Seminar on Business Law at the University of Buea, Discussions on OHADA Law Take Centre Stage
- 28/04/2025
- SP-OHADA
- 137
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- 🇨🇲 Cameroon
Situated at the south-west Region of Cameroon, the University of Buea played host on Friday April 11, 2024 to a seminar on business law. This event, organised by the Department of Business Law of the Faculty of Law and Political Science of the said University, was enriched by five presentations. First to take the floor during the proceedings was Dr. Alexis NDZUENKEU, head of OHADA delegation. He addressed participants in English on the following topic: “OHADA and its Institutions: a Guarantee of Economic Growth in Africa”.
Recalling the context of economic crisis which led to the creation of OHADA in 1993, Dr. Alexis NDZUENKEU further laid emphasis on the institutions of OHADA, the eleven Uniform Acts in force and their effective application in its 17 member countries and their significant impact on economic development. Economic impact studies have clearly shown that OHADA has postioned itself over time as a key stakeholder for continuous improvement of business climate within member countries which form a vast market of more than 320 milion consumers, concluded the speaker .
To enhance the effectiveness of multilingualism in the OHADA area, Dr. Alexis NDZUENKEU handed over, on behalf of the Permanent Secretary, an important consignment of Uniform Acts accompanied by pamphlets on OHADA, its institutions and law, all translated into English.