Cameroon Pitches High-Potential Sectors to Moroccan Investors Ahead of CFC Africa Tour

Cameroon has pitched agro-processing, aquaculture, cotton transformation and palm oil production as investment opportunities to Moroccan investors ahead of the Casablanca Finance City Africa Tour scheduled for November.

The sectors were identified during a meeting held on June 10, 2026 between Minister of Trade Luc Magloire Mbarga Atangana, Morocco’s Ambassador to Cameroon Abdelkader Jamoussi and Hicham Chaoudri, Director of Institutional Affairs and African Partnerships at Casablanca Finance City (CFC).

The meeting formed part of preparations for the upcoming CFC Africa Tour economic mission and focused on opportunities for direct investment, commercial partnerships and joint ventures between Moroccan and Cameroonian companies. Also present were Omer Maledy, Executive Secretary of the Interprofessional Cocoa and Coffee Council (CICC), and the Centre Regional Delegate of the Chamber of Commerce, Industry, Mines and Crafts (CCIMA).

Casablanca Finance City serves as a platform connecting international investors with African markets and hosts major American, European and Asian companies seeking investment opportunities across the continent.

Explaining the purpose of the visit, Chaoudri said companies operating within the CFC ecosystem had expressed strong interest in Cameroon’s economic potential.

“We have the largest American, European and Asian companies that want to invest in Africa in various sectors from Casablanca. All the companies in our ecosystem are very interested in Cameroon, which is why we are here,” he said.

Focus on value addition

During the discussions, Minister Mbarga Atangana emphasised the government’s commitment to industrialisation through the local processing of raw materials, in line with President Paul Biya’s economic transformation agenda.

He identified cocoa and coffee as among Cameroon’s most competitive agricultural products. Officials noted that Cameroonian cocoa is internationally recognised for its quality, while locally produced Arabica and Robusta coffee varieties can achieve quality scores of up to 90 out of 100.

The palm oil sector was also presented as a major investment opportunity. Cameroon has refining facilities with an installed capacity of approximately 800,000 tonnes per year, but national production stands at only around 300,000 tonnes, creating a significant supply gap for processors.

Officials noted that palm oil is used across a wide range of agro-industrial activities beyond edible oils and soap manufacturing, providing opportunities for further industrial development.

Aquaculture emerged as another priority area. National fish consumption is estimated at about 500,000 tonnes annually, compared with domestic production of roughly 200,000 tonnes. Authorities said the country’s extensive rivers, lakes and other water resources offer considerable potential for expanding fish production and reducing imports.

The cotton industry was likewise identified as a sector with significant untapped potential. Cameroon produces approximately 300,000 tonnes of cotton each year, but most of the output is exported without processing. According to the Ministry of Trade, only around 2 per cent of production is currently transformed locally.

Beyond agriculture and agro-industry, officials pointed to opportunities in infrastructure, logistics, renewable energy, ecotourism and mining as sectors capable of attracting foreign investment.

The November CFC Africa Tour is expected to provide a platform for Cameroonian businesses and institutions to engage directly with Moroccan and international investors seeking opportunities across Central Africa.

Mercy Fosoh