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French group Duval plans investments in the real estate, microfinance, and insurance sectors – CameroonOnline.org


Business in Cameroon | Eric Duval (picture), the founding father of French group Duval, was granted an viewers by Cameroon’s Prime Minister Joseph Dion Ngute, in Yaoundé on September 10.

At the finish of the viewers, the founder defined that they mentioned his deliberate investments in varied sectors together with residential and industrial real property, and resort trade.

“We are planning investments, which will start in the coming months, in Douala and Yaoundé. We are also planning to invest further into the microfinance and insurance sectors,” the French businessman stated. ?

Let’s notice that Duval is already current in Cameroon. Via Finafrica (its department in the finance sector), it acquired majority stakes in microfinance establishment Fonds Cameroun d’épargne pour le progrès (Focep) in April 2020. Also, in November 2019, the French group signed an settlement with the Port Authority of Kribi for the building of assorted buildings inside the Port of Kribi.

The French agency, which has 25 years of expertise and a turnover estimated at €700 million (XAF458.5 billion), employs 4,000 folks.



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