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SNI - Société Nationale d'Investissement

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SNI - Société Nationale d'Investissement

Overview:

The National Investment Corporation of Cameroon (SNI), set up in 1964 as a State-owned corporation with the State as sole shareholder, has as objective to mobilize and channel national savings and other national and international financial resources.

It has a registered capital of 22 billion FCFA.

Beacuse of its manifold missions, the SNI is a major player in the Cameroonian economic environment.

It is :

·         A State owned company managed as a business corporation, which provides support to Government’s economic, industrial and social strategies. In addition, it is subject to the obligations of ordinary law.

·         A venture capital company that acquires equity in new or existing companies with good commercial and financial prospects.

·         A promoter which initiates, carries out studies and sets up projects in joint venture with previously identified technical, financial or commercial partners;

·         A funding institution that provides support to viable and financially profitable economic projects through loans and/or advances to shareholders’ current accounts.

·         A facilitator that receives and accompanies investors as well as financial and technical partners who so desire in the implementation of their projects.

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