16. 9 Million For 37 Adamawa Youth

Entrepreneurship

Comments

- Wednesday, 09 October 2013 12:59

(Business in Cameroon) - Some 37 youth in the Adamawa region have been given 16, 900, 000 CFA francs to boost their entrepreneurship. Their projects have been selected from among 1,235 others to benefit from Urban and Rural Youth Project, Pajer-U, financing for 2013. The youth came from Vina, Djérem, Mayo Banyo, Faro and Déo and from Mbéré Divisions.

The interest-free loans ranged from 250,000 to 1,000,000 CFA francs and will go into agriculture, hairdressing, cattle rearing and others.

The national coordinator of Pajer-U, Pierre Matongo, is quoted as saying that all is being done to right the wrongs of the first phase wherein reimbursing posed a serious problem.

Also Read

23-09-2013 - 23 billion Youth Entrepreneurship Project Underway

Follow @investcameroun

Nigerian travel platform Wakanow.com expands operations to Cameroon

Nigerian travel service Wakanow.com announced on Wednesday its launch in Cameroon. "Our entry into Cameroon is more than just business expansion; it...

AfDB funds internships for Cameroonian youth in local projects

Over the past few years, the African Development Bank (AfDB) has facilitated 12-month internships for 284 young Cameroonians on various projects in...

Cameroon initiates public-private waste management company to tackle pollution

Cameroon's Minister of the Environment, Hélé Pierre, chaired a meeting on April 15 on the establishment of a mixed-capital enterprise dedicated to waste...

Cameroon needs $371mln to provide humanitarian aid to 2.3mln people in 2024

The Cameroonian government is in need of $371.4 million to provide emergency humanitarian assistance to 2.3 million vulnerable people in 2024. This...