logoBC
Yaoundé - 23 April 2024 -
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

cameroon-investment-forum-wraps-up-with-honors-for-investment-champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...
douala-municipality-takes-legal-action-against-banks-over-loan-guarantee-for-market-project
Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...
beac-to-introduce-new-coin-range-to-tackle-persistent-shortage
The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...
cameroon-e-guinea-maritime-line-sets-sail-prices-and-options-revealed
Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »