2 November 2017
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African Development Bank (Abidjan)

Cameroon Makes Significant Strides in Social Services and Infrastructure, New AfDB Report Shows

As the most robust economy in Central Africa, Cameroon, has in the past decade taken steps to further boost growth, making major advances in providing health, education, and clean water, and launching an ambitious infrastructure investment programme to become a middle-income country by 2035, according to the AfDB's Cameroon Country Brief released on 2 November 2017.

The report highlights the country's efforts towards achieving this objective, with the Bank's support, by aligning its development actions to AfDB High 5 strategic pillars.

"Progress has been impressive, but a big leap in business competitiveness is required, to create a more diverse, inclusive, regional economy," said Simon Mizrahi, Director of the Delivery, Performance Management and results.

Here are a few highlights and insights from the report:

To better serve Cameroon, AfDB has recently expanded its Yaounde office, striking new partnerships to leverage more financing, and raising its investment to $2.8 billion.

Looking forward, Cameroon has several ambitious endeavours in its bid to narrow the investment gap in trade, energy, and transport, and to further expand its position as the largest regional trading partner in Central Africa, though projects, such as the AfDB-funded study on the Cameroon-Chad electricity Interconnection Line, one of the largest projects in the Economic community of Central African States (ECCAS).

The Country Brief is available here.

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