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Mr Simmonds speaks at UK/Cameroon Investment Forum

By United Kingdom - Ministry of Foreign Affairs
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LONDON, United-Kingdom, May 7, 2014/African Press Organization (APO)/ -- Mark Simmonds promotes the UK's partnership with Cameroon, trade and investment.

Foreign Office Minister for Africa, Mark Simmonds, today spoke to over 500 delegates at the UK/Cameroon Investment Forum, organised by Developing Markets Associates held at Church House.

Mr Simmonds welcomed the role that British companies were currently playing in Cameroon's financial sector. The forum aims to increase British investment in Cameroon further given the significant opportunities in many sectors from oil and gas to mining and agriculture.

During his speech the Minister for Africa spoke of the strong commercial relationship:

“Our bilateral trade is rising. I am pleased British companies are playing a leading role in Cameroon's financial sector and are prominent in others like banking, oil, gas, mining electricity generation, agriculture and accountancy.

“Like the British Government, the Government of Cameroon are working hard to deepen commercial links and increase the attractiveness of their country as a place to invest”

Focusing on the Africa and Cameroon's potential, the Minister for Africa said:

“It's an exciting time for Cameroon – and for Africa as a whole. Some of you would have heard me say before that I believe the continent is brimming with opportunities for British investors against a backdrop of steady economic growth and development. Cameroon is no exception”

Mr. Simmonds also hosted a bilateral meeting with Cameroonian Prime Minister Philemon Yang.