional Development, Alamine Ousmane Mey, and a delegation from Emirati SGC Investment Group have discussed on new avenues of economic partnership.
Chaired by Minister Ousmane Mey, the meeting featured a delegation led by His Highness Shaikh Eissa Bin Abdullah Al Muallah, Chairman of the Group’s Board of Directors. The aim of the meeting is to strengthen economic ties between Cameroon and the United Arab Emirates.
Discussions focused on several strategic sectors, including energy, agriculture, infrastructure, hydrocarbons, finance and telecommunications. The goal was to identify investment opportunities that align with Cameroon’s development priorities.
The United Arab Emirates is a federation of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Quwain, Fujairah and Ras al-Khaimah. It is considered one of the world’s most competitive economies due to its diversification into tourism, logistics and renewable energy, alongside its traditional role in the hydrocarbon and financial sectors.
Based in Dubai, SGC Investment Group has more than 25 years of experience in financial structuring and capital mobilization. The group is visiting Cameroon from January 5 to 12 to assist in mobilizing international financing for the National Development Strategy 2020-2030, known as SND30.
The SND30 is been held under the auspices of the Prime Minister’s Office, seeks to secure sustainable financing to accelerate priority projects and increase private sector contributions to the country’s economic development.