AFDB APPROVES GRANTS FOR BRIDGE CONSTRUCTION LINKING CHAD AND CAMEROON

AFDB APPROVES GRANTS FOR BRIDGE CONSTRUCTION LINKING CHAD AND CAMEROON

The Board of Directors of the African Development Bank Group has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.

The grants, comprising a €20.785 million tranche for Cameroon and €19.215 million for Chad, were approved on 30th April

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CONSTRUCTION OF THE CAMEROON-NIGERIA ROAD TO COMMENCE SOON.

CONSTRUCTION OF THE CAMEROON-NIGERIA ROAD TO COMMENCE SOON.

Cameroon signs US $20 million loan form African Development Bank (AfDB) for the construction of the Cameroon-Nigeria road.

This project is in line with the government’s vision to build a harmonized and efficient road network in the country as well as linking other neighboring countries. This vision is aimed at …

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AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

InfraCredit aims to support up to $1.25 billion in infrastructure after approval from AFDB.

Africa development bank (AFDB) has approve US$15 million for investment package to infrastructure Credit Guarantee Company (InfraCredit). The fund will be use to help support infrastructure financing through the domestic debt capital markets in Nigeria.

InfraCredit …

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