Cameroon: African Development Bank provides €63 million loan to improve Entrepreneurship and Industrial Skills.

July 17, 2023 AELEX Admin 0 Comments

The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon to promote entrepreneurship and improve skills to match industry needs. Multinational partners, the private sector and the Cameroonian government will contribute approximately €2 million to the project cost, estimated at €64.93 million. Covering five of Cameroon’s regions — Centre, Littoral, South, Southwest, and Far North — the project will improve skills and encourage entrepreneurship and youth and female employment in construction, transport, energy, agro-industry, ICT, and the green economy. Specifically, the project will directly strengthen 12 training centers and nine public and private entrepreneurship support facilities. Read More

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