Financing a new terminal at the port of Douala: Afreximbank and APD-Cameroon sign a memorandum of understanding : Orishas-finance

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Financing a new terminal at the port of Douala: Afreximbank and APD-Cameroon sign a memorandum of understanding

24/06/2024

Source : ORISHAS-FINANCE

Categories: Companies

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Financing a new terminal at the port of Douala: Afreximbank and APD-Cameroon sign a memorandum of understanding

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Dans le but de financer la construction et l' exploitation du nouveau terminal portuaire à Douala, the African Export-Import Bank (Afreximbank) has signed a memorandum of understanding with APD-Cameroon.

The new terminal, whose cost is estimated at 210 million Euros, will be an extension of the existing port of Douala and will include two berths that will bear the numbers 53 and 54. According to the memorandum of understanding, the proposed facility will be awarded in two instalments in Euro and Central African Francs (XAF) of a maximum amount of 147 million euros, with a proposed participation from Afreximbank of 80

million Euros.

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