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Cameroon Evaluates IFAD’s Sponsored Projects

Cameroon Evaluates IFAD’s Sponsored Projects
  • Comments   -   Tuesday, 17 September 2013 17:34

– (Business in Cameroon) - Agricultural projects jointly sponsored by the International Fund for Agricultural Development (IFAD) and the government of Cameroon have come under scrutiny in Yaounde.  

A sub-regional workshop grouping financial and administrative staff of the project began holding in Yaounde on Tuesday September 17, 2013 under the chairmanship of Agriculture and Rural Development Minister, Essimi Menye. Cameroon Tribune reports say the workshop sought to seek ways of righting wrongs that might jeopardise the proper execution of the projects.

It emerged from the Yaounde workshop that since 1981, IFAD has financed nine development projects and programmes in Cameroon to the tune of 301.1 million dollars (about 200 billion CFA francs). Ongoing projects include the root and tubers programme which is drawing to an end, support project for rural microfinance which began in 2010 and runs for five years as well as support programme for agricultural sectors which took off in 2012, among others.

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