Cameroon (University of Buea) The University of Buea & UB Corporate Ltd in Partnership
The University of Buea and the UB Corporate Ltd, have signed a Partnership Agreement for the Construction of the University Printing Press.
This is another milestone registered after the launch of UB Finance in May 2023. By this Partnership Agreement, the UB Corporate Ltd will finance, purchase,install, maintain and manage the University of Buea Printing Press.
Speaking at the signing ceremony on June 29, 2023, in the Boardroom of the Central Administrative Building, Professor Ngomo Horace Manga, Vice-Chancellor underscored the pivotal nature of the project, which he termed as an absolute necessity in any renowned Higher Educational Institution. He situated the financial benefits of the Printing Press in helping universities to generate income and become autonomous.
In response, the CEO of UB Corporate Ltd, Professor Michael Sone, Director of the College of Technology (and a technocrat) said “this is a win-win venture and we promise to meet our terms of the agreement”. Meanwhile, the Chairman of UB Corporate Ltd, Professor Michael Fossung expressed his satisfaction at the way the University of Buea Community embraced the idea of the UB Corporate Ltd and promised that they will meet the expectations of the University of Buea.
The UB Corporate Ltd is an initiative of Professor Ngomo Horace Manga, Vice-Chancellor of the University of Buea to generate income that will supplement government subsidies to the University. Feasibility studies have already begun for the commencement of work for the realization of the project. The state-of-the-art Printing Press is expected to cost about 50million francs CFA .