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IsDB signs $238m Cameroon road deal, discusses support for Syria and Mozambique

Middle East 1 source 1 country 🔦 Under-reported 29m ago

The Islamic Development Bank (IsDB) has finalized a financing agreement valued at $238 million (€212.35 million) with the government of Cameroon. The funds are designated for the rehabilitation of the Douala–Bafoussam road, an infrastructure initiative intended to improve regional connectivity and facilitate greater access to economic opportunities within the country.

Beyond the Cameroon agreement, the IsDB held discussions regarding potential support for recovery efforts in Syria and Mozambique. These talks reflect the institution's broader agenda to provide financial assistance for development and reconstruction projects in member nations facing economic or infrastructure challenges.

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Read the full story at the source Arab News · SA ↗
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