The European Union pledged Tuesday to lend 91 million euros ($96 million) to Cameroon over the next three years to boost the West African country’s infrastructure and attract foreign investment.
The loan was announced during a meeting between Cameroonian government ministers and an EU representative in Cameroon’s capital, Yaounde.
The loan will help Cameroon to develop its energy sector, road infrastructure and a railway network connecting the country with Chad, its landlocked neighbor, Cameroon’s Minister of the Economy Alamine Ousmane Mey told reporters after the meeting.
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