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Published 1 month ago

Bus Rapid Transit: The urban community of Douala wants to mobilize 10 billion F for the project.

Summary by Journal Du Cameroun
The fundraising ceremony for this project took place on March 26, 2024, in Bonapriso, in the 1st arrondissement. 1 million FCFA per share with a 6.5% annual interest rate, repayable in 4 years through Beac. The operation aims to collect 10 billion CFA francs to finance the counterpart funds that the CUD must provide under the Bus Rapid Transit project in Douala. The operation is guaranteed by a comfort letter from the Ministry of Finance of Came…

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