Cameroon Approves CFA 108 Billion Loan from China Exim Bank for Fiber Optic Expansion

2026-03-09 - 22:45

YAOUNDÉ, Cameroon — CameroonOnline.ORG | In a significant move to bolster the nation’s digital infrastructure, President Paul Biya has signed a decree authorizing a loan agreement of approximately CFA 108.4 billion ($195 million) from the Export-Import Bank of China (China Exim Bank). The funding is earmarked for Phase IV of the National Fiber Optic Backbone ...