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Cameroon Secures €38.1 Million AFREXIMBANK Loan for Rural Solar Electrification

President Paul Biya. © Stephane Lemouton/ABACAPRESS.COM / Alamy Stock Photo

Amindeh Blaise Atabong

Amindeh Blaise Atabong is a freelance reporter who studied advanced financial journalism at the University of the Witwatersrand, Johannesburg. He has a proven track record of delivering high-impact reporting for esteemed local, regional, and international news organizations, including Reuters, Quartz Africa, Mail & Guardian, Semafor Africa, The Times, and African Argument. Amindeh's expertise has been recognized through several prestigious awards, notably the Kurt Schork Award in International Journalism, and his reporting has often driven markets and sparked meaningful conversations.
  • Funding to expand solar power to 200 rural localities across Cameroon
  • Project aims to connect over 30,000 households but highlights broader energy gaps

Yaoundé, Cameroon – President Paul Biya has authorised Cameroon’s economy minister to secure a €38.1 million (approximately 24.86 billion francs CFA) loan from the African Export-Import Bank (AFREXIMBANK) to finance a rural solar electrification initiative.

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