Cameroon’s President Paul Biya has for the first time sent a delegation to Europe to try to encourage well-off Cameroonians living there to invest back home. But members of Cameroon’s diaspora say undemocratic practices and corruption in Biya’s government put off investors. Government officials say a delegation led by Youth Affairs and Civic Education Minister Mounouna Foutsou was dispatched to Germany this week to ask Cameroonians there to invest in their country of origin. Foutsou said his wish is for all Cameroonians in the diaspora to put aside their differences and help develop Cameroon. “The head of state reiterated his call to the Cameroonian diaspora to come and build Cameroon. We seize this opportunity to come and exchange with the whole Cameroonian diaspora here in Europe so that we can present the different opportunities offered by the president of the republic and his government so that the Cameroonian diaspora can come back and participate in the development of the nation,” said Foutsou. Foutsou said the government will offer tax exemptions of up to 40 percent for diaspora investments in Cameroon, and loans of up to $10,000 with no interest rates for diaspora youths who return to invest in agriculture and livestock. Kennedy Tumenta is a Cameroonian investor who lives in Germany. He said many in the diaspora find it hard to trust promises made by their government. He said corruption, high taxes and a lack of confidence in President Biya, who has been in power for 40 years, scare investors. “Freedom is restricted and they are afraid to move around in Cameroon and do their businesses and speak freely. Most diasporans believe that there is widespread corruption when it concerns opening businesses in the country or the Northwest-Southwest crisis is not being taken into consideration seriously by the government in place. It makes them frustrated and the only way to express this frustration is either to withdraw their investments in the country or attacking the head of state,” said Tumenta. Separatists have been fighting to carve out an independent English-speaking state in mainly French-speaking Cameroon, since 2016. The U.N. says 3,300 people have died in the fighting. Some disgruntled Cameroonians in the diaspora have become hostile to the government, and at least seven Cameroonian embassies have been attacked or ransacked since January 2020. Felix Mbayu is a top official with Cameroon’s Ministry of External Relations. He said Cameroonians taking part in such protests are hurting the country’s image. “Those who left Cameroon unhappy and have not been able to make it there are those who would speak ill of Cameroon. Those who left Cameroon to better their lot in life and have made it there are those who come back to invest in Cameroon. That is why you see medical doctors who have built hospitals, built clinics, who bring back home medical supplies. You don’t see them in the idle marches abroad. In fact, when you talk ill of your own home, you tarnish your own image,” said Mbayu. An estimated five million Cameroonians live abroad. The government says the largest diaspora population is in Nigeria where about two million live. There are also high concentrations in Belgium, France, Germany, the United Kingdom and the United States.
Similar Posts
NSO Confirms Pegasus Spyware Used by at least 5 European Countries
The beleaguered Israeli surveillanceware vendor NSO Group this week admitted to the European Union lawmakers that its Pegasus tool was used by at least five countries in the region. “We’re trying to do the right thing and that’s more than other companies working in the industry,” Chaim Gelfand, the company’s general counsel and chief compliance…
ALPHV ransomware group developed a search website for stolen data
The ALPHV ransomware group (also known as BlackCat) has devised a new method of threatening its targets. The group cleverly designed websites that let its victims’ employees and customers review if hackers stole their data during an attack. Most of the time, some threat groups will use the stolen data for double-extortion tactics, in which the adversaries…
Conservationists Seek Halt of Major Australian Gas Project
Conservationists are launching a federal court challenge against a major gas project off Western Australia’s coast. Campaigners insist the plan would be, in their words, a “really, really big carbon bomb,” although the company involved says it has passed rigorous environmental scrutiny. The Scarborough gas field is a natural gas field located in the Indian…
Why Are Turkey’s Allies Fighting Each Other In Syria
Turkey’s handling of recent clashes between allied groups in Syria has called its intention into question, with some arguing that the jihadi outfit controlling Idlib has gained a foothold in Afrin by using a Turkish-linked group as a Trojan horse. Before Turkey could make good on its threats of a fresh military thrust in Syria,…
Chinese Hackers Distributing SMS Bomber Tool with Malware Hidden Inside
A threat cluster with ties to a hacking group called Tropic Trooper has been spotted using a previously undocumented malware coded in Nim language to strike targets as part of a newly discovered campaign. The novel loader, dubbed Nimbda, is “bundled with a Chinese language greyware ‘SMS Bomber’ tool that is most likely illegally distributed…
DR Congo welcomes deployment of regional force to fight rebels
Kinshasa says it will not accept the participation of Rwandan troops in any regional force to fight the M23 rebels. The Democratic Republic of the Congo (DRC) has welcomed Kenya’s proposal to deploy a regional force to fight the M23 rebel group in the east of the country, but said it won’t accept neighbour Rwanda’s…