{"id":8605,"date":"2019-07-23T22:17:28","date_gmt":"2019-07-23T20:17:28","guid":{"rendered":"https:\/\/aedic.eu\/?p=8605"},"modified":"2022-02-28T20:53:08","modified_gmt":"2022-02-28T19:53:08","slug":"camerun-ecobank-investira-25-miliardi-di-xaf-in-un-piano-durgenza-di-3-anni","status":"publish","type":"post","link":"https:\/\/aedic.eu\/en\/business-in-africa\/cameroon-ecobank-invests-25-billion-xaf-in-a-3-year-urgency-plan\/","title":{"rendered":"Cameroon: Ecobank to invest XAF 25 billion in 3-year emergency plan"},"content":{"rendered":"<p>Business in Cameroon - <strong>C\u00e9lestine Ketcha Court\u00e8s<\/strong>, Cameroon's Minister of Urban Development, presided over the relaunch of road works that<img loading=\"lazy\" decoding=\"async\" class=\"wp-image-8606 size-thumbnail alignright\" src=\"https:\/\/aedic.eu\/wp-content\/uploads\/2019\/07\/celestine-ketcha-courtes-maire-150x150.jpg\" alt=\"celestine-ketcha-courtes-maire\" width=\"150\" height=\"150\" title=\"\"> are part of the three-year emergency plan.<\/p>\n<p>During the ceremony on 26 June 2019, in Yaound\u00e9, the official indicated that President Paul Biya renewed Planut's financing agreement with the 'financial partner'<strong> Ecobank<\/strong> for a<a href=\"https:\/\/aedic.eu\/en\/investire-in-camerun\/\"> investment<\/a> of 25 billion XAF, which could be extended to 60 billion XAF.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-8609\" src=\"https:\/\/aedic.eu\/wp-content\/uploads\/2019\/07\/ecobank-300x207.jpg\" alt=\"ecobank\" width=\"251\" height=\"176\" title=\"\"><\/p>\n<p>C\u00e9lestine Ketcha Court\u00e8s invited the company managers to send in the project execution plans within 48 hours and the site reviews at the end of each month.<\/p>\n<p>The engineering companies also had the task of finding workers.<\/p>\n<p><strong>The National Three-Year Emergency Plan is financed by five banks, namely:<\/strong><\/p>\n<ul>\n<li><strong>BGFI,<\/strong><\/li>\n<li><strong>Standard Chartered Bank,<\/strong><\/li>\n<li><strong>Banque Atlantique,<\/strong><\/li>\n<li><strong>Ecobank<\/strong><\/li>\n<li><strong>Deutsche Bank.<\/strong><\/li>\n<\/ul>\n<p>In its report on the implementation of the 2018 budget, Cameroon's Ministry of Finance criticised the unclear spending on the <strong>Three-year National Emergency Plan. <\/strong><\/p>\n<p>The lack of clarification has a negative impact on the budget, said Cameroon's Minister of Urban Development:<\/p>\n<blockquote><p>\"all these projects are paid for by means of cash advances, which generate a large volume of debts that require extensive budgetary coverage\".<\/p><\/blockquote>\n<p><strong>RdB<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Business in Cameroon - C\u00e9lestine Ketcha Court\u00e8s, Cameroon's Minister of Urban Development, presided over the relaunch of road works that are part of the three-year emergency plan. During the ceremony on 26 June 2019, in Yaound\u00e9, the official indicated that President Paul Biya renewed the agreement ... <\/p>\n<p class=\"read-more-container\"><a title=\"Cameroon: Ecobank to invest XAF 25 billion in 3-year emergency plan\" class=\"read-more button\" href=\"https:\/\/aedic.eu\/en\/business-in-africa\/cameroon-ecobank-invests-25-billion