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Cameroon: Austrian bank disburses 3 billion FCFA to rehabilitate professional training Centre

Cameroon: Austrian bank disburses 3 billion FCFA to rehabilitate professional training Centre
  • Comments   -   Thursday, 01 October 2015 03:25

(Business in Cameroon) - Cameroon’s Minister of Economy, Emmanuel Nganou Djoumessi, and director of Raiffeisien Bank International’s sub-Saharan African branch, Guillaume Habarugira Nganije, signed on September 28, 2015, a loan agreement worth about 3 billion CFA Francs.

This loan which is repayable over a 25-years period, will be used to rehabilitate workshops and classrooms of the Nkongsamba professional training Centre, located in Cameroon’s coastal region.

After rehabilitation of the Centre, young Cameroonian will be trained there in technical fields such as industrial welding, mechanical engineering, agricultural machinery or even wood processing.

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