National investment society signs MOU with API

A memorandum of understanding was signed on Tuesday in Yaounde between the investment promotion agency and the national investment company.

National investment society (SNI) and investments agency (API), which have in common a number of missions conducted on Tuesday the signing of a memorandum of understanding to promote synergy between the two bodies.

Indeed, the SNI has for objective the mobilization and orientation of national savings and other national and international financial means while API is responsible for assistance and the accompaniment of national and foreign investors in the feet of their investment and development projects in Cameroon.

To this end, the Minister of Mines, industry and development technology (Minmidt), Emmanuel Bonde, explained: "With regard to the tasks assigned to the SNI with the API, it is clear complementarity that should be exploited to the best to achieve the aforementioned objectives."

The objectives are among others, sharing of up-to-date information on investment in Cameroon, the accompaniment of investors in the implementation of their projects and the creation of decent jobs for Cameroonians. It will also work for the creation of an enabling environment for productive investment.