{"id":7561,"date":"2020-09-02T22:40:40","date_gmt":"2020-09-02T22:40:40","guid":{"rendered":"https:\/\/www.foretiafoundation.org\/events\/disseminating-the-research-findings-of-a-thematic-report-on-starting-a-business-in-cameroon-2\/"},"modified":"2020-09-02T22:40:40","modified_gmt":"2020-09-02T22:40:40","slug":"disseminating-the-research-findings-of-a-thematic-report-on-starting-a-business-in-cameroon-2","status":"publish","type":"mec-events","link":"https:\/\/www.foretiafoundation.org\/staging\/event\/disseminating-the-research-findings-of-a-thematic-report-on-starting-a-business-in-cameroon-2\/","title":{"rendered":"Disseminating The Research Findings Of A Thematic Report On Starting A Business In Cameroon"},"content":{"rendered":"
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Date:<\/b>\u00a0August 26, 2020 –<\/strong> Time:<\/strong> 3:00 pm to 4:30 pm<\/strong> (Cameroon Time)<\/p>\n

online via Zoom<\/strong><\/p>\n<\/blockquote>\n

Background<\/strong><\/p>\n

For over a decade, and within the construct of Cameroon Business Forum (CBF), Cameroon has carried out numerous reforms to ameliorate its business environment. The country aims to attract the local and foreign direct investment needed for its economic progress, job creation, and living conditions of its people. Nonetheless, there are several blockages to enhance the business environment in Cameroon to encourage business creation. The ranking in Doing Business is a solemn recap of those obstacles each year. Starting a business in Cameroon is hampered by several barriers that can be diagnosed at different levels: 1) The legal aspect: the OHADA reforms to which Cameroon is a party have not yet thrived to motivate the formation of Limited Liability Companies but have preferred the creation of \u2018Establishments\u2019. Besides, the essential documents to start a business is still many, corruption and fiscal pressure remain an unfavorable element for business owners. 2) Concerning the governance aspect, entrepreneurs still face several barriers such as tense relations between private sector actors and the state authorities in charge of taxation. 3) Regarding the gender aspect, we notice that women still face a lot of challenges when they want to invest. Most of them do not have access to land easily and their desire to invest depends on the endorsement of their husbands. 4) Regarding trade agreements, there is a lack of free competition and openness in the market, the taxation policy is counter-productive, and we have unfair economic policies. 5) Looking at impact investment, government subventions are not restricted to the benefit of enterprises with social impacts.<\/p>\n

Purpose of the event<\/strong><\/p>\n

The seminar aims to report on the progress that Cameroon has made in the business environment as regards starting a business; and what is still expected to achieve an effective free-market society where business can thrive.<\/p>\n

The date, host, and method of the event<\/strong><\/p>\n

The seminar is scheduled to take place online via Zoom <\/strong>on August 26, 2020<\/strong> from 3:00 pm to 4:30 pm<\/strong> (Cameroon Time). It will be hosted by the Nkafu Policy Institute, a leading Cameroonian think tank lodged at the Denis and Lenora Foretia Foundation. The discussions will be registered and shared with registered participants.<\/p>\n

Panelists<\/strong><\/p>\n

The panel will be constituted of four speakers and a moderator. They include:<\/p>\n

Panelists:<\/strong><\/p>\n

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Dr. Louis-Marie Kakdeu<\/h3>\n

<\/h4>\n

Director of Nkafu Fellows at the Nkafu Policy Institute and Team Lead of the Cameroon DBI Project, Yaound\u00e9-Cameroon<\/p>\n

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Mr. Egoh Aziz<\/h3>\n

<\/h4>\n

Development Policy Analyst at the Nkafu Policy Institute and Team Member of the Cameroon DBI Project, Yaound\u00e9-Cameroon<\/p>\n

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Mr. Ngeh Edison Tamfu<\/h3>\n

<\/h4>\n

Business and Development Consultant \u2013 Director of EDOAN Enterprises, Yaound\u00e9-Cameroon<\/p>\n

Moderator:<\/strong><\/p>\n

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Dr. Fuein Vera Kum<\/h3>\n

<\/h4>\n

Research Fellow at the Nkafu Policy Institute, Yaound\u00e9-Cameroon<\/p>\n

Thematic concerns<\/strong><\/p>\n

The discussion will be focused on five main issues that act as impediments to business creation in Cameroon, and are formulated as follows:<\/p>\n