US to invest nearly 4 trillion FCFA in critical sectors in Cameroon.

Officials at the end of the dialogue in Yaounde

The United States of America, USA, has announced approximately $7 billion USD, a circa 4 trillion CFA in new and expanding American investment and trade opportunities at various stages of development in Cameroon.

The giant investments were announced during the inaugural US-Cameroon Bilateral Economic and Commercial Dialogue. 



The commercial dialogue held August 27, in Yaounde. It was attended by senior US officials and members of government of Cameroon.

US officials said the investment opportunities span sectors including technology, critical minerals, infrastructure, energy, forestry, and logistics. 
During the Yaounde dialogue, US officials and their Cameroonian counterparts discussed ways to further improve Cameroon’s business climate for US investors, including taxation, shipping and logistics, and mining sector reform.  

They also agreed to establish joint working groups to institutionalise the Dialogue and drive continued progress on shared economic priorities and will continue this work ahead of the next Dialogue, which the United States will host in 2027.

The announcements, US officials say, underscore the depth and growing momentum of the US-Cameroon commercial partnership.

In the critical minerals sector, the US-Australia partnership between Connecticut-based Tronox and Australia-based Lion Rock is advancing a $500 million rutile project, while ARM—a Washington DC-headquartered critical minerals development company, is in discussions to develop a cobalt-nickel-manganese project in Nkamouna, beginning with an initial investment of approximately $85 million.

Major infrastructure and energy projects are also advancing. Illinois-based A. Epstein and Sons International, Inc., with its financial partner ITF, is in discussions on a proposed $2 billion airport in the Douala metropolitan area and a $230 million project to construct modern theater halls in Yaoundé, Douala, and Bamenda.  

Hydromine, a New York-based infrastructure investor, is working towards the proposed $3.5 billion, 1,040-megawatt Grand Eweng Hydropower Project on Cameroon’s Sanaga River.

US Deputy Assistant Secretary for African Affairs, Sarah Troutman

In the technology sector, Cybastion, a Virginia-based technology company, announced its intention to invest $75 million in a project that includes an AI-powered data center and power plant in Douala.  

New York-based fintech company, Azamra, aims to facilitate Cameroonian diaspora investment and accelerate cross-border digital payments.

US companies are also pursuing opportunities in forestry, logistics, and infrastructure development. Taylor Guitars, based in California, and local partner, Crelicam, are sourcing ebony wood sustainably from Cameroon.  

Tennessee-based FedEx and its Global Service Participant, Globex Cameroun SARL, are developing a framework and timeline to establish a warehouse facility at Douala International Airport.  

New Jersey-based dealer and distributor Hoffman Equipment’s $83 million equipment sale will support infrastructure development and technical training in Cameroon.

Together, the investment and trade opportunities represent an estimated $7 billion in US-Cameroon commercial activity and demonstrate growing private-sector interest in the Cameroonian market.  

“The governments of the United States and Cameroon will continue working with their respective private sectors to create a more business-enabling environment and translate the Dialogue into shared prosperity for both the American and Cameroonian people,” a statement said.

 

 

This article was first published in The Guardian Post Edition No:3895 of Monday August 31, 2026

 

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