(Business in Cameroon) - Thanks to financing provided by the German organisation KfW and the Special Support Fund for Municipal Assistance (Feicom), the Cameroon Municipal Bank has announced that 8 billion FCFA will be made available to twelve of the sixteen municipalities that have applied to participate in the “Feicom medium-sized town decentralisation programme”.
The financing granted to municipalities in the Centre, West, South-West and Extreme-North regions will be used to build basic infrastructure such as markets, bus terminals, truck stops as well as provisions for water and electricity in rural areas.