The most important of these, signed on June 30, 2016, for an envelope of 401 billion FCFA (over 600 million euros), supports the realization of heavy engineering infrastructure and sectoral adjustment programs. The operating principle, initiated in 2006 after reaching the completion point of the HIPC Initiative, substitutes the pure and simple cancellation of debt for a system of reimbursement in the form of direct subsidies, materialized by the signing of 54 sectoral conventions for an amount already disbursed of 871 billion FCFA.

The budgetary allocation of funds prioritizes territorial opening up and transport infrastructure. The urban and road development pole alone captures 339 billion FCFA spread over six targeted programs. Interventions on the transport network include the commissioning in 2018 of the second bridge over the Wouri for an amount of 33 billion FCFA, facilitating road access to the industrial and port area of Douala. Road engineering accounts for the delivery of 125 engineering structures and the development of 170 kilometers of rural roads. The dynamics of restructuring regional capitals integrate ongoing construction sites, such as the "Yaoundé Cœur de Ville" project, which has 44 billion FCFA with a delivery horizon set for 2028, and the "C2D-Urban" program, which mobilizes 111.5 billion FCFA until its expected completion in 2027 through seven municipalities in the country.

The second segment of financial allocation targets agropastoral development and human capital restructuring. The agriculture and rural world sector absorbs 222 billion FCFA, enabling the ACEFA program to provide technical support to 315,000 family farms, while environmental initiatives in the northern part target soil restoration and reforestation. Investments in basic social services display an envelope of 114 billion FCFA shared between the hospital sector and basic education. The academic aspect records the care of 37,000 teachers in underserved areas and the opening of 1,200 classes. Finally, technical education captures 76 billion FCFA for the commissioning of three vocational training centers in Bandjoun, Bertoua, and Maroua, which have supervised 21,000 young people, including 5,000 beneficiaries of direct support towards self-employment.


Nlend Flore