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Infos Business of Friday, 22 January 2016

Source: Cameroon Tribune

Cameroonian Diaspora encouraged to invest home

Hervé ConanHervé Conan

The Director of the French Development Agency, Hervé Conan, has said the agency in partnership with the Ministry of External Relations are working to get Cameroonian Diaspora to invest back home.

He was speaking yesterday January 20, 2016, in Yaounde shortly after his audience with the Minister of External Relations, Lejeune Mbella Mbella.

Hervé Conan revealed that the project to support the productive investment of the Cameroonian Diaspora was concluded on July 3, 2015, in the presence of the two Heads of State. For the past months, the document to recruit a focal person to pilot the project is being finalised.

“We are examining ways to encourage Cameroon Diaspora to invest in their country of origin so that they can play a role in the economic development of their country”, Hervé Conan told the press after the audience.

On the heels of the French Development Agency Director was the Ambassador of the Federation of Russia to Cameroon, His Excellency Nikolay Ratsiborinskiy who was also received in audience by the External Relations Minister.

Both officials discussed on the state of relations between Cameroon and Russia and how to foster security, economic and diplomatic ties between both countries.

Minister Mbella Mbella and the Russian Diplomat equally talked about the possibility of a meeting between President Putin’s representatives to the African Union summit in Addis Ababa and the Head of the Cameroonian Delegation to the AU summit. He described Africa’s bid to be represented in the UN Security Council as important.

EU Hails Cameroon’s Human Rights Action Plan

Meanwhile, the Head of the European Union Delegation to Cameroon, Ambassador Françoise Collet has hailed the recently published National Plan of Action for the Promotion and Protection of Human Rights in Cameroon (2015-2019).

She made the remarks on Tuesday, January 19, 2016, after her audience with the Minister of External Relations, Lejeune Mbella Mbella. The audience centred on the bilateral ties between Cameroon and the European Union.

Both officials also talked about Cameroon’s support to the Central African Republic electoral process with Ambassador Colet giving Cameroon a pat on the back for allowing CAR refugees in Cameroon to take part in the election as well as the financial support for the organisation of the elections.