Camrail invests roughly CFA12 billion annually in Cameroon’s railway network and pays about CFA10 billion in taxes. This information was disclosed at the Yaoundé Economic Meetings, where Camrail officials discussed their contributions to trade, infrastructure, and the export economy, underscoring their commitment to sustainable logistics.
Cameroon Railways Company (Camrail) reported that it invests approximately CFA12 billion annually to enhance the nation’s railway infrastructure. In addition, the company contributes around CFA10 billion each year in taxes to the government. These financial commitments were presented during the Yaoundé Economic Meetings, hosted by the Cameroon Employers’ Association (GICAM) on February 26-27, 2025.
During the event, Alain Minoué, the Commercial and Marketing Director at Camrail, underscored the company’s vital role in the transportation sector. He stated, “Beyond our mobility solutions, we help streamline port operations, enhance corridor competitiveness, and stabilize fuel prices.” The railway system significantly facilitates the export of various goods, including timber, cotton fiber, sesame, and gum arabic, primarily sourced from Chad and the Central African Republic, thereby generating substantial foreign currency earnings.
Since its establishment in 1999, following the privatization of the state-run Regifercam, Camrail has risen to prominence as the principal railway operator in Cameroon. Originally a part of the French Bolloré Group, it is now associated with Africa Global Logistics (AGL) and manages a railway network spanning 918 kilometers, serving both passenger and freight services.
Mama Nsounchiat Fit, Deputy Managing Director of AGL Cameroon, noted the significance of the Yaoundé Economic Meetings. She remarked, “Our participation in the Yaoundé Economic Meetings was a valuable opportunity to strengthen dialogue with stakeholders and reaffirm our commitment to modern, efficient, and sustainable logistics.” AGL Cameroon aims to support infrastructure development and strategic services to foster national economic growth.
AGL has articulated three strategic priorities for its operations in Cameroon: enhancing trade flow efficiency through customized logistics solutions, advancing the digitalization of logistics services to improve operational efficiency, and promoting sustainable logistics solutions that are consistent with the country’s environmental objectives.
In conclusion, Camrail’s substantial annual investment of CFA12 billion in Cameroon’s railway system, coupled with its tax contributions, highlights the company’s commitment to enhancing transportation infrastructure and fostering economic growth. The insights revealed during the Yaoundé Economic Meetings reflect the significance of effective logistics solutions and underline the importance of sustainable practices in Cameroon’s development agenda.
Original Source: www.businessincameroon.com
