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Find all the economic and financial information on our Orishas Direct application to download on Play StoreWhile in Cameroon, Ousmane Diagana, Vice-President of the World Bank for West and Central Africa announced the signing of four financing agreements for a total amount of 426.3 billion FCFA, approximately 766 million of dollars. Through this support, the World Bank Group is increasing its interventions in Cameroon.
Through the launch of new development programs in the energy, education and service sectors, the World Bank is reaffirming its commitment to Cameroon. This financing will be added to the 927 billion FCFA (1.664 billion dollars) which constituted the total portfolio of its interventions and will bring to 19 the number of active projects in the country. According to Brettons Woods, this visit by the Head of West and Central Africa "follows the extraordinary summit of Heads of State of the Economic and Monetary Community of Central Africa and aims to reaffirm the commitment of the World Bank in the area to support governments in implementing the reforms and investments needed for a green, resilient and inclusive recovery”. A strategy based on four main pillars aimed at establishing a new social contract between citizens and the State, emphasizing the increase in the quality of employment, the strengthening of human capital and the improvement of climate resilience.
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