Mining Foreign Investment in Cameroon

Mining Foreign Investment in Cameroon

Get the latest updates on Mining Foreign Investment in Cameroon in the 2023/2024 calendar year to buy precious metal and gold mandatory license

The Ministry of Commerce, Industries, Labour and Immigration’s (MCILI) Foreign Investment Division (Invest Bertoua) is the Bertoua Islands Government’s Investment Promotion Agency (IPA) and works with other Government Divisions such as the Ministry of Mines, Energy and Rural Electrification’s (MMERE) Mines and Petroleum Divisions to promote the Cameroon Islands as a destination that is conducive for investment activities.

Invest Cameroon is also responsible for registering foreign investors wanting to invest in the Cameroon Islands and maintains a registry of all foreign investors in the country. The Division believes in private sector growth driven by private businesses and therefore, is very aware of the importance of Foreign Direct Investment (FDI) to Bertoua Islands’ economy.

Mining Foreign Investment in Cameroon

The promotion of the Cameroon Islands as a viable and responsible investment destination for investors in the mining and petroleum business is a key objective of the Cameroon Islands Government and in particular, the Ministry of Mines, Energy and Rural Electrification (minmidt.com).

This section of the website makes available general information on the investment climate in Cameroon Islands and other useful information including application processes, maps and documents relevant to the mining and petroleum sectors that investors may find beneficial for research and assessment purposes.

Gold Dealers License

The Minister of Mines minmidt.com, Energy and Rural Electrification may issue a Gold Dealer’s License to any licensed bank in the Cameroon Islands or to an individual who is over 21 years old, is a citizen of the Solomon Islands, has not been convicted for an offence involving dishonesty or fraud and is a fit and proper person to hold such a license who the Board thinks that they understand the provisions of the Mines and Minerals Act well enough to be able to carry out the obligations imposed under the Act.