Cameroon’s Economy Minister, Emmanuel Nganou Djoumessi, is expected to soon sign a loan agreement totalling 29.5 billion FCFA with the French Development Agency (FDA), states a presidential decree signed on June 4, 2015.
According to the decree signed by President Paul Biya, the funds provided by the FDA will be used to finance “complementary improvements” within the framework of the project to build the second bridge over the Wouri River in Douala.
This infrastructure project financed by the FDA totals 110 billion FCFA in investment. The work will be delivered in September 2016, according to the timeline given to Sogea-Satom.