IsDB signs $238m Cameroon road deal, discusses support for Syria and Mozambique
- The Islamic Development Bank (IsDB) signed a $238 million financing agreement with Cameroon for the Douala–Bafoussam Road Rehabilitation Project.
- The project aims to enhance regional connectivity, reduce transportation costs, and facilitate the movement of goods to and from the Port of Douala.
- The agreement includes rehabilitating 218 kilometers of national roads and 108 kilometers of feeder roads, along with improving social infrastructure such as classrooms and health centers.
- Since joining the IsDB in 1977, Cameroon has received $4.22 billion in financing from the bank for various development projects.
- IsDB is also focusing on Syria's recovery and reconstruction efforts, discussing support with Syrian Finance Minister Mohammed Yisr Barnieh.
- Additionally, IsDB plans to enhance cooperation with Mozambique on development priorities, particularly in social sectors and infrastructure.
