AMERICA TO BOOST INVESTMENT IN CAMEROON

    

The government of the United States is to pump some 25 billion CFA Francs into the Cameroonian health sector by the year 2015.

The disclosure was made in Yaounde recently by the American Chargé d`Affaires, Gregory Thomas, during a ceremony marking his country`s independence day next July 4.

Eulalia Amabo Nchang who covered the event for The Post newspaper quoted the official as saying the focus on health care was part of an initiative aimed at wiping out polio in Cameroon and moving the country towards an AIDS-free generation.

Other sectors of Cameroonian society in which the diplomat said his government was working on are peace and security, as well as trade and youth leadership. That brings the total to four, including the health sector.

 In the area of bilateral trade, the Chargé d`Affaires stated “the U.S. embassy is proud to have facilitated a dramatic increase in bilateral trade in the last three years. Last year, U.S. exports to Cameroon more than doubled under President Obama`s National Export Initiative. And we are very pleased to see the increasing number of Cameroonian exporters who are now achieving success in the U.S. market”.

Concerning youth leadership training, he stated: “Under President Obama`s Young African Leaders Initiative, twelve young Cameroonians will travel to universities in America this summer for a new fellowship program. In addition, the embassy will sponsor more than 60 Cameroonians to the United States on short-term educational and training opportunities. Besides the embassy sponsorship, we are delighted to report that among African countries, Cameroon ranks fourth in terms of the number of students it sends to private and public American universities.”