Yaoundé - 24 October 2021 -

Cameroon to boost water access in the West with a US-backed project

Cameroon to boost water access in the West with a US-backed project
  • Comments   -   Wednesday, 22 September 2021 16:37

(Business in Cameroon) - On September 21, 2021, Minister of Economy Alamine Ousmane Mey signed a XAF3 billion loan agreement with Humaya Harati, Director-general of Export Finance-Deutsche Bank, for the feasibility studies of a water supply project to be carried out in Buea, Tiko, and Mutengene, Western Cameroon.  

According to state media Cameroon Tribune, for the project, water utility CAMWATER has already obtained funding agreements from US investors.  

"It is important for the US to support its firms that plan to invest in Cameroon to promote development and help provide basic needs to the population," Humaya Harati praises.  

The project consists of the extension of the water transport and distribution system, as well as increasing the storage capacity to boost drinking water access rates, which is currently 45% in rural areas and 77% in urban zones, according to the National Institute of Statistics.


On October 20, 2021, Minister of Livestock, Dr. Taiga officially inaugurated the integrated pork production and marketing center built by Westend Farms,...
After a challenging environment in 2020, due to the coronavirus pandemic, the recovery observed in Cameroon's economic landscape since the beginning of...
In January 2022, the export prices of local banana producer Plantations du Haut Penja (PHP) will increase. This price increase is the result of a decision...
 In January 2022, Cameroon will begin to experiment with a new accounting reform called accruals-based accounting and budgeting in the framework of...

Mags frontpage

Business in Cameroon n104: October 2021

Dossier Where does Cameroon stand in international trade?

Henri-Claude Oyima : “BGFIBank Cameroon is truly one of our success stories.”

Investir au Cameroun n114: Octobre 2021

Dossier La place du Cameroun dans le commerce international

Henri-Claude Oyima : «BGFIBank Cameroun est vraiment l’une de nos success-stories.»