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Japan donates 4 billion FCfa to Cameroon

FinanceMin

Thu, 8 May 2014 Source: businessincameroon.com

On May 5, 2014, the Cameroonian Minister of Economy, Emmanuel Nganou Djoumessi , and the Japanese Minister of Foreign Affairs, Fumio Kishida, signed an agreement for the donation of a total of 800 million yen (approximately 4 billion FCfa).

According to Minister Nganou Djoumessi, this gesture on the part of the Japanese government is a contribution to the Cameroonian government’s crusade against poverty.

According to the Cameroon government’s daily publication, this is the fourth donation made by Japan to Cameroon which brings the total given to 11 billion FCfa.

The funds have been used to implement a 150-egg ranch in the northern region of Cameroon, the construction of a chicken slaughterhouse in Bafang in the West, the building of Société de transformation de manioc de Sangmélima (Sotramas – the Sangelima Cassava-Processing Company), in the South and the establishment of telemedicine.

Source: businessincameroon.com