World Bank warned the government of the Republic of Cameroon to minimize spending as the country’s debt level is already at an alarming level. Despite the advice and warning of the World Bank, Cameroon through its Minister of the Economy, Louis Paul Motaze proceeded in borrowing a total of 187.804 billion fcfa from the African […]
World Bank Classifies Cameroon 161 Economy in Doing Business Rankings . The World Bank and the International Financial Corporation on October 20, 2011 published the 2012 Doing Business rankings with Cameroon occupying the 161 position, registering some improvement from the 168 position in the 2011 rankings, a release from the Prime Minister’s Office states.
Cameroon World Bank Country Director For Cameroon Outlines New Orientations. The World Bank Country Director for Cameroon, Central African Republic, Equatorial Guinea and Gabon, Gregor Hans Binkert, says the institution’s new strategy for Africa focuses on job-creating initiatives like agricultural competitiveness, telecommunications and transport infrastructure as well as assistance to growth-boosting sectors like wood and tourism industries.
ADB, World Bank reviews operations in Cameroon.
Cameroon business – World Bank To Approve FCFA 51 For Cameroon and CEMAC Zone. Board of Administrators of the World Bank will today approve FCFA 51 billion to be granted to Cameroon for the purification of waste water and for transportation projects in the Central African Economic and Monetary Community (CEMAC).