European Union Invests €91 Million in Cameroon Infrastructure

Cameroon is set to benefit from a €91 million loan from the European Union aimed at enhancing its infrastructure and attracting foreign investment over the next three years. This funding will support key projects, including a railway network to Chad and a bridge over the Ntem River to Equatorial Guinea, while also addressing the country's ongoing corruption issues, which have led to significant financial losses. Meanwhile, the Batchenga-Léna-Tibati road project, valued at over CFA359 billion, is improving socio-economic infrastructure along the route, with investments in health centers, schools, and women's empowerment initiatives. Additionally, the 'Start-Up 237' program has invested CFA400 million in 55 projects to promote youth and women's entrepreneurship in Cameroon, with plans for further support and mentorship until 2025. These initiatives collectively aim to bolster Cameroon’s economic and social development amidst its ongoing security challenges, including a separatist conflict in the western region. The EU's investment and the domestic projects underscore a commitment to rebuilding and modernizing Cameroon’s infrastructure.