08.05.2020
Artikel Nummer: 31918
Bridge to boost trade between Cameroon and Chad
The African Development Bank (AFDB) has approved grants worth EUR 40.94 million for the construction of a bridge across the Logone river.
The funds will co-finance the costs of construction of the bridge between Yagoua in Cameroon and Bongor in Chad, access roads and feasibility studies.
The project aims to promote interstate trade, particularly between Cameroon and Chad, reduce travel time and transportation costs and improve accessibility of basic services by nearby communities, according to AFDB. The approved grants comprise a EUR 20.785 million tranche for Cameroon and EUR 19.215 million for Chad. (ben)