Cameroon - Project FinancingCameroon - Project Financing
Foreign investors can obtain local financing for investment and trade purposes at non-discriminatory terms. However, most foreign investors prefer to borrow from foreign sources due to Cameroon's comparatively high interest rates. Because local sources of financing are limited and expensive, competitive credit terms may be of primary importance to a potential buyer, even compared to product quality, sustainability or other factors. Some exporters often grant up to 180-day terms for local buyers who can obtain ratings from COFACE or other international credit insurance companies. Project financing is sometimes available through multilateral financial institutions.
The Export-Import Bank of the United States (EXIM) and the Overseas Private Investment Corporation (OPIC) can insure and finance investments in which the U.S. stake is 25 percent or above. Both EXIM and OPIC have open projects in Cameroon and are favorably known by Cameroonian government officials.