Yaoundé - 22 April 2021 -
Public management

Germany releases FCfa 89 billion in aid for Cameroon

Germany releases FCfa 89 billion in aid for Cameroon
  • Comments   -   Monday, 11 September 2017 06:31

(Business in Cameroon) - Hans-Dieter Stell, Ambassador of the Federal Republic of Germany in Cameroon, and Louis Paul Motaze, Cameroonian Minister of Economy, signed on 31 August 2017 in Yaoundé, the capital of the country, a technical and financial cooperation agreement for a total of FCfa 89 billion.

Part of this global funding, i.e. FCfa 66 billion, will be used, we officially learned, to finance projects related to the sustainable management of natural resources, governance and decentralisation, rural development, health and public civil engineering works.

The remainder of the funding, which is a donation from the Federal Republic of Germany to the State of Cameroon, representing FCfa 23 billion, will be used to fight infant mortality in the Eastern region as well as the three northern regions of Cameroon. This funding will also be used to support the mechanisms to manage the Central African and Nigerian refugees currently staying in Cameroon.



Minister of Decentralization and Local Development, Georges Elanga Obam (photo) recently expressed his concerns over the management of the...
Cameroon loses 40 to 50% of its cocoa seedlings in nursery plants every year because of climate change due to which dry seasons are increasingly longer....
On April 20, the Bank of Central African States (Beac) issued a pre-qualification notice for the selection of a technical and strategic partner to...
During the 2020-2021 cotton season, which will be concluded in the next few days, Cameroon Cotton Development Corporation (SODECOTON) is expected to...

Mags frontpage

Business in Cameroon n98: March 2021

State personnel Time for a slimming diet

More support to boost the Cameroonian industry’s competitiveness

Investir au Cameroun n108: Mars 2021

Personnel de l’Etat Un régime minceur s’impose

Un soutien à la compétitivité de l’industrie camerounaise