US EditionSaudi Fund for Development Signs $75mn Cameroon Road Loan
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4 Articles
Saudi Arabia signs $75m development deal with Cameroon
The Saudi Fund for Development’s CEO Sultan Al-Marshad has signed a development agreement in Cameroon with the country’s Minister of Economy, Planning and Regional Development Alamine Ousmane Mey. The agreement will finance the restoration of the Sorawel–Dourbey Road Project with a concessional loan of $75 million. It was signed in the presence of the Saudi Ambassador to Cameroon Ibrahim Al-Ghamdi, the Saudi fund said in a post on X on Tuesday. …
To rehabilitate the Sorawel–Dourbeye road in the Far North of the country, on 23 March 2026 in Yaoundé, Cameroon and Saudi Arabia signed a loan agreement of CFAF 42.5 billion (approximately US$75 million). This section, barely 70 kilometres, is part of a route linking northern Cameroon to Nigeria, the country's largest trading partner in West Africa. It plays an important role in regional integration. The rehabilitation of this heavily degraded …
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