Chamber of Commerce budgets FCFA 4. 6 BILLION – Looks into import sbstitues

By Ndumbe Bell Joseph Gaston in Douala

The Chamber of Commerce has taken the decision to write to govenment to open up possibilities to the private sector in Cameroon to transform their local products in good condition, at an afforable price and in  good quanlity.

This was at the Chamber’s 3rd edition of the plenary session of their general assembly that held in Douala last November 15 where they introduced their budget of FCFA 4.6 billion, (as light drop) and where they reviewed their accounts of 2022 and identify priorities to change the narrative in 2023.

Press briefing with Hon. Christophe Eken

According the the Minister of Commerce’s representative, the ministry outline dmodalities to become competitive partners and businessmen to join the new Pan-African Common Market and emphasised the need for Cameroon to expand and deepen its agro-industrial base.

Based on the needs of the times, the President of the Chamber Hon. Christophe Eken said the Chamber’s objective remains focused on import substitution to promote made-in-Cameroon goods. He referred to the on-going exposition organised by the Chamber’s trained 330 young participants of their pilot incubation centre as unalloyed testimony of efforts based on transforming primary products.

Hon. Christophe Eken exhorted the contributions made by all in many other projects such as the Penja pepper despite the set back caused by the recent pandemic, the war in Ukraine and their limited resources.

Recalling the efforts of their trained students at the mini-exposition and pointing at the products around, he said that it was very encouraging to help them promote these products.

A cross-section of products made from plantains, cassava, fruit extracts and textiles were on display.


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