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Leveraging Diaspora and resident savings: A new frontier for Cameroon’s economic development

By Louisa KINYUY

© Minfi The mobilization of domestic and diaspora savings as a powerful engine for national growth took center stage this Tuesday, July 7, 2026, in Yaounde. The Minister of Finance, Louis Paul Motaze, officially opened a high-level conference held alongside the presentation of the DIASDEV (Diaspora and Development) project. Headed by the Deposit and Consignment Fund of Cameroon (CDEC), this initiative marks a strategic shift toward channeling private wealth into structural public investments....