Cameroon loan for road project

A loan will help pay for a Cameroon road project.
Finance & Funding / February 21, 2022 25 seconds Read
By MJ Woof
Cameroon is to benefit from additional financing to improve road links – image courtesy of © Ruslan Olinchuk, Dreamstime.com
Cameroon is to benefit from additional financing to improve road links – image courtesy of © Ruslan Olinchuk, Dreamstime.com

A loan facility is being provided that will help pay for a key road project in Cameroon. The project will see work being carried out to 358km of roads in Cameroon, improving connectivity.

The US$49.25 million loan is being provided by the African Development Bank (AfDB). This comes in addition to the $207.57 million financing package already supplied by the AdDB for road works in Cameroon.

Essential maintenance and upgrade work will be carried out to a 50km section of road between Misaje-Dumbo and the border with Nigeria, the 96km Nkambe Bypass as well as an 80km stretch between Bamenda and Wum.
For more information on companies in this article