African Development Bank Threatens to Cancel 292 Billion FCFA in Funding for Cameroon

Economics

Cameroon

The African Development Bank (AfDB) has threatened to withdraw 292 billion FCFA in approved financing for Cameroon due to persistent administrative delays and a failure to sign necessary loan agreements.

Key points

  • Seven development projects are currently at risk of cancellation, including the 207 billion FCFA Ngoura-Yokadouma road project in the Eastern region.
  • The AfDB reports that six projects lack signed agreements, while a seventh has seen no disbursements for over 15 months.
  • The potential loss of funding comes as Cameroon's public debt reached 14,591 billion FCFA by September 2025.
  • A joint review held on July 14, 2026, highlighted that these administrative bottlenecks are stalling critical infrastructure and social development efforts.

Why it matters

The potential cancellation of these funds threatens to derail major infrastructure projects and exacerbate economic instability in a country already facing significant public debt challenges.

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