Rédaction Africa Links 24 with Esther FOSSI
Published on 2024-03-07 14:30:25
The information emerges from the 17th and 18th sessions of the steering and supervisory committee of Padi-dja on February 28 in Yaoundé.
The Islamic Development Bank (IDB) and the Central African Development Bank (BDEAC) plan to invest 127 billion CFA francs in the Integrated Development and Development Program of the mining loop of Dja (PADI-DJA) and the adjacent border area.
Specifically, the IDB will be in charge of food security, production, and processing of certain local products. Out of the 30.5 billion CFA francs needed for the realization of this project, the bank will provide 27 billion CFA francs and the government 3.3 billion CFA francs.
In fact, it will be responsible for the local production of plantain bananas, cassava, maize, fish, and chicken; construction of mini-solar power plants to support small processing units that will be installed on production sites; development of socio-economic infrastructures such as roads, schools, health centers, and water points.
The BDEAC, on the other hand, will take care of the rehabilitation and development of sections of the Ekong-Bengbis (South region) and Abong-Mbang-Lomié (East region) road axes. These axes will also benefit from the development of urban roads and socio-economic infrastructures. Out of a total cost of 146 billion CFA francs, the BDEAC will invest 100 billion CFA francs and the Cameroonian government 46 billion CFA francs.
Established on December 26, 2014, by a decree from the Prime Minister, the Padi-Dja has been effectively implemented on the ground since 2017. Its mission is to develop the South and East regions.
Read the original article(French) on Journal du Cameroun
