Cameroon road construction project

The plan for a major new road project has been agreed in Cameroon. The 357km Ring Road project will connect Cameroon with neighbouring Nigeria. Part of the funding for the work is being provided in the shape of a loan worth US$20.7 million from the African Development Bank (AfDB). In all the project is costing $251.5 million. Only a 60.5km stretch between Ndop and Kumbo has been completed, with delays having been caused by instability in the region. However the new road will help transport and trade between
October 25, 2019 Read time: 1 min

The plan for a major new road project has been agreed in Cameroon. The 357km Ring Road project will connect Cameroon with neighbouring Nigeria. Part of the funding for the work is being provided in the shape of a loan worth US$20.7 million from the African Development Bank (AfDB). In all the project is costing $251.5 million. Only a 60.5km stretch between Ndop and Kumbo has been completed, with delays having been caused by instability in the region. However the new road will help transport and trade between Cameroon and Nigeria and will help develop the economy of both nations.

Finance & Funding

Related Content

  • Major new highway project for Mali
    December 4, 2015
    A new highway project is being planned that will help boost the economy of Mali. The landlocked country is one of the most impoverished nations in Africa and this new highway will provide a direct link from its capital Bamako to the port of San Pedro in Côte d'Ivoire. Much of the financing for the project is being provided through a loan worth US$ 187.61 million from the African Development Bank. The new highway link will also help develop the port of San Pedro, which is currently the second largest in Côte
    Read More
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More
  • Uganda-Kenya link to be upgraded
    January 25, 2018
    An upgrade is planned for the road connecting Uganda with Kenya at the Suam-Bukwo-Kapchorwa border crossing. The majority of the project costs will be paid for by a loan package worth US$94.5 million being provided by the African Development Bank (AfDB). The remaining $11.2 million needed for the work will be paid by the Ugandan Government. The project should take 36 months to carry out and will involve improving the 118km road that runs from Kapchorwa in Uganda to Kitale in Kenya.
    Read More
  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More

Highlighted Content