Camrail invests CFA12 billion annually in Cameroon’s railway network and pays CFA10 billion in taxes. These insights were shared at the Yaoundé Economic Meetings, highlighting the company’s role in exports and economic contributions. AGL emphasizes three strategic priorities: improving trade efficiency, accelerating digitalization, and ensuring sustainability in logistics.
Cameroon Railways Company (Camrail) has declared an annual investment of nearly CFA12 billion in the nation’s railway infrastructure. In addition, it contributes around CFA10 billion each year in taxes to the Cameroonian government. These details were presented during the Yaoundé Economic Meetings held on February 26-27, 2025, facilitated by the Cameroon Employers’ Association (GICAM).
At the meetings, Alain Minoué, the Commercial and Marketing Director of Camrail, articulated the company’s significant contributions. He emphasized, “Beyond our mobility solutions, we help streamline port operations, enhance corridor competitiveness, and stabilize fuel prices. The railway also plays a crucial role in exporting large volumes of goods, including raw and processed timber, cotton fiber, sesame, and gum arabic—many of which come from Chad and the Central African Republic. These exports generate significant foreign exchange earnings.”
Camrail assumed responsibility for Cameroon’s railway operations in 1999, following the privatization of the previous state-run entity, Regifercam. Originally a subsidiary of the French Bolloré Group and then Africa Global Logistics (AGL), Camrail currently operates a 918-kilometer railway network managing both passenger and freight services.
Mama Nsounchiat Fit, the Deputy Managing Director of AGL Cameroon, highlighted the importance of the Yaoundé Economic Meetings, stating, “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 remains dedicated to supporting infrastructure and strategic services that drive the country’s growth.”
AGL has delineated three strategic priorities for enhancing its operations in Cameroon. Firstly, it seeks to improve trade flow efficiency via customized logistics solutions targeting local and regional markets. Secondly, AGL aims to expedite the digitalization of logistics services to enhance operational efficacy and bolster local business competitiveness. Lastly, the company is committed to developing sustainable, eco-friendly logistics solutions in accordance with Cameroon’s environmental objectives.
In summary, Camrail’s significant annual investment and tax contributions underscore its vital role in Cameroon’s railway sector. The company not only facilitates transportation but also contributes to economic growth through exports. AGL’s strategic initiatives focused on efficiency, digitalization, and sustainability further reinforce their commitment to developing the railway infrastructure in alignment with national objectives.
Original Source: www.businessincameroon.com
