logoBC
Yaoundé - 27 September 2020 -
Infrastructures

Cameroon: EIB to finance the refurbishment of Bélabo-Pangar-Ngaoundéré railway

Cameroon: EIB to finance the refurbishment of Bélabo-Pangar-Ngaoundéré railway
  • Comments   -   Wednesday, 05 December 2018 13:32

(Business in Cameroon) - The European Investment Bank (EIB) announced it will finance the refurbishment of the railways linking the localities of Belabo, Pangar and Ngaoundéré, in the East and Adamaoua regions. EIB financed the construction of this line.

Currently, this railway is seriously degraded. We are working jointly with the government to totally renovate it,” said Andréa Pinna (photo), the head of regional representation of EIB for Central Africa, during a recent site visit to the Lom Pangar dam, East region.

Let’s mention that the bank financed the dam project with up to CFA20 billion and plans investment in the rural electricity industry.

BRM

cameroon-andritz-hydro-offers-to-supply-equipment-for-nachtigal-and-lom-pangar-projects
The German company Andritz Hydro is offering to supply equipment for the Nachtigal (420 MW) and Lom Pangar projects, Cameroon’s Ministry of Economy...
cameroon-exported-728-8-mln-m3-of-raw-timber-in-2019
Cameroon exported 728.8 million m3 of raw timber in 2019, according to data compiled at the ports of Douala and Kribi. These exports were realized despite...
cameroon-uba-cameroon-served-as-an-intermediary-bank-for-52-9-of-cocoa-sold-in-2019-2020-oncc
Eleven (11) commercial banks operating in Cameroon served as intermediaries between cocoa exporters in Cameroon and their foreign buyers during the...
cameroon-customs-seizes-145-boxes-of-wine-and-whisky-in-the-southern-region
Cameroonian customs stationed in the Southern region seized 145 boxes of contraband wine and whisky. Indeed, on the night of September 21 to 22, 2020,...

Mags frontpage


Business in Cameroon n91: September 2020

Covid-19 Insights from entrepreneurs


Land squabbles between citizens and the government


Investir au Cameroun n101 Septembre 2020

Covid-19 Des entrepreneurs s’expriment


Les populations défendent leur patrimoine foncier