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These well-known personalities took to the rostrum to face hundreds of local and foreign participants, after a welcome address from the President of the Republic of Cameroon, Paul Biya.
The first speaker, Jose Manuel Barroso former President of the European Commission (2004-2014) said Cameroon like Africa is an economic reserve that needs to be effectively exploited for the economic interest of her citizens.
He insisted that a favourable investment zone in which Cameroon is battling for, should have good investment policies that favours investors.
Jose Manuel Barroso also called on the Cameroon government to ensure good governance, security and open their doors to local investors which will in turn attract foreigners.
On his heels was Dr. Chung Un-Chung, former Prime Minister of the Republic of Korea who won hearts of many investors with Korean successful story, a story that help transited Korea from a very poor cycle to the seventh biggest economic power in the world.
He said Cameroon should encourage shared growth and prosperity in a bid stop the vicious cycle where the rich get richer and the poor poorer.
Adding to what the Korean PM said, the Chairman of the United Bank for Africa, Tony Elumelu expressed the need of expanding UBA banks engagement in Cameroon.
The philanthropist encouraged the Cameroon government to ensure capital investments in domains like telecommunications, agriculture, and commerce.
He has pledged to partner with the Cameroon government in his Tony Elumelu foundation that encourages 10000 young African business start-ups.
Many speakers in the timetable are schedule to showcase Cameroon’s investment opportunities during working sessions.
Uganda's long-time president has promoted his son to a two-star general, bolstering speculation that the son's rise in the army could eventually lead to a political career.
With the promotion, President Yoweri Museveni's son, Muhoozi Kainerugaba, becomes a major general and remains the top commander of Uganda's special forces, an elite unit within the regular army that is mainly in charge of protecting the president and top government officials.
Military spokesman Lt. Col. Paddy Ankunda said Tuesday that Muhoozi is one of five army officers promoted in changes announced late Monday.
Many Ugandans believe Muhoozi, 42, is being groomed to eventually succeed Museveni, who has ruled this East African country for 30 years. Museveni has denied that his son will succeed him, saying that Uganda is not a monarchy.
The U.S. military has looked at 11 locations for a potential second base in Africa, according to a spokesman for the U.S. Africa Command (AFRICOM).
Colonel Mark Cheadle, speaking to VOA in Brussels on Tuesday, would not disclose which locations the military is considering for a possible second base, other than to specify that "Nigeria isn't one of them."
The United States currently has one military base in the east African nation of Djibouti. U.S. forces are also on the ground in Somalia to assist the regional fight against al-Shabab and in Cameroon to help with the multinational effort against Nigeria-based Boko Haram.
AFRICOM commander General David Rodriguez told reporters in Brussels that the U.S. military has trained members of Nigeria's intelligence corps as well as three Nigerian battalions, including one that "just recently" graduated.
"Boko Haram is the biggest killer of people across the world," the general said.
Rodriguez also said the command's headquarters, located in Stuttgart, Germany, will stay in Europe for the foreseeable future.
The command's stated mission is to advance U.S. interests and promote security and stability in Africa.
Meanwhile, as the Libyan Government of National Accord (GNA) continues to struggle against the approximately 4,000 to 6,000 Islamic State militants in the country, Rodriguez says the U.S. military is "prepared to support" a train-and-equip mission there when the Libyan government is ready for it.
But Libya's internal politics have made it unclear which armed groups are fighting with the GNA, Rodriguez added, leaving the U.S. "really dependent" on the Libyan interim government to determine "who is with them and who is moving over to them."
Militias will likely be key to stopping the spread of Islamic State once friendly forces are identified and aided.
"We're not at that point yet," he said.
Libya is under a U.N. arms embargo imposed to keep lethal weapons away from terrorists and militias vying for power.
However, a joint communique issued after international talks Monday in Vienna signaled that international powers, including the U.S., are set to provide arms and support to the Libyan government to fight Islamic State.
"The things that they need most is really ammunition and small arms," Rodriguez said. "It's not fighter aircraft and that kind of stuff."
Pentagon Press Secretary Peter Cook told reporters Tuesday at the Pentagon that there were small teams of U.S. forces on the ground in Libya to get a "better sense of the players" to more accurately understand the Islamic State's presence and strength level.
