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Central African integration: BDEAC reaffirms its commitment

22/06/2022
Categories: Companies

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The Development Bank of Central African States (BDEAC) wants to finance more integration projects in Central Africa. The sub-regional financial institution reaffirmed its commitment at the end of its General Assembly.

BDEAC is raising more than CFAF 115 billion to finance integration in Central Africa. It will finance more infrastructure projects to promote the integration of Central Africa. According to the new president of BDEAC, Dieudonné Evou Mekou, who officially took office on June 18, replacing Fortunato Ofa Mbo-Nchama, in addition to the planned reforms, his institution is committed to financing, in the next five years, a number of infrastructure projects.In addition to the planned reforms, his institution is committed to financing, over the next five years, the establishment of a cocoa and multicultural farm in the Sangha, in the far north of the Republic of Congo.

Among the projects awaiting BDEAC financing in the Republic of Congo are, among others, the rehabilitation and equipping of the Congo Ocean Railway linking the Atlantic Ocean to Brazzaville.an to Brazzaville; the installation of the pharmaceutical products factory in Ollombo, in the Plateaux department (center), and the construction of the tourist platform on the Congo River.

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