Business News of Wednesday, 31 August 2016Source: cameroon-info.netThe digital economy should cost FCfa 600 bln - MinisterMinister of Post and Telecoms, Minette Libom Li Likeng. Cameroon will need investments worth approximately FCfa 600 billion, to finance its national digital economy development plan, we learned at the end of a meeting organised on 26 August 2016 in Yaoundé, the capital by the Minister of Post and Telecoms, Minette Libom Li Likeng. The creation of this digital economy development plan is the result of an order given to the Cameroonian government by the Head of State, during his address to the Nation given at the end of 2015. President Biya then invited his collaborators to work so as to seize all opportunities provided by the digital economy, to speed the development of the country. As a reminder, in its 2016 report on ICT entitled “innovation in the digital economy”, the World Economic Forum (WEF) ranks Cameroon at the 124th position out of 139 countries in the world.

Source: CameroonWeb August 31, 2016 09:51 UTC