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Infos Business of Tuesday, 6 May 2014

Source: Cameroon Tribune

Stakeholders brainstorm on development issues

A Douala-based association, “Club des Amis de l’Allemagne” (CAA) met for a one-day discussion at their Bonapriso office on Friday April 25, 2014.

The day’s subject matter focused on the question of dual nationality and the attractiveness of investment from the Cameroonian Diaspora in based in Germany. Made up of nationals who had formerly studied, lived or worked in Germany, the initiative aimed at acquainting themselves with the requirements on how to impact their respective communities, explained CAA President, Andre Kwam.

This is in line with participating actively in efforts aimed at driving Cameroon’s economy towards emergence by 2035. The first speaker, Rodrique Lepatouo, a jurist by profession presented the state of affairs regarding dual nationality. According to law provision, the act is prohibited, though measures are underway for eventual modifications.

The second speaker, Maryse Meyo Akoulouze from the Investment Promotion Agency (IPA), drilled the members on how to benefit from the recently launched private investment incentives launched by government. This set the base for the participants to brainstorm on how to channel their efforts on the field, as well encourage their peers towards investing back at home.