Reform of the Transport Sector in Cameroon - Signature of a Financing Agreement Between the African Development Bank and the Government

19 March 2025
Content from a Premium Partner
African Development Bank (Abidjan)
announcement

What? Signing ceremony for a financing agreement between the African Development Bank and Cameroon

Who? Regional Office for Central Africa of the African Development Bank Group, and Ministry of the Economy, Planning and Regional Development of Cameroon

When? Wednesday, 19 March 2025 at 11.00 Yaoundé time (GMT+1)

Where? Ministry of the Economy, Planning and Regional Development, Yaoundé

The Regional Office for Central Africa of the African Development Bank Group invites you to the signing ceremony for a financing agreement with the Ministry of the Economy, Planning and Regional Development (MINEPAT) of Cameroon for phase 4 of the Transport Sector Support Programme (PAST 4).

This strategic initiative, supported by the African Development Bank, aims to transform the transport sector in Cameroon by enhancing its contribution to the national economy through deregulation and improved competitiveness.

The signing marks a decisive step in modernizing Cameroon's transport infrastructure and advances the country's sustainable economic development goals.

The African Development Bank Group serves as the leading development partner for infrastructure in Central Africa and the premier development finance institution dedicated to supporting Cameroon, supporting major transformation projects focusing on the transport sector. Currently, 63% of the Bank Group's portfolio in Cameroon is dedicated to funding transport infrastructure.

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2025 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 110 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.