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French business magnet unveils plans to invest in Cameroon

The CEO of Duval Group has expressed his desire to invest in Cameroon. Meeting with the Prime Minister Chief Dr Joseph Dion Ngute, Eric Duval said he will invest in different areas: real estate, commercial real estate, real estate-business, and hotels.

Speaking to reporters at the end of the meeting with the Head of Government, the Duval Group boss reiterated, “We have planned investments in Yaoundé and Douala. These operations are due to start in the next few months, ”the businessman said. And to add: “We also plan to develop in microfinance and insurance.”

Duval is already present in Cameroon. Through Finafrica, an entity that manages “Finance” activities, the French group took control of the Cameroonian Savings Fund for Progress (Focep) microfinance last April. In addition, Duval officials signed in November 2019 an agreement for the development of a real estate infrastructure city within the industrial-port complex of Kribi, in the South region of Cameroon.

« For 25 years, we are committed to creating long-term sustainable value by supporting human, social, environmental, and entrepreneurial initiatives that correspond. »Éric Duval, President & Founder of Duval Group

Groupe Duval is now a player in the real estate market thanks to wide-ranging expertise and numerous successful projects. With experience in all real estate fields, our Group is unique in its market: it invests in regional projects, developing their appeal, supports innovation, all the while building a sustainable society. In this way, it has created strategic synergies that make it a standout in all major markets.

The French company employs 4,000 people and boasts 25 years of experience. Its turnover is estimated at 700 million euros, or approximately 458.5 billion FCFA.