Search

Cameroon Secures €38.1 Million AFREXIMBANK Loan for Rural Solar Electrification

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

You need an active subscription to continue reading this article.

Recent Business

Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia’s domestic debt hits $17.1bn as short-term borrowing grows
Read More »
Mine site Photo © Unsplash
Atlantic Lithium secures $34mn financing to advance Ghana project
Read More »
Maputo, Mozambique Photo @ Pexels
Mozambique trims lending rate to 16% as economy reels from recession
Read More »

Recent Politics

Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »
Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »
US passport and visa on display. Photo by Global Residence Index @ Unsplash
Did Mali’s tough stance with the U.S. over visas pay off?
Read More »

Latest Posts

Latest news insights