AFREEQUE
Top stories
Football
🇨🇲 CameroonBusiness

Biya authorises €150 million for Yaoundé bypass

By , based on Actu Cameroun

Biya authorises €150 million for Yaoundé bypassKNGANSO · CC BY-SA 4.0

Cameroonian President Paul Biya has authorised €150 million in financing, equivalent to about 98.39 billion CFA francs, from the European Investment Bank to build section T3 of the Yaoundé bypass. The European Union is also providing a €13 million grant and €3.86 million in technical assistance, according to a presidential decree dated 5 November.

Cameroonian President Paul Biya has authorised the Minister of the Economy, Planning and Regional Development to conclude a financing agreement worth €150 million, or about 98.39 billion CFA francs, with the European Investment Bank to build the priority T3 section of the Yaoundé bypass. The decree was signed on 5 November 2026, according to Actu Cameroun.

The financing will be supplemented by a €13 million investment grant from the European Union and €3.86 million in technical assistance, according to Actu Cameroun. The minister is authorised to sign the various instruments needed to mobilise these funds.

Share this article

Related stories

Globeleq records CFA6.3bn in interest owed by Cameroon

Power producer Globeleq recorded $10.8 million, or about 6.3 billion CFA francs, in interest in 2025 on receivables linked to the transmission lines of the Kribi and Dibamba power plants. The amounts are owed by the Cameroonian state, and the average effective interest rate remained at 26.3%, according to Globeleq Africa Holdings’ accounts filed in the UK on 20 October 2026.

🇨🇲 Cameroon · Source: Investir au Cameroun ·

France provides €100 million for 11 Moroccan ports

The French Development Agency and Morocco’s National Ports Agency have signed a €100 million financing agreement to modernise 11 ports, from Nador to Dakhla. The programme also includes greening and climate protection works, according to a statement from the French embassy in Morocco.

🇲🇦 Morocco · Source: L'Information ·

Paul Biya and Albert II seek to strengthen economic ties

Cameroonian President Paul Biya received Monaco’s Sovereign Prince Albert II at the Unity Palace in Yaoundé on 30 October 2026. The 48-hour official visit, the prince’s first since March 2003, aims in particular to develop economic relations between the two countries, according to Camer.be.

🇨🇲 Cameroon · Source: Camer.be ·

Madagascar authorises Jirama to buy 18 MW of generator sets

The Malagasy government has authorised Jirama to directly purchase 18 MW of diesel generator sets and transformers from TWCM Holding Co. Ltd. Another decree provides for the expropriation of Madagascar Utilities transformers for transfer to Toamasina, while 56 sites have already been equipped in six months, according to Energy Minister Radonirina Lucas Rabearimanga.

🇲🇬 Madagascar · Source: L'Express de Madagascar ·

🇨🇲 Latest from Cameroon

460 women receive free cancer screening in Cameroon460 women receive free cancer screening in CameroonYango Cameroon and the Welisane Foundation provided breast cancer screening to 460 women in Yaoundé and Douala during the Pink October campaign. The examinations, carried out using the iBreastExam device, took place on 17 and 31 October, while financial support is expected to assist patients diagnosed positive, according to Actu Cameroun.All Cameroon news →

Business in Central Africa

Conflict and Ebola put DR Congo budget under pressure, IMF saysConflict and Ebola put DR Congo budget under pressure, IMF saysThe IMF says the conflict in the east of the Democratic Republic of the Congo and the response to Ebola are weighing on public finances, despite a deficit below the ceiling set at the end of June. The institution is urging Kinshasa to accelerate revenue collection and contain the wage bill, according to its 4 November statement.All Business news →

The week in Africa

This week’s highlights

  1. IMF forecasts $771 million for DR Congo, including $240 million for Ebola🇨🇩 DR Congo
  2. Cristiano Ronaldo ends international career with Portugal🇵🇹 Portugal
  3. Democrats win US midterm elections🇺🇸 United States
  4. Angolan association seeks reparations from Portugal🇦🇴 Angola
  5. Somalia’s Supreme Court demands elections within 90 days🇸🇴 Somalia
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

← Back to the news