President of African Development Bank pays working visit to Cameroon

The President of The African Development Bank Group (AfDB), Dr. Akinwumi Adesina, today begins a four-day official visit to Cameroon.  ...

The President of The African Development Bank Group (AfDB), Dr. Akinwumi Adesina, today begins a four-day official visit to Cameroon. 

During the four-day visit slated for 15- 18 July 2017, Adesina is expected to hold talks with the president of the Republic Paul Biya, Prime Minister Philémon Yunji Yang, other key government officials and development partners.

The visit aims at strengthening existing camaraderie between Cameroon and Africa’s premier development finance institution, the African Development Bank.

Cooperation between the Bank and the Republic of Cameroon which began in 1972 with the construction of the Douala international airport terminal financed by the Bank has spanned 45 years. 

Over the years of their cooperation, the Bank has provided loans and grants to Cameroon amounting to some US$ 2.5 billion, nearly XAF 1436 billion, to finance about 100 development projects in the areas of national and sub-regional infrastructure, agriculture, energy, water and sanitation and governance.

The ongoing operations and programs falls in line with the Bank’s  ten-year strategy (2013-2022) and its High5 priorities: Light up and power Africa, Feed Africa, Industrialise Africa, Integrate Africa, and improve the quality of life for the people of Africa.

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President of African Development Bank pays working visit to Cameroon
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