Cameroon to secure a XAF16bln World bank loan for Sanaga dam

Business in Cameroon | The Cameroonian President authorized last February 22 the economy minister, Alamine Ousmane Mey, to sign a loan agreement with World Bank’s subsidiary, the International Development Association (IDA), for an amount of €24.5 million, or XAF16.3 billion. According to the related presidential decree, the money will be used to finance the Technical Assistance … The