Cameroon’s Investment Promotion Agency (IPA) signed an investment promotion agreement with Morocco to expand cross-border projects and strengthen economic cooperation. The deal, formalised through a Memorandum of Understanding between IPA and the Moroccan Agency for Investment and Export Development, AMDIE, sets out a framework for closer collaboration, as Cameroon intensifies efforts to draw regional investors into its economy.
The MoU was signed on 25 December at AMDIE’s headquarters in Rabat by IPA’s interim Director General, Boma Donatus, and AMDIE Director General, Ali Seddiki. The agreement focuses on cooperation in investment promotion, information sharing and the identification of joint opportunities between the two countries. IPA said the deal positions both agencies to work more closely to attract and facilitate investments, particularly as Cameroon expands its outreach to international investors through a targeted economic mission in Morocco.
The signing comes amid discussions with major Moroccan investor groups, including companies based in Casablanca Finance City. The Cameroonian delegation held talks with representatives of about ten large investment groups, presenting opportunities in sectors open to foreign capital. IPA also engaged with the Regional Investment Centre of Rabat, where Cameroon’s fiscal, administrative and regulatory incentives for investors were outlined to Moroccan business leaders and members of the Cameroonian diaspora. Morocco’s investment ecosystem, which counts nearly 300 companies operating across multiple sectors, was presented as a potential source of investment flows into Cameroon.
Speaking after the signing, AMDIE Director General Ali Seddiki said the agreement aligned with Morocco’s broader regional strategy. “This MoU that has been signed is an expression of the vision of His Majesty King Mohammed VI for South-South cooperation, a balanced cooperation that aims to win together, promote productive investments and create jobs in Africa for Africa,” he said.
On the Cameroonian side, Boma Donatus said the agreement was expected to encourage Moroccan investors to consider Cameroon as a destination. “It is Moroccan investors who will be attracted to Cameroon thanks to this agreement. And Morocco truly offers one of the greatest opportunities,” he stated.
The MoU fits into a broader Cameroon-Morocco cooperation agenda that links investment promotion to concrete project development. IPA’s economic mission will continue with further engagements planned in the Fez–Meknès region, which is identified as another area of financial potential for both countries. Follow-up activities have already been scheduled, including the Cameroon Investment Forum and the Fez Investors Forum, planned for 2026, which aim to convert promotional discussions into actual investment projects. The mission is also taking place on the sidelines of the 2025 Africa Cup of Nations in Morocco, which Cameroon is using as a platform to combine economic diplomacy with heightened international visibility, reinforcing its push to attract new investment partnerships.
Mercy Fosoh
