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.

Recent Business

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »

Latest Posts

Latest news insights