Home » Economy and Finance
AfDB Disburses XAF26 billion for the Interconnecting Logone Bridge between Cameroon to Chad
Category :- Economy and Finance Author :- L J KINGAH 
Posted on May 11, 2020, 3:43 pm
(1 Rating)

The Board of Directors of the African Development Bank–AfDB have approved a grant of XAF26.2 billion for the construction of a bridge over the Logone River which will connect Yagoua  in Cameroon to Bongor  in Chad.


This grants as stipulated in a report by the project management team to the Bank's Board, the funds will not only be used to co-finance the construction of the bridge but equally the connecting roads as well as the feasibility studies.


The expectations are that this bridge will promote bilateral and sub-regional integration as well as cross-border trades. It will also be expected to reinforce the socio-cultural ties between Cameroon and Chad.


The report stated, ‘Specifically, the project aims to promote inter-state trade, particularly between Cameroon and Chad, reduce travel time and related transport costs, and improve access to basic services for people living in neighboring localities,".


The said construction work seconds the between the two countries after the Nguéli Bridge, which connects Kousseri in Cameroon to Ndjamena in Chad. They have all have been entrusted to the Razel Cameroun-Razel Fayat-Sotcocog consortium. Its completion is expected in a year and a month.




Rate this article   
Tagged Keywords: afdb, chad, cameroon, logone bridge
Cameroon: National Institute of Statistic Reveals Disturbing Statistics on Women who Suffer Domestic Violence
The Cameroon National Institute of Statistic has reportedly ....
Page Views: 54
Cameroon: Members of the National Assembly Contribute CFAF 100 million into Solidarity Fund.
Members of the National Assembly in Cameroon have reportedly....
Page Views: 64
Cameroon: Over 980 Cases of Cholera Reported in Four Regions
The statistics released by Department of Disease Control and....
Page Views: 70
Cameroon Marks end of UN Declared Global Decade for Road Safety with 53% Achievement in its Objectives
In the evening of yesterday, July 8th, 2020, to mark the end....
Page Views: 66
___________________ ___________________