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EU estimates partnership worth XAF1.5 bn with Cameroon

Devdiscourse | EU has also launched a four-year project that supports, among other things, the modernization of civil status in Cameroon for XAF 6.5 billion.

Evaluation of Cameroon and European Union (EU) indicates that the active portfolio of the EU-Cameroon partnership is estimated at XAF1.5 billion. This portfolio corresponds to 151 projects in progress.

Referring to some figures and facts, EU delegate Hans-Peter Schadek underlines that, the EU has supported the realization of the study on the impact of the policy of weighing road. According to this study published in early 2018, the international institution could allow Cameroon to save more than XAF 300 billion in 15 years, in terms of road maintenance.

The European side also welcomes the fact that it has launched a four-year project that supports, among other things, the modernization of civil status in Cameroon for XAF 6.5 billion.

Currently, the EU supports the decentralization process, through institutions such as the National Program for Participatory Development (Pndp) and Feicom (the Bank of Communes), with an envelope of EUR 50 million (nearly XAF 33 billion).

The EU also claims support for the regional integration process, notably with the co-financing (with the ADB) of a project to build bridges on the borders with Nigeria (Cross River) and Chad (Logone). EUR 65 million (nearly XAF 43 billion) in the form of grants, making possible a loan of nearly EUR 500 million (about XAF 328 billion) of the ADB.

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6 comments

  1. The sources of finance mentioned above, help in doing the following:
    a. sponsor the cpdm
    b. enrich biya and his cronnies
    c. pay foreign countries to help kill Ambazonians eg Chad, Nigeria
    d. buy dangerous war planes from Donald Trump to effectively perpetuate genocide
    in Southern Cameroon based on the anti – terrorism law
    e. carry out unnecessary projects to fool the donors

    • 1.5 billion CFA in exchange for looting 100 times the mentioned value. It is a bit of stale meat for western countries to keep thinking that we will continue to buy the idea that their obviously insidious loans and generosity, a propaganda machine by which they pillage our resources, is all based on benevolence.

      What is 1.5 billion CFA, compared to the raw materials that are siphoned out every year into the EU at giveaway prices and returned as finished goods at cut throat prices?

  2. Law and order will be restored ; God will punished all ambazonias members and traitors

  3. Just be quiet terrorist what about you ; what do you have to offer on this platform. As long you are a clan member I will not tolerate your propaganda on here raccoon.

    • Dullness with a humanoid head writing garbage all the time. Dull dullard. Always the loudest in the forum because of your air empty head.