logoBC
Yaoundé - 11 December 2018 -
Cooperation

Canada provides CFA14 billion to help countries of the Lake Chad basin

Canada provides CFA14 billion to help countries of the Lake Chad basin
  • Comments   -   Thursday, 12 April 2018 12:46

(Business in Cameroon) - On April 10, 2018, in Yaoundé, Matt DeCourcey, parliament secretary to the ministry of foreign affairs, announced that the Canadian government would provide $27 million (about CFA14 billion) to countries of the Lake Chad basin as humanitarian aid.

With this fund, Canada wants to provide assistance to the about twenty million residents who are exposed to drought and to conflicts in Chad, Cameroon, Niger and Nigeria.

Let’s note that according to the UNHCR, 665,947 refugees from Central Africa and Nigeria fled the political instability in the Central African Republic and the menace of Boko Haram, respectively, to enter Cameroon.

BRM

Mags frontpage


Business in Cameroon n69: November 2018

Cameroon’s finance sector goes through rapid digitalization

Cashew, a sector with great potential, both for revenues and job creation



Investir au Cameroun n79: Novembre 2018

Le secteur financier camerounais se digitalise à grande vitesse

L’anacarde, un vaste potentiel de revenus et d’emplois