logoBC
Yaoundé - 07 July 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-telecom-regulator-art-recorded-about-cfaf56-bln-of-bad-debts-in-2019
The financial statements of Cameroon’s Telecommunications Regulatory Board (ART) reveal a deficit of CFAF 2.2 billion at the end of the financial year...
listed-in-a-fraud-case-in-drc-afriland-group-lodged-a-complaint-against-its-accusers-in-paris
On July 1, 2020, Afriland First Bank Democratic Congo (CD), one of the eleven subsidiaries of the banking group founded by Cameroonian billionaire Paul K....
cameroon-plans-to-create-100-000-jobs-over-5-years-with-the-eii-approaches
To combat unemployment, the Cameroonian government intends to create 100,000 jobs over the 2020-2025 period. To achieve this, the government plans to...
cameroon-reduced-transit-time-from-40-to-5-days-by-digitizing-foreign-trade-procedures
In Cameroon, transit time was reduced from 40 to 5 days by the end of Q1-2020 thanks to digitalization and telecommuting, according to the single window...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »