The city of Garoua, in northern Cameroon, is hosting the 2nd International Economic Forum of the North (FECIS) from November 3rd. This major business event focuses on promoting investments and territorial development in the Adamaoua, North, and Far North regions. The forum, co-organized by the Chamber of Commerce, Industry, Mines, and Handicrafts (CCIMA) and the United Communes and Cities of Cameroon (CVUC), brings together public decision-makers, local elected officials, economic operators, investors, experts, and private sector representatives.
The theme of this year's forum is "Territorial Governance and Financing of Investments in the North." Over three days, participants will discuss ways to strengthen the economic attractiveness of northern regions and identify effective mechanisms for financing structuring projects carried by decentralized territorial communities (CTD). The event is driven by Dr. Abdoul Nasser Ousmanou, regional delegate of CCIMA for the North.
This forum aims to be a strategic platform for exchanges and consultations to highlight the immense economic potential of northern regions. Beyond promoting business opportunities, the forum addresses a central question: how can CTDs in these regions effectively mobilize public, private, and innovative financing to transform their development projects into concrete investments that create wealth, jobs, and better living conditions for populations?
The issue is crucial in the context of Cameroon's decentralization and the need for effective financing mechanisms. The forum will explore ways to address these challenges and unlock the economic potential of northern Cameroon. According to the organizers, the event is a unique opportunity for stakeholders to engage in constructive dialogue and identify solutions to boost economic development in the region.
The forum features a series of conferences and discussions, bringing together experts and stakeholders from various sectors. Participants will share experiences, best practices, and innovative solutions to address the challenges facing northern Cameroon. The event is expected to yield concrete recommendations and partnerships to support the region's economic growth.
The successful hosting of FECIS is a significant step towards promoting economic development in northern Cameroon. The region has immense potential for growth, and the forum provides a platform for stakeholders to work together to unlock this potential. By fostering dialogue and collaboration, the event aims to contribute to the region's economic empowerment and improve living standards for local populations.
As the forum continues, stakeholders will engage in in-depth discussions on key issues, including investment opportunities, financing mechanisms, and territorial governance. The event will also provide a platform for networking and partnership-building among participants. By the end of the forum, participants are expected to have a better understanding of the challenges and opportunities facing northern Cameroon and to have identified concrete solutions to support the region's economic development.
Key points
- The 2nd International Economic Forum of the North (FECIS) aims to boost investment and development in northern Cameroon.
- The forum focuses on territorial governance and financing of investments in the North.
- The event brings together public decision-makers, local elected officials, economic operators, investors, experts, and private sector representatives.
