logoBC
Yaoundé - 18 January 2020 -
Economy

Crédit du Sahel-backed UNHCR programme plans to empower 2,500 refugees in Cameroon

Crédit du Sahel-backed UNHCR programme plans to empower 2,500 refugees in Cameroon
  • Comments   -   Monday, 11 November 2019 13:46

(Business in Cameroon) - In Cameroon, the UNHCR has launched a refugee empowerment programme aimed at funding income-generating activities initiated by refugees living in Cameroon. This programme plans to empower close to 2,500 refugees so that they can cater to their needs and families’.

It is backed by Crédit du Sahel, a microfinance institution well-established in Northern Cameroon.

To date, according to sources close to the programme, 15 community initiative groups (CIGs) have already received funding under this project in Yaoundé and Douala.

Let’s note that Cameroon hosts about 340,000 refugees on its territory. This contingent is mainly composed of Central Africans who have fled political instability in their country, and Nigerians who have left their villages due to abuses of Islamist sect Boko Haram.

BRM

cameroon-kuwait-fund-s-active-portfolio-estimated-at-about-xaf20-billion
Currently (January 2020), the active portfolio of the Kuwait Fund in Cameroon includes three projects for an amount of US$35.5 million, or about XAF20...
cameroon-minimum-cocoa-farm-gate-price-drops-to-xaf1-080-per-kilogram
Since December 31, 2019, the farm-gate price per kilogram of cocoa beans in Cameroon's production basins has declined slightly from a high of XAF1,250 to...
cameroon-imposes-20-precautionary-freeze-on-some-administrations-budgets-to-ensure-proper-budget-implementation
Reading through the circular that sets the framework for the implementation of the 2020 Finance bill, it appears that Cameroonian administrations must...
cameroon-50-tons-of-fish-supplied-to-the-population-during-the-2019-holidays-thanks-to-the-agropoles-project
During the 2019 holiday season, the ponds created in Cameroon with the support of the Agropoles project helped provide 50 tons of fish to the...

Mags frontpage


Business in Cameroon n82-83: December 2019-January 2020

CFA: The debate is open in the CEMAC


Cameroon becomes CEMAC’s financial center


Investir au Cameroun n92-93: Decembre 2019-Janvier 2020

Franc CFA : le débat est ouvert en zone CEMAC


Le Cameroun devient la place financière de la CEMAC