Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Cameroon and the CAR to upgrade the Douala-Bangui Corridor

 

 

The World Bank has approved a multiphase program to transform the Douala-Bangui Corridor at a cost of $1.12 billion. The first tranche of $525 million will be split between Cameroon and the Central African Republic (CAR).


In the first phase, funds will be used to rehabilitate priority road sections, establish axle load control stations, develop logistics hubs and feeder roads, as well as support trade facilitation and institutional reforms.


The Douala-Bangui Corridor, which stretches over 1,400 kilometers, is the economic backbone of Cameroon and a key transport artery for the CAR, handling over 80% of the country's foreign trade.


WORLD BANK