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The Bank spearheaded crucial projects such as the Ketta-Djoum Road, linking Cameroon to Congo, for which it invested $173 million. It has also contributed to connecting Cameroon to Nigeria by providing $120 million for the construction of the Bamenda-Enugu Road and the Cross River border bridge. The bridge formally opened to traffic in October 2022.
Establishing transport links between Cameroon and its neighbors, namely Congo, Chad, Nigeria and Gabon, through the construction of cross-border roads and bridges, facilitates regional integration. These projects have generated more than 2.5 million direct jobs, 40 percent of them held by women, enhanced the efficiency of the transport logistics chain along travel corridors, and improved communities’ access to basic services.
In Yaoundé, Akin-Olugbade led the inauguration of the Bank Group’s regional office for Central Africa, reaffirming the institution’s commitment to the region’s development course. She also met with Prime Minister Joseph Dion Ngute, Finance Minister Louis-Paul Motaze, and Emmanuel Nganou Djoumessi, Minister of Public Works.
The Bank is the only development institution that continues to operate intensively in Cameroon’s Far North, Northwest and Southwest regions, which have been plagued by security challenges. These regions and the East remain the Bank’s priorities in Cameroon for the next five years.Cameroon-Chad Power Interconnection Project, with funding totaling $240.86 million.Study and Preparation of a Drinking Water Supply and Sanitation Programme, funded with $5.72 million.
That region serves as a buffer zone between the Sahel and Central Africa and is a veritable sub-regional crossroads between three of the four countries in the Lake Chad Basin , plagued by crises that are distinct but closely related.
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