Camrail invests nearly CFA 12 billion yearly in Cameroon’s railway system, paying CFA 10 billion in taxes. The company, essential for enhancing logistics and export capabilities, emphasizes sustainability and efficiency as key priorities. During the 2025 Yaoundé Economic Meetings, AGL leaders reiterated their commitment to support Cameroon’s economic growth through improved logistics solutions.
The Cameroon Railways Company (Camrail) reported a significant investment, amounting to nearly CFA 12 billion annually, in the development of the nation’s railway infrastructure. Furthermore, the company contributes approximately CFA 10 billion each year in taxes to the government. These revelations were presented during the recent Yaoundé Economic Meetings hosted by the Cameroon Employers’ Association (GICAM) on February 26-27, 2025.
During the meetings, Alain Minoué, the Commercial and Marketing Director of Camrail, underscored the company’s vital role in improving logistics. He stated that the railway system facilitates port operations, boosts the competitiveness of transport corridors, and contributes to stabilizing fuel prices. Camrail is also pivotal in exporting substantial quantities of goods, including timber, cotton fiber, sesame, and gum arabic, primarily sourced from Chad and the Central African Republic, which enhances foreign exchange earnings for the country.
Camrail has operated Cameroon’s railway network, stretching 918 kilometers, since its privatization in 1999. Originally a subsidiary of the French Bolloré Group, it is now part of Africa Global Logistics (AGL). The company manages both passenger and freight transport across the railway network.
Mama Nsounchiat Fit, the Deputy Managing Director of AGL Cameroon, remarked on the significance of the Yaoundé Economic Meetings, emphasizing that it provided a platform for engaging with stakeholders. She expressed AGL’s commitment to fostering modern, efficient, and sustainable logistics while supporting crucial infrastructure that propels national growth.
AGL pinpointed three strategic priorities for improving logistics in Cameroon: enhancing trade flow efficiency with tailored solutions, advancing the digitalization of logistics for operational efficiency, and nurturing sustainable logistics practices that align with Cameroon’s environmental objectives.
In summary, Camrail’s annual investment and tax contributions highlight its critical role in Cameroon’s railway development and economic growth. The company, with its operational focus on improving logistics efficiency and sustainability, demonstrates a commitment to advancing the country’s transport infrastructure. Through strategic partnerships and modernization efforts, Camrail aims to enhance the competitiveness of Cameroonian businesses while supporting sustainable practices.
Original Source: www.businessincameroon.com