Interview: «Cameroon Is A Great Place To Invest»

Tony Elumelu, Group Chairmna, United Bank for Africa, Guest of the Head of State of Cameroon at the Invest In Cameroon Economic Conference.

« As the Chairman of United Bank for Africa with presence in 19 African countries and founder of the Tony Elumelu Foundation, it is a pleasure to discuss how to attract and deepen investment in the Republic of Cameroon. It is not only a good time for Cameroon to be having this conversation, it is indeed a smart time to be having it. The giant economies of Africa like South Africa, Nigeria, Angola are dealing with some economic challenges. Foresight and fore planning help countries to manage their economies better.

As a long time banker and entrepreneur, I have learnt how to spot a good investment and I am pleased to affirm to investors that Cameroon is indeed a great place to invest. I speak from experience. UBA serves over 11 million customers in 19 African countries including Cameroon. I started operations in this country in 2008. We have been here ever since. Cameroon was the second country we came to and the first in Francophone Africa. In the short time that we operated in Cameroon, UBA has been making a positive i...