The World Bank has announced that it has approved the financing package for the Cameroon-Chad Transport Corridor project.
The project involves the development and improvement of road and rail networks from the Port of Douala (in Cameroon) to N’Djamena (in Chad). The project scope also includes rehabilitation, modernization and maintenance of a 595-kilometer road in Chad and signaling systems.
The International Development Association (IDA) will support the corridor project with US$538 million. It combines investments in rail and road infrastructure, with interventions on trade facilitation to improve the flow of people, goods, and services along the multimodal Douala-N'Djamena corridor—that concentrate 35 percent of the GDP for both countries, 20 percent of Chad’s population, and 35 percent of Cameroon’s population.
Besix, the project owner for Nachtigal dam concession, has achieved significant construction progress for the Nachtigal dam structure located on Sanaga river.
Read moreInternational Finance Corporation (IFC) has published three requests for expression of interest (RFEOI), looking for several advisors in the field of legal, environmental & social, and technical c...
Read moreInternational Finance Corporation (IFC) will act as transaction advisor for Bus Rapid Transit (BRT) system project in Douala, Cameroon
Read moreInternational Container Terminal Services, Inc. (ICTSI) has signed the concession contract with the Port Autonome de Kribi (PAK) for the development, operation and maintenance of the Kribi Multipurpos...
Read moreThe project shareholders which include Aldwych Africa Developments Ltd, part of PIDG-owned InfraCo Africa Ltd, and Smart Energies International SAS have opened a Request for Proposal (RfP) for Owners...
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