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The BIPAGA-Grab. It may be another Easter of austerity for most, but for some international investors it’s pieces of land swapping hands instead of chocolate eggs, and nowhere more so than in beach resorts such as Bipaga-Kribi in Cameroon, where hectares of sand are being sieved through exchange in Africa’s gold-panning Eldorado.
[ 20 Apr 2014 | No Comment | 6,199 views]
The Kribi Deep Sea Port. Potential 'best hub' in Central and West Africa The Bridge MAG Image

This Easter, many wealthy international land investors will be gifting partners or loved ones golden eggs in the shape of sand shares in the beach resort of Bipaga-Kribi, Cameroon.

Owning a strip of BIPAGA-Kribi –also known as “the treasure island”– is the latest trend among land investors prompt to secure some of these sandy hectares (title deeds attached) in a bid to shore up investments in …