Cameroon Pursues Alternative Financing to Achieve Development Goals

Cameroon seeks innovative financing strategies to meet its National Development Strategy (SND30) by 2030, emphasizing structured finance. A seminar in Douala provided insights into alternative funding methods such as public-private partnerships and securitization. The government plans to raise significant debt for development, necessitating a shift from traditional finance to attract international investments.

Cameroon is in urgent need of substantial funding to achieve the objectives outlined in its National Development Strategy (SND30) set for 2030. Constraints in domestic financial resources and limited access to traditional financial markets have hindered these efforts. Consequently, the nation is exploring alternative financing avenues, primarily structured finance, as highlighted in a recent seminar in Douala organized by GM Finance with the Ministry of Finance’s support.

In conclusion, Cameroon faces a critical funding gap in meeting its development goals, prompting a shift towards innovative financing strategies. By leveraging structured finance and exploring options like securitization, the nation can unlock vital resources for its ambitious SND30 program. Strong financial engineering and a transparent governance framework will be essential to attract international investors and secure the required funds for sustainable development.

Original Source: www.businessincameroon.com