During business trip to Cameroon: Belgians to push for more independent, sustainable, accessible economy.

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A powerful delegation from Belgium is expected in Cameroon in the days ahead, during which the economic operators plan to push for more independent, sustainable and freer access to the local economy by their home-based businesses.

This is the focal point of a release made public by hub.brussels, the European agency responsible for organising the business trip to Yaounde.



The hub, brussels, which is the Brussels Agency for Business Support, based in Belgium, said they are interested in the facilitation of entrepreneurship between Belgian and Cameroonian enterprises. 

They are also dedicated to informing, supporting, and guiding Brussels-based companies on how to clinch fruitful partnerships with Cameroonian counterparts.

Therefore, they will come to explore opportunities that are available in Cameroon for such win-win partnerships.

Specifically, the organisers announced that from April 21 to 26, they will land in Douala, the economic capital, before proceeding to Kribi, the seaside resort town in the Ocean Division of the South Region, which also happens to be home to Cameroon’s lone deep seaport. 

The Europeans hinted that news reaching them positions Kribi as an emerging global resort that is already positioning itself as the most significant port facility on the West African coast.

Dubbed the Cameroon-Belgium economic mission, the agency, hub.Brussels, highlighted on its website that it promotes and encourages a shift towards a more independent, sustainable, and accessible economy. 

“The economic transition is underway! We are achieving this by supporting new companies, as well as those looking to reinvent themselves, by propelling innovative new sectors, informing young entrepreneurs, and celebrating those embarking on new independent professional adventures," the agency stated. 

It emphasised that the mission will focus on several sectors, including infrastructure, construction materials, energy, Information and Communication, Technologies, ICTs, legal and financial services, and the agri-food industry. 

The agency added that the initiative is expected to boost commercial and business relations between the two countries, which are already somewhat dynamic.

According to the National Institute of Statistics, NIS, Belgium was the 7th largest destination for Cameroon's exports in 2022, just behind China. Belgium purchased 386,800 tons of goods from Cameroon that year, valued at over 133 billion FCFA, accounting for 3.8% of the country's exports in 2022. 

However, this European country did not rank among Cameroon's top 10 suppliers in the same year.

 

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