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African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Cameroon: The Bank trains its Regional Member Countries on applying the Fragility Lens

The training was led by Bank staff from several departments with support from the Bank’s Central Africa Regional Development and Business Delivery Office

The African Development Bank’s (http://www.AfDB.org) Transition States Coordination Office organized a training workshop in Yaoundé to strengthen the capacity of Regional Member Countries and Regional Economic Communities on the Strategic and Operational Application of the Fragility Lens.   The training was led by Bank staff from several departments with support…

African Development Bank Group (AfDB)

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    • A discussion session between the African Development Bank delegation and Cameroonian women entrepreneurs
    • An African Development Bank delegation holding talks with heads of Cameroonian women's associations on the premises of financial institution, PRO-PME Financement S.A.
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Source: African Development Bank Group (AfDB) |

Cameroon: The African Development Bank Engages in Dialogue with Cameroonian Financial Institutions to Bolster Women Entrepreneurs’ access to finance

Professional associations and the financial institutions that partner with them under the Bank's Affirmative Finance Action for Women in Africa" initiative also took part

The African Development Bank's (www.AfDB.org) Director General for Central Africa, Serge N'Guessan, led a delegation for a series of talks with stakeholders in the Cameroonian private sector, including women entrepreneurs, between 24 and 30 September 2022 in Douala. Professional associations and the financial institutions that partner with them under the…

African Development Bank Group (AfDB)

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    • African Development Bank Director General for Central Africa, Serge N'Guessan (left), and Cameroon's Minister of the Economy, Planning and Regional Development, Alamine Ousman Mey, shake hands at the loan signing ceremony
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Source: African Development Bank Group (AfDB) |

Cameroon: New African Development Bank Funds to Develop the Port Sector and Sustainable Urban Sanitation

The African Development Bank's Director General for Central Africa, Serge N'Guessan, and Alamine Ousman Mey, Cameroon's Minister of the Economy, Planning and Regional Development signed the loan agreements for both projects

The African Development Bank Group (www.AfDB.org) has provided new funding for two ongoing major projects in Cameroon: the Develop Access Roads to the Industrial and Port Area of Kribi Project (PARZIK) (https://bit.ly/3E0Ijex) and the Yaoundé City Sustainable Enhanced Drainage and Sanitation Project (PCADY) (https://bit.ly/3E0Is1z). The African Development Bank's Director General…

African Development Bank Group (AfDB)

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    • Cameroonian Minister Gabriel MBairobe (right) and General Manager Léandre Djummo, (left) at the signing of the partnership agreement to set up the Agricultural Sector Development Fund
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Source: African Development Bank Group (AfDB) |

Cameroon: The African Development Bank and the government support a financing agreement to develop agricultural value chains

The Agricultural Value Chain Development Project will endow the Fund with €13.12 million, in addition to a partial credit guarantee of €4.58 million euros for risk sharing with commercial banks

Cameroon’s Minister of Agriculture and Rural Development Gabriel Mbairobe and the General Manager of the Commercial Bank of Cameroon, Léandre Djummo, have signed, on September 8, 2022, in Yaoundé, an agreement for the establishment of an Agricultural Sector Development Fund. The African Development Bank’s (www.AfDB.org) Director General for Central Africa, Serge N'Guessan,…

African Development Bank Group (AfDB)

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    • African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery (1)
    • African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery (2) (FR)
    • African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery (3)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery

Akin-Olugbade, a Cameroonian national, is currently the Director General of the Business Development and Delivery Office for the West Africa Region of the Bank Group

The African Development Bank (www.AfDB.org) has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President of its Regional Development, Integration and Business Delivery Complex, with effect from 1st August 2022. Akin-Olugbade, a Cameroonian national, is currently the Director General of the Business Development and Delivery Office for the West Africa…

African Development Bank Group (AfDB)

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    • The Minister Delegate at the Presidency in charge of Supreme State Audit, Mrs. Mbah Acha Rose Fomundam (5th from left to right), presided over the launch of the Regional Program for Strengthening the Mandates of Supreme Audit Institutions. Present were government officials from the beneficiary countries, Bank staff, and other partners.
    • Ahmadou Moustapha Diallo, the African Development Bank's Chief Regional Procurement Coordinator, training staff of the audit institutions of the beneficiary countries and the Regional Training Council for Supreme Audit Institutions in Sub-Saharan Africa.
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank and Government Launch Programme to Strengthen Supreme Audit Institutions

The initiative, which has received $2.53 million in funding from the African Development Bank, works to strengthen the transparency and accountability of public financial management

The African Development Bank (www.AfDB.org) and the Government of Cameroon have launched the Regional Programme to Strengthen the Mandates of Supreme Audit Institutions. The launch took place during a ceremony held on 21 June 2022 in Yaoundé, Cameroon.  The Cameroonian Minister Delegate at the Presidency in charge of Superior Audit,…

African Development Bank Group (AfDB)

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    • The new roads will speed up freight movements and improve traffic safety to and from the port of Kribi, which came into operation on 2 March 2018
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank Board Approves €39.6 Million Loan to Improve Access to Kribi Industrial and Port Area

The Cameroonian Government built a deep-water port backing onto an industrial zone called ‘Kribi Industrial and Port Complex’ to address congestion in the port of Douala

On Wednesday, 22 June, the Board of Directors of the African Development Bank (www.AfDB.org) approved a €39.62 million loan to Cameroon to improve road access to the industrial and port areas of Kribi, in the south of the country. Designed for implementation of the second phase of the Kribi Industrial and…

African Development Bank Group (AfDB)

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    • Digital financial solutions are key to reducing the gender access-to-finance gap in Africa
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Source: African Development Bank Group (AfDB) |

We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses

The funds will enable the Africa Digital Financial Inclusion Facility to design and implement programs to improve digital access to finance for women entrepreneurs

The Women Entrepreneurs Finance Initiative (We-Fi)  has announced a new round of funding under which the African Development Bank’s (www.AfDB.org) Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique and Nigeria. This…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA), African Guarantee Fund, partner to unlock $1.3 - $2 billion in loans to women entrepreneurs

Financial institutions in Cameroon, Democratic Republic of Congo, Kenya, Rwanda, Tanzania and Uganda are signing on to the program

The African Development Bank’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition

The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals online to a panel of experts and investors who will select the winners

Twenty-five young African agripreneurs have advanced to the “boot camp” final round of the African Development Bank’s (www.AfDB.org) AgriPitch competition, stepping closer to a share of $120,000 in seed funding prizes, training and other benefits. The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their…