The African Development Bank (AfDB) funding is intended for rainwater management and sanitation in Yaoundé, the country’s capital.
The AfDB is intended to improve the living conditions of the population. The AfDB informed in a statement on Thursday that its Board of Directors approved on Tuesday in Abidjan, a loan to Cameroon.
“The project, with a total cost of 42.84 million dollars, will be financed, on the one hand, for 38.55 million dollars by the African Development Fund, the concessional financing window of the AfDB Group, and, on the other hand, by a contribution of 4.28 million dollars from the Cameroonian government,” the document added.
In addition, the Global Environment Facility will provide an additional contribution of eight million dollars. The programme will include the construction of a flood control basin and a canal on the Djoungolo River, as well as the construction of the scupper located in front of the municipal road (Avenue Charles Atangana) connecting the Mingoa River canal to the Mfoundi River, the African Development Bank explained.
It also aims to reinforce and widen the roads along the banks of the canal built on the Abiergue River, to rehabilitate the Rue du Mfoundi, which was damaged during the construction of the canal and gives access to the eponymous market.
According to the financial institution, the Yaoundé Sustainable Sanitation Complementary Project will provide city dwellers with a number of facilities: “sports areas (football, basketball and volleyball), a wooded pedestrian area, a women’s house and another for young people, kiosks, street furniture, a car park, a police station, toilets, the deployment of refuse bins, public lighting, as well as a fenced-in and secure area for the development of women, young people and the entire population, particularly those in densely populated neighbourhoods.”
ID/lb/abj/APA