Cameroon: XAF178 bln invested by the AFD in 2018

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Cameroon: XAF178 bln invested by the AFD in 2018

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- Thursday, 26 September 2019 14:07

(Business in Cameroon) - In 2018, the French Development Agency (AFD) invested XAF178.8 billion in investment projects in Cameroon. This was revealed in a 2018 activity report published by the development agency.

These fundings were provided via C2D Debt Reduction and Development Contracts as well as sovereign and non-sovereign loans.

One of the most important projects funded by the agency in Cameroon is obviously the Nachtigal dam, which will increase the country’s energy production by 30%.

BRM

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