News
The Japan International Cooperation Agency (JICA) signed last week a loan agreement with the Cameroon Government in Yaounde to provide a Japanese ODA loan of up to 5.894 billion yen for the Yaounde - Brazzaville International Corridor Development Project (Mintom-Lele Section).
The project will develop approximately 67 kilometers of unpaved road between Mintom and Lele in the south part of Cameroon, which makes up a part of the key international corridor in Central Africa that connects Yaounde and Brazzaville, the capital cities of Cameroon and Republic of the Congo, as well as reaching Gabon and Equatorial Guinea.
The objective of the project is to ensure an efficient transportation route between Cameroon and Congo, with the aim of promoting poverty reduction and economic development in the target region as well as the integration of the sub-regional economy of Central Africa. The loan funds will be allocated to public works procurement related to paving the target road section. The project will be co-financed by the African Development Bank (AfDB).
