BIYA AUTHORISES OVER FCFA 367 BILLION FOR TWO MAJOR ROAD PROJECTS
President Paul Biya has authorised financing agreements worth more than FCFA 367 billion for two major road infrastructure projects in Cameroon.
One agreement provides €212.35 million, about FCFA 139.2 billion, from the Islamic Development Bank for the rehabilitation of the Douala-Bafoussam road.
A second agreement involves a €347.5 million, about FCFA 228 billion, World Bank loan for the Douala-Bangui Economic Corridor Project.
The corridor links Douala through Yaoundé, Bertoua and Garoua-Boulaï towards the Central African Republic and is intended to improve transport, trade and regional connectivity.
The World Bank says the wider corridor programme targets road rehabilitation, road safety, maintenance and trade facilitation along one of Central Africa’s key transport routes.
The presidential decrees authorising the agreements were signed on October 2, 2026.Two major corridors. More than FCFA 367 billion in new financing.
