At meeting with PM: Visiting Emirati investors express interest in infrastructure, energy sectors.

Visiting delegation at end of audience with PM Dion Ngute

A delegation of businessmen from the United Arab Emirates, UAE, has expressed interest in investing in Cameroon’s infrastructure, energy and agriculture sectors.

They made known their intensions during an audience the Prime Minister, Head of Government, Dr Chief Joseph Dion Ngute, granted them on Tuesday, January 6. 



The delegation was led by Crown Prince Sheikh Eissa Bin Abdullah Al Muallah, Chairman of the Board of SGC Investment Group. It included senior executives overseeing energy, real estate, oil and gas, and banking portfolios. 

The meeting focused on laying the groundwork for the rapid implementation of investment projects described by both sides as mutually beneficial.

During the working session held on January 6, the SGC Investment Group presented its track record, citing more than 15 years of partnerships and investments across five continents. 

The consortium said it intends to extend the experience to Cameroon through projects aligned with the country’s development priorities. 

Crown Prince Sheikh Eissa Bin Abdullah Al Muallah told officials that the Group was ready to work closely with the government.

“We are ready, inshallah, to build this new business in this country and we are happy to visit this country with the support of the government. We are ready to build new projects with the government,” he said. 

On his part, the Prime Minister presented Cameroon as a business-friendly destination. Dion Ngute outlined incentives available to foreign investors under the National Development Strategy, NDS30. 

Both parties agreed to pursue further negotiations towards the effective establishment of SGC Group investments in the country.

 

Focus on infrastructure, energy

SGC Investment Group said its initial investment phase would prioritise large-scale infrastructure and energy-related projects, alongside agriculture and housing. The Group also signaled interest in transport and urban development projects.

The Chief Executive Officer of SGC Group and Prima Finance Bank, Imran Saeed, detailed the sectors under consideration.

“We are focused mainly on the infrastructure projects and that includes energy projects, agriculture, low-cost housing, smart cities, ports and airports. These are the primary phases of investments and discussions, where we will be bringing in the funding and investments accordingly,” he said. 

Projections shared during the discussions estimate potential investments at about 500 million US dollars, (about FCFA 280 billion) although no detailed financial breakdown was disclosed.

 

Support for NDS30

Exchanges focused on how SGC Investment Group could support the implementation of major projects under the country’s NDS30, which aims to drive economic transformation and support the country’s emergence objectives by 2035.

The investors indicated that their approach focuses on minimising costs while maximising impact through what they described as diligent use of resources. 

Technical assistance was also highlighted, including expertise in innovation and project execution to accompany government-led initiatives.

Financing instruments presented by the group include sovereign infrastructure financing, foreign direct investment platforms, trade finance, structured finance, project finance, equity and co-investment, interest-free sovereign lending, and intellectual property-backed financing.

 

Meetings beyond Prime Minister’s Office

Following talks at the Prime Minister’s Office, the delegation also met with the Minister of Economy, Planning and Regional Development, Alamine Ousmane Mey. 

Exchanges focused on several high-potential strategic sectors, including energy, agriculture, infrastructure, hydrocarbons, finance and telecommunications, with the aim of identifying concrete opportunities for cooperation and investment aligned with Cameroon’s development priorities.

Discussions also centrered on how the Group could support the implementation of Cameroon’s NDS30 through the mobilisation of international capital and structured financing solutions.

The meetings are part of an economic mission to Cameroon by the SGC Investment Group, taking place from January 5 to January 12, 2026.

 

This article was first published in The Guardian Post Edition No:3667 of Thursday January 08, 2026

 

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