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Construction of the Ebolowa-Akom II-Ebolowa road: Cameroon signs a loan agreement of 130.4 billion FCFA

14/08/2023
Source : ORISHAS FINANCE
Categories: Companies

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En début de mois, le ministre camerounais de l' Economie, de la Spatial Planning and Development has received by presidential decree the authorization of a loan agreement guaranteed by& nbsp; UK Export Finance

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L'accord de prêt qui sera signed with Standard Chartered Bank London, is in the amount of 198 820 547 , soit environ 130 €417 729 548 FCFA, guaranteed by UK Export Finance , to finance the Ebolowa-Akom II-Ebolowa road construction project. It will connect Ebolowa to Sangmelima to facilitate the transit of forest resources from Congo to the port of Kribi. In reality, the construction of the Ebolowa-Akom II-Kribi road is a promise made by the Head of State to the populations of the southern region of the country on the occasion of the Ebolowa Agropastoral Comice in 2011

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