Cameroon’s Ministry of Transport has signed an agreement with French company Lagardère Travel Retail to establish duty-free shops at the Douala and Yaounde-Nsimalen international airports.
The deal was formalised on Wednesday, Sept. 11, between Aéroports du Cameroun (ADC S.A.) and Lagardère Travel Retail Group in the presence of Transport Minister Ernest Massena Ngalle Bibehe.
Thomas Owona Assoumou, General Manager of ADC S.A., signed on behalf of the Ministry, while Sounou Bousso, President of Lagardère Travel Retail Group, signed on behalf of the company.
The contract is expected to enhance economic activity at the airports.
“We are committed to contributing to the ambitious project to renovate Douala airport by rethinking not only commercial spaces but the entire passenger experience,” said Sounou Bousso.
“Our goal is to make Cameroon’s airports dynamic hubs, where every traveller feels both welcome and valued.”
Owona Assoumou added that the deal would generate new income streams for the Ministry.
“There are levies they are going to pay: occupancy and revenue. Summarily, we should expect a 20% envelope on sales of local products and a shared quota on the net income,” he said.
Lagardère Travel Retail operates duty-free shops and restaurants in airports, offering travellers a range of goods and services.
The company operates in over 40 countries and nearly 250 airports worldwide. Known for its ability to innovate and adapt to local markets, Lagardère aims to enhance the traveller experience by blending culture and commerce.
The company’s mission is to transform waiting times into moments of discovery and enjoyment, curating experiences that resonate with individual preferences.
Dans une soirée marquée par l'intensité des émotions, Tottenham a réalisé un exploit mémorable en…
The Cameroonian Veterans Football League (CVF) has recently commenced its inaugural season in the United…
Cameroon’s 53rd National Day was marked by a significant public turnout at the Buea Independence…
Ce soir, le monde du football sera témoin d'un moment historique lorsque André Onana, le…
L'hôpital Laquintinie de Douala rappelle les informations essentielles concernant le don de sang, une démarche…
On May 20th, soldiers narrowly escaped injury after an Improvised Explosive Device (IED) detonated near…