As an integral part of Cameroon-France cooperation, the Debt Reduction and Development Contract aims to transform part of Cameroon's debt to France into financing for development projects. The program targets sectors such as health, urban development, justice, education, agriculture and security.
Cameroon has secured a €20 million ($21.5 million) financing agreement with France for Phase 2 of the "Regional Capitals 1" program. This initiative, part of the Debt Reduction-Development Contract (C2D), aims to improve living conditions in Bertoua, Bafoussam, and Garoua by enhancing urban planning and the attractiveness of these cities.
Phase 1 had previously mobilized €125 million ($133 million) for the same cities. According to a statement from the French Development Agency (AFD) reported by Business in Cameroon, Phase 2 will include market improvements, the construction of a bus station in Bertoua, additional roadworks in Bafoussam, and supplementary water access facilities in Garoua.
The C2D program began in 2006 and has undergone three phases in 2006, 2011, and 2016. Initially focused on improving basic services and access in Yaoundé and Douala, it later expanded to regional capitals including Maroua and Bamenda.
It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc...
Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by...
Burkina Faso ends Target Malaria, a GMO mosquito project funded by the Gates Foundation. The ...
Egypt and UNECA launched a five-day workshop in Cairo to strengthen maritime tax audits and IFRS-b...
Sadot and Vodacom’s MOTI launch Africa’s first telco-powered farm-to-fork app to cut crop losses a...
On August 31, 2025, the ruling coalition in Benin Republic—comprising the Union Progressiste pour le Renouveau (UPR) and the Bloc Républicain...
Suzuki seks to boost African sales by leveraging its India hub and a new pact with MOL and TradeWaltz on greener logistics. Suzuki sold 109,000...
Southern Africa's critical minerals are vital but underused due to systemic issues, per the WEF, DBSA, and McKinsey report. Policy uncertainty, poor...
Africa’s airlines are renewing fleets with modern jets, driving demand for advanced maintenance and repair services. The continent’s MRO market is...
• Grand Egyptian Museum to open November 1 near Giza Pyramids• TikTok named official digital partner for live-streamed ceremony• GEM to display 100,000+...
• Brazzaville hosts first Mwassi festival for African women filmmakers• Festival offers screenings, panels, and professional training workshops• Women...