UAE Consortium Signals Entry into Cameroon’s Infrastructure and Energy Market

Cameroon has opened talks with a high-level business delegation from the United Arab Emirates on potential large-scale investments in infrastructure, energy, agriculture and housing, as the government seeks to accelerate project delivery under its National Development Strategy. The delegation, led by Crown Prince Sheikh Eissa Bin Abdullah Al Muallah, Chairman of SGC Investment LLC, met Prime Minister Joseph Dion Ngute to explore pathways for the rapid implementation of what both sides described as mutually beneficial projects, with discussions focused on funding structures, technical support and alignment with national priorities.

Details of the discussions showed that SGC Investment, a Dubai-based international consortium with operations spanning five continents, is positioning itself as a financing and implementation partner for major public and private projects. The group outlined interests covering energy production, infrastructure development, low-cost housing, agriculture, smart cities, ports and airports. While no binding financial commitments were announced, projections presented during the exchanges estimated potential investments at around $500 million.

The Prime Minister highlighted Cameroon’s investment incentives, governance reforms, and opportunities embedded in the National Development Strategy 2020–2030, as the two parties agreed to continue negotiations to establish SGC-backed projects in the country effectively. Crown Prince Sheikh Eissa Bin Abdullah Al Muallah told officials that the consortium was prepared to engage directly with the Cameroonian authorities on new ventures. “We are ready, inshallah, to build this new business in this country, and we are happy to visit this country with the support of the government. We are ready to build new projects with the government,” he said.

SGC Group Chief Executive Officer and Prima Finance Bank head, Imran Saeed, provided further clarity on the investment focus, stating: “We are focused mainly on the infrastructure projects, and that includes energy projects, agriculture, low-cost housing, smart cities, ports and airports. These are the primary phases of investments and discussions with all of those projects where we will be bringing in the funding and investments accordingly.”

The engagement forms part of Cameroon’s broader effort to mobilise foreign direct investment and structured financing to close infrastructure gaps and support economic transformation by 2035.

Beyond the Prime Minister’s Office, the UAE delegation also held a working session at the Ministry of Economy, Planning and Regional Development, chaired by Minister Alamine Ousmane Mey. Talks there extended to energy, agriculture, infrastructure, hydrocarbons, finance and telecommunications, with a view to identifying concrete cooperation opportunities. SGC Investment, present in Cameroon from January 5 to January 12, 2026, described itself as a financial structuring platform with over 15 years of experience in mobilising international capital.

The financing instruments outlined included sovereign infrastructure financing, foreign direct investment platforms, trade and structured finance, project finance, equity and co-investment, interest-free sovereign lending, and intellectual property-backed financing. Placed under the coordination of the Prime Minister’s Services, the initiative aims to secure transparent and sustainable funding to accelerate priority projects and strengthen private-sector participation in Cameroon’s economic and social development agenda.

 

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