Diverse Economy

    • Stability since unification in 1962 has led to development of agriculture, roads, railways and the petroleum industry
      • 15% of land is used for agriculture
      • o Oil production of approx. 65,330bbl/day

Strong Power Potential

      • Current national grid capacity 1,017MW, with 95% from hydroelectric
      • Government targeting 3,000MW by 2020
      • Among the greatest potential for hydroelectric power in Africa

Infrastructure Expertise

      • Government experienced with large infrastructure projects. E.g. COTCO: 886km of oil pipeline built in Cameroon, for Chad exports

Supportive of Mining Industry

    • Attractive mining code: 2.5% royalty. 10% free carried for Government
    • Both English and French used as official languages