Business › Finances

Cameroon : AFDB Grants 15.8 Billion FCFA to Combat Floods in Yaounde

post central Yaounde
Post Central Yaounde

The Minister of Economy, Alamine Ousmane Mey, and the African Development Bank  Group’s Director General for the Central African region, Serge Nguessan, signed two financing agreements on September 20th 2022.

One of the agreements, worth 15.8 billion F, will enable the implementation of the Yaounde City Rainwater Sanitation Project , which is designed to combat flooding in the city centre of the Cameroonian capital. Specifically, in addition to allowing the management of solid waste, which often clogs the drains, the AfDB funding will allow the construction of a flood control basin. This is a basin that will reduce the water level in the Mfoundi river bed during flood periods (increase in flow and water height).

The Pcady is the third flood control project in the city of Yaounde that the government and the AfDB are implementing. Indeed, the pan-African financial institution has already financed phases 1 and 2 of the Yaounde City Sanitation Project (Pady 1 and 2), which have not yet succeeded in putting an end to flooding in the city centre of the Cameroonian capital.

Published on 05.05.2023

Cathedral of St Peter and Paul Bonadibong

One of the most visited sites in Douala. The Cathedral of St Peter and St Paul was built in 1936 by French Spiritans fathers and it…


Subscribe to Journal du Cameroun newsletter and receive all news stories free of charge

Back top