US Companies Eye $7bln In Investment And Trade Opportunities In Cameroon
US Companies Eye $7bln In Investment And Trade Opportunities In Cameroon

US Companies Eye $7bln In Investment And Trade Opportunities In Cameroon

By Mintesinot Nigussie  |  August 31, 2026

US companies are pursuing approximately 7 billion US dollars in new and expanding investment and trade opportunities in Cameroon, covering sectors including critical minerals, energy, infrastructure, technology, forestry and logistics, according to the US government.

The opportunities were announced during the inaugural US-Cameroon Bilateral Economic and Commercial Dialogue, where officials from both countries also discussed reforms aimed at improving the business environment for US investors.

Datanomics

The 7 billion US dollar figure includes projects at different stages of development rather than a single package of committed investment.

In the critical minerals sector, Connecticut-based Tronox and Australia-based Lion Rock are advancing a 500 million US dollar rutile project in Cameroon. ARM, a Washington, DC-based critical minerals development company, is also in discussions to develop a cobalt-nickel-manganese project in Nkamouna, with an initial investment of about 85 million US dollars. Infrastructure and energy projects account for some of the largest proposed investments.

A. Epstein and Sons International, an Illinois-based engineering firm, and its financial partner ITF are discussing a proposed 2 billion US dollar airport in the Douala metropolitan area, alongside a 230 million US dollar project to build modern theatre halls in Yaoundé, Douala and Bamenda.

Sheway Hair

New York-based infrastructure investor Hydromine is working towards a proposed 3.5 billion US dollar, 1,040-megawatt Grand Eweng Hydropower Project on the Sanaga River.

In technology, Virginia-based Cybastion plans to invest 75 million US dollars in a project comprising an artificial intelligence-powered data centre and power plant in Douala. New York-based fintech company Azamra is also seeking to support diaspora investment and cross-border digital payments.

US companies are pursuing opportunities in logistics and forestry as well. California-based Taylor Guitars and Cameroonian partner Crelicam are sourcing ebony from Cameroon under a sustainable forestry initiative. Tennessee-based FedEx and its Global Service Participant, Globex Cameroun S.A.R.L., are developing a framework and timeline for a warehouse facility at Douala International Airport.

HypeFitness

New Jersey-based Hoffman Equipment has also agreed to an 83 million US dollar equipment sale to support infrastructure development and technical training in Cameroon.

The two governments discussed measures to improve the investment climate, including taxation, shipping and logistics, and reforms in the mining sector.

They also agreed to establish joint working groups to institutionalise the bilateral economic dialogue and advance shared priorities. The next dialogue is scheduled to be hosted by the US in 2027.

Source: FSX Business News