Michael O'Hanlon, a senior fellow on defense strategy at the Brookings Institution, said the 20 to 25 U.S. forces now in Libya, along with other NATO allies on the ground there, should "get serious" about a training mission for a Libyan military or integrated paramilitary.
"I'm interested in asking if 1,000 to 2,000 Americans at the right time could make a big difference," he told VOA.
Indomitable Lions team captain, Stephan Mbia and the team’s veteran goalkeeper, Kameni Carlos are both absent in the 23 man list of players made public for the May 30 friendly match against France.
The teams head coach HUGO Broos published the list this Tuesday as the lions prepare the friendly match and the eliminatory AFCON game against Mauritania on June 3, 2016.
Wonder boy Clinton Njie makes his comeback from an injury he suffered; Choupo Moting and Enoh Eyong Tarkang equally make a comeback.
But the conspicuous absence of Captain Stephan MBIA and keeper Idriss KAMENI can be seen in the new list.Three local Players from the professional football league, Djeite of Union Douala, Ngewn from Unisport of Haut-Nkam and Mbimbe of Coton sport of Garoua.
The following players are expected to meet on May 22, ahead of the two matches.
André Onana (Ajax Amsterdam, Holland), Guy Roland Ndy Assembe (Nancy, France), Fabrice Ondoa (Tarragone, Spain).
Allan Nyom (Watford, England), Nicolas Nkoulou (Marseille, France), Aurélien Chedjou (Galatasaray, Turkey), Henri Bédimo (Lyon, France), Bitolo Ambroise Oyongo (Impact Montréal, Canada), Adolphe Teikeu (Sochaux, France), Aaron Mbimbe (Coton sport of Garoua), Djeitei (Union of Douala)
Jonathan Ngwen II (Unisport, Cameroon), Franck Kom (ES Sahel, Tunisia), Sébastien Siani (Ostende, Belgium), Georges Mandjeck (Kayseri E. , Turkey),Enoh Eyong (Belgium)
Vincent Aboubakar (FC Porto, Portugal), Eric-Maxim Choupo-Moting (Schalke 04, Germany), Benjamin Moukandjo (Lorient, France), Jacques Zoua (Gazélec Ajaccio, France), Edgar Salli (Saint-Gall, Switzerland), Anatole Abang (New York Red Bulls, USA), Karl Toko-Ekambi (Sochaux, France), Njie Clinton (Tottehnam, England)
The on-going International Economic Conference in Cameroon will amongst other things, be an opportunity for the Cameroon to improve onits poor electronic business sector that has really been lacking behind standards.
The conference which opened this Tuesday, 17th May 2016 in Yaounde has brought together business magnates from Africa and beyond to discover investment opportunites in Cameroon.
With electronic business (e-business) being a latest form of exchange on the international market, with Camerroon left far behind standards, the participants are sure to evoke the topic.
Cameroon is yet to fully embrace and embark on e-business with statistics from Salon Afrikebiz of April 2015 indicating that just two per cent of Cameroonians buy and sell on the internet.
Experts say this slow pace is due to limited and high cost of internet in the country and the lack of awareness from most of heads of Departments and Ministries.
That notwithsatanding, the Director of Google for Africa, Tidjane Deme says Cameroon has potentials in the domain of e-business due to its excellent university training, high literacy
rate and "bilingualism".
It is worth mentioning however that some e-business start-ups have sprouted in the country in recent years, but have faced very slow or negetive growths.
Since the digital economy, with its innovations like e-business, demands the presence of experts, the necessary hardware and adequate training, discussions during this International Economic Conference will tackle these aspects and lay concrete groundwork towards a better use of the electronic business by Cameroonians of all ages.
Africa’s first solar powered bus developed in Uganda to be show cased in a prominent United Nations Environmental Assembly world meeting next week.
Uganda will be highlighting the high levels of sustainable innovation taking place in the country by showcasing the Kayoola Bus in the world meeting set to be held in Nairobi.
The solar bus has already been flagged off from Uganda to Nairobi. Kayoola solar bus is a concept vehicle developed by Makerere University and the Kiira Motor Corporation.
“This is the right direction for our country to attain middle income status. And with your 13-year masterplan you cannot fail in this mission,” Gen Salim Saleh, the commander, Operation Wealth Creation told the staff of Kiira Motors Corporation during the flag-off ceremony.