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    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed

    Posted On 28 Nov 2023
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Bangura-

    Photo Credit: Mining

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- “I would particularly like to welcome what appears today to be the revival of mining in Cameroon. Whether it is industrial mining,
    artisanal mining or quarries, there is a dynamism in this sector whose repercussions could, without a doubt, help to boost the development of Cameroon to accelerate mining terms,” Cavaye Yeguie Djibril spoke out during an opening plenary of the November session of the National Assembly in Yaounde,
    the capital of Cameroon.

    “This means that the desire of the President of the Republic to move Cameroon from a country with mining potential to a country of production should be accomplished in 2024 with all the resulting economic impacts.”

    Cameroon has substantial mineral resources, that are primarily under-exploited. The contribution of the mining sector to the GDP is less than 1%, according to the nation’s Ministry of Mines, Industry and Technological Development.

    In its long-term 2035 vision, the government aims to merge the ranks of emerging countries with a strong industrial and mining sector, the Ministry spoke up.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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