US EditionObasanjo's Firm To Invest $700m In Cameroon To Boost Bilateral Trade
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4 Articles
Obasanjo's Firm To Invest $700m In Cameroon To Boost Bilateral Trade
Former President, Olusegun Obasanjo is set to inject $700 million, about (N1.75 trillion) to expand his business footprint in Cameroon with a major investment in the Kribi deep-sea port. Obasanjo’s company Agro-Allied Business Ltd (OABL) is expected to launch operations this April into strategic sectors, including agriculture, maritime logistics, hospitality and energy in the country. CEO of Aftel Cameroon Limited Agha Albert Ngwana who is also …
Former Nigerian head of state Obasanjo to invest $700mln in Kribi – Cameroon Concord News
Olusegun Obasanjo, Nigeria’s former president turned businessman, is set to visit the Kribi deep-sea port in Cameroon this April to launch his company, Obasanjo Agro-Allied Business Ltd (OABL). His venture aims to strengthen cross-border trade between Cameroon and Nigeria. According to Agha Albert Ngwana, CEO of Aftel Cameroon Limited, a partner of Obasanjo’s group, OABL plans to invest $700 million (about CFA420 billion) in multiple sectors, in…
Cameroon-Nigeria: Obasanjo will invest 420 billion F in Kribi
Former Nigerian president Olusegun Obasanjo is expected during the month of April 2025 at the autonomous port of Kribi to launch his consortium Obasanjo Agro-Allied Business Ltd (OABL). Trade between Cameroon and Nigeria is constantly increasing. In 2023, trade reached 78.9 billion FCFA, with a slight surplus in favor of Cameroon. Faced with this market opportunity, former Nigerian president Olusegun Obasanjo through his consortium OABL will inv…
Obasanjo to Invest $700mln in Kribi to Boost Cameroon-Nigeria Trade
Business in Cameroon | Olusegun Obasanjo, Nigeria’s former president turned businessman, is set to visit the Kribi deep-sea port in Cameroon this April to launch his company, Obasanjo Agro-Allied Business Ltd (OABL). His venture aims to strengthen cross-border trade between Cameroon and Nigeria. According to Agha Albert Ngwana, CEO of Aftel Cameroon Limited, a partner … The post Obasanjo to Invest $700mln in Kribi to Boost Cameroon-Nigeria Trade…
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