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Cameroon allocates $20 million to strengthen resilience and livelihoods in Logone-et-Chari in 2024

Cameroon allocates $20 million to strengthen resilience and livelihoods in Logone-et-Chari in 2024

Paru le mercredi, 14 février 2024 13:13

The Lake Chad Region Recovery and Development Project (Prolac) has secured XAF18.5 billion in funding to enhance the resilience and livelihoods of the population in the Far North region, specifically the Logone-et-Chari department. This funding, a joint effort between the Cameroonian government and the World Bank, was approved on February 5 during the third ordinary session of the Prolac National Steering Committee in Yaoundé.

According to Abicho Mahamat, the national coordinator of the project, this is the largest funding allocation since the launch of Prolac in 2021. The funds will be used to complete ongoing road projects, develop infrastructure, support local economic players, strengthen social cohesion, and prevent conflicts. Additionally, part of the funding will be dedicated to rural mobility, with approximately XAF8 billion allocated for the creation of roads and major infrastructure to facilitate the movement of goods and people, ultimately improving the economic prospects of the region.

Prolac, which aims to address the challenges faced by countries in the Lake Chad basin affected by the Boko Haram insurgency, is a vital initiative for the region. In Cameroon, the project is set to receive $60 million (over XAF39.3 billion at current dollar value) in financing from the government and the World Bank, to improve living conditions and resilience in the 10 communes of Logone-et-Chari.

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Dernière modification le mercredi, 14 février 2024 13:19

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