On September 28, 2016, during an audience with the Minister Delegate to the Cameroonian Minister of External Relations (Minrex) in charge of relations with the Islamic world, Merzak Bedjaoui, Algeria’s ambassador to Cameroon, said he hoped the Cameroonian authorities should work for a massive participation of Cameroon in the African-Algerian business Forum, we learn from sources within Minrex.
This meeting, the first of its kind organized by Algeria, will take place from 3 to 5 December 2016 in Algiers, the Algerian capital. According to the Algerian authorities, the Business Forum aims not only to present the existing investment opportunities in Algeria, but also to develop more partnerships for the promotion of Algerian exports to the African continent, particularly in regard to sectors such as food and medicine.
In the ambition to conquer the African market, we remember that the Algerian pharmaceutical group Saidal announced in May 2016, having concluded with a partner whose name was not revealed, an agreement for the distribution its products in 13 African countries, including Cameroon.
In the same month, Algeria’s ambassador to Cameroon announced the upcoming opening of a trading post between Algeria and Cameroon in Douala, the economic capital. This last initiative, which aims to strengthen economic cooperation between the two countries, is the third of its kind in Africa, after the counters of Dakar and Abidjan.