A delegation from the African Development Bank (AfDB) just evaluated the global portfolio of projects financed by this international financial institution in Cameroon. At the end of this assessment, we officially learned, 59% of these projects have been carried out in a satisfactory manner.
As a reminder, AfDB’s portfolio of investments in Cameroon is currently estimated at approximately FCfa 440 billion. This is the entire financing made available by this continental bank, to carry out projects, including 10 at the national level, four at the regional level and five in partnership with the private sector.
These projects are undertaken in the sectors of energy (construction of the Lom Pangar dam for example), road infrastructure (asphalting the Enugu-Bamenda road meant to connect Cameroon to Nigeria, the bridge over the Ntem, etc.), connection to drinking water, land development (Yaoundé land development programme), agriculture (production of seedling and improved seeds at IRAD) or telecoms…
Concerning the lengthy delays observed in the disbursements made by the State of Cameroon, the two parties set up, at the end of 2013, “a plan to improve the performance of AfDB’s portfolio in Cameroon”.
Source :Business in Cameroon
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