Cameroon is set to receive a loan of €330.48 million to support the redevelopment and expansion of the Ngaoundéré-Garoua section of the Douala-Ndjamena economic corridor.
The African Development Bank Group (AfDB) approved the loan for the corridor which is a key trade route in Central Africa, and the project is part of Phase 4 of the Transport Sector Support Programme (PAST4), which aims to enhance regional trade and economic integration. The financing agreement was signed in Yaoundé by Solomane Koné, AfDB’s Acting Director General for Central Africa, and Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning, and Regional Development.
Douala-Ndjamena economic corridor
The project is expected to improve transportation efficiency, strengthen economic ties between Cameroon and Chad, and unlock the economic potential of communities along the corridor. The redevelopment of the 246-kilometer Ngaoundéré-Garoua road section is anticipated to boost Cameroon’s economic competitiveness by improving road infrastructure and facilitating smoother movement of goods and people.
The project will also promote better use of the agricultural and commercial opportunities in the surrounding areas, benefiting local communities. AfDB’s Board of Directors approved Phase 4 of the programme on December 13, 2024. The bank will cover 97% of the total project cost, estimated at €340.7 million. AfDB has been a key development partner for Cameroon, with total investments of approximately $1.88 billion in the transport sector, underscoring its commitment to improving infrastructure and supporting economic growth in the region.