IsDB Grants Funding for 145 km Road Enhancement in Cameroon, Strengthening Regional Links

IsDB Grants Funding for 145 km Road Enhancement in Cameroon, Strengthening Regional Links

The Islamic Development Bank’s Commitment to Cameroon’s Infrastructure: A 145 km Road Project

Cameroon is set to witness a significant boost in regional connectivity and economic development, thanks to the Islamic Development Bank (IsDB). The IsDB has taken a pivotal step by planning to finance the construction of a 145-kilometer road within the Batchenga-Ngaoundéré corridor. This project is not just a roadway; it’s a beacon of progress, promising to link the Center and Adamaoua regions while completing National Highway 15.

The road project, divided into two main segments—Ngatt-Febadi-Mambal-Tekel (68.4 km) and Tekel-Lewa-Louga-Likok (76.2 km), is part of the larger Transport Sector Support Program I. The IsDB’s commitment is substantial, with plans to finance 80.90% of the project, which amounts to around 108.314 billion FCFA. The Cameroonian government is set to contribute 12.171 billion FCFA, which is 10.10% of the total cost.

The delegation led by Alagi Basiru Gaye is not only finalizing the funding preparations for this project but also exploring financing opportunities for new projects from 2025 to 2027. These include the reconstruction of Douala-Bafoussam and Douala-Yaoundé roads and the construction of the Bafang-Nkondjock road. The mission’s presence in Cameroon until July 13 is a testament to the IsDB’s dedication to the country’s infrastructural development.

The IsDB’s involvement in Cameroon’s road project is a clear indication of its strategy to enhance member countries’ infrastructure, thereby improving their economic prospects. The bank’s financing operations have seen a significant increase, with approvals for new development projects across various sectors, including road construction, clean and renewable energy, and education.

This road project is expected to have a ripple effect on the economy, not only by improving transportation and logistics but also by creating jobs and facilitating trade. It is a crucial step towards achieving sustainable economic growth and poverty reduction in the region.

The IsDB’s initiative in Cameroon is a shining example of how strategic infrastructure development can pave the way for a brighter future. It is a move that resonates with the bank’s vision of fostering economic progress and social upliftment in its member countries.

IsDB to Fund Key 145 km Road Project in Cameroon, Boosting Regional Connectivity
IsDB to Fund Key 145 km Road Project in Cameroon, Boosting Regional Connectivity

(Business in Cameroon) – A delegation of the Islamic Development Bank (IsDB) is currently in Cameroon to advance plans for financing the construction of a 145-kilometer section of the Ngatt-Febadi-Likok road within the Batchenga-Ngaoundéré corridor. The Ministry of Public Works announced on July 8.

Led by Alagi Basiru Gaye, the IsDB mission aims to finalize funding preparations for presentation to the IsDB Board of Directors in September. This initiative is crucial to enhancing regional connectivity and economic development, linking the Center and Adamaoua regions and completing National Highway 15.

Divided into two main segments—Ngatt-Febadi-Mambal-Tekel (68.4 km) and Tekel-Lewa-Louga-Likok (76.2 km)—the Ngatt-Febadi-Likok road project is integral to Transport Sector Support Program I. The IsDB plans to finance 80.90% of the project, around 108.314 billion FCFA, with the Cameroonian government contributing 12.171 billion FCFA (10.10%).

Accompanying the IsDB delegation are experts in environmental and social guarantees, youth empowerment, project financial management, and local IDB representatives in Cameroon. The mission, building on the IsDB’s previous co-financing of the Lena-Sengbe-Tibati section, includes rigorous planning and efficient project implementation through government consultations and site visits.

In addition to finalizing funding for the Ngatt-Febadi-Likok road, the IsDB mission, ongoing until July 13, is also exploring financing opportunities for new projects from 2025 to 2027, including the reconstruction of Douala-Bafoussam and Douala-Yaoundé roads and the construction of the Bafang-Nkondjock road.