Updated: May 8, 2020
The African Development Bank Group has approved grants worth €40 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
The bridge, once completed, is expected to support bilateral and sub-regional integration and cross-border trade. It will also safeguard life and property during the river crossing and boost socio-cultural ties between the two countries.
The grants, which are estimated at €20.785 million tranche for Cameroon and €19.215 million for Chad, were approved on 30 April 2020. The facility is from the Investment Facility for Africa under a framework agreement between the Bank Group and the European Commission. The funds will co-finance the costs of construction of the bridge between Yagoua in Cameroon and Bongor in Chad, access roads and feasibility studies.
The Bank and the European Commission have said that they are committed to co-financing development projects that tackle poverty by investing in critical infrastructure to promote seamless connectivity of transport, energy and ICT. The project also aims to promote interstate trade between Cameroon and Chad, reduce travel time and transportation costs, and improve accessibility of basic services with neighbouring communities.