(Business in Cameroon) - Célestine Ketcha Courtès, Cameroonian minister of habitat and urban development (Minhdu), recently met with Cameroon's technical partners involved in financing Phase 4 of the Participatory Slum Upgrading Program (PPAB), in Yaoundé.
The official said the country is ready for PPAB-Phase 4 which could target 7 to 10 cities. Monies needed range between €30-50 million (XAF32.7 billion) and the minister already made a plea to the European Union, head of the PPAB unit at UN Habitat, African Development Bank (ADB), Crédit foncier du Cameroun and the Funds of Equipment and Inter municipal Intervention (Feicom).
“The national strategy for the improvement of poor neighborhoods needs an amount of XAF2,450 billion for intervention over 1,700 ha,” he said.
Since 2010, the government has itself injected more than €2.35 million (about XAF1.5 billion) in sanitizing such areas.