News Column

Cameroon : ISLAMIC DEVELOPMENT BANK agrees to allocate fund for health services in CAMEROON

June 16, 2014



The Islamic Development Bank (IDB) has announced the provision of12.4 billion FCfa in finance to Cameroon in order to support the bolstering of primary and secondary health services across the nation.

In order to advance health services, about 5 billion FCfa loan and 7.4 billion FCfa donations will be utilized. The programme is mainly focus on rural areas.

Recently, the IBD recently allocated Cameroon aide amounting to close to 3 billion FCfa to advance the production equipment of SociÉtÉ de dÉveloppement de coton (Sodecoton). This funding will allow the cotton company to generate 240,000 tonnes this year, which is a projected increase of over 30,000 tonnes relative to the previous season.


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Source: TendersInfo (India)