AfDB Funds Road Project Linking Cameroon and Congo

The African Development Bank has approved a USD190 million aid package for the development of the Ketta-Djoum road and the Brazzaville-Yaoundé transport corridor that would link Cameroon and Congo. The money will be drawn from the regional bank's concessional fund and will be released in two parts, a USD97million grant and a USD93 million loan.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.