All for Joomla All for Webmasters

 

Cameroon loans FCFA 88 billion from France

La Republique du Cameroun has signed two loan agreements worth FCFA 88 billion with the French Development Agency.
The money is meant to support agricultural development in the country, they say.
The deal was reached on Friday in Yaoundé.


One of the major targets of the money will be promoting vocational training, officials say.
The Biya regime has stepped up borrowing in recent months, as it complains of financial difficulties.
It has borrowed from the Islamic Development Bank, the IMF, and Spain in  under six months.
Apparently Biya and his government have  a couple issues to handle. The fight against Boko Haram, the battle to stifle the Anglophone Struggle financially and physically, and mismanagement of state money are some of the problems plaguing our little country.

Concord Essen

Website: www.cameroon-concord.com Email This email address is being protected from spambots. You need JavaScript enabled to view it.
Share your views on this article

Headlines On Cameroonian English Tabloids

Modern Villa For Sale in Yaounde Cameroon

Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .

Newsletter

 

Get the latest news and information delivered directly to your inbox by subscribing to our news alerts.

ADVERTISE

Top
X

Right Click

No right click

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…