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KfW finances 2.7 billion FCFA in projects for 4 districts in Extreme-North Cameroon

KfW finances 2.7 billion FCFA in projects for 4 districts in Extreme-North Cameroon
  • Comments   -   Wednesday, 17 June 2015 21:55

(Business in Cameroon) - Located in the Extreme-North region of Cameroon, Mokolo, Yagoua, Kousseri and Mora will receive a total of 2.7 billion FCFA within the framework of the Feicom Medium-sized Town Decentralisation Programme (PDFVM in French), a German cooperative organisation.

Thanks to this financing, the Yagoua district will build shops in the central market for a total of 702 million FCFA, while 775.1 million FCFA will be used to build the Mokolo market. The 600 million FCFA provided to the Kousseri district will enable the building of a bus station and a heavy vehicle parking area for Mora, which will invest 614.5 million FCFA.

Launched in 2014 and slated to last 5 years, the Feicom programme aims to improve access to basic services for local populations in municipalities with at least 30,000 inhabitants.

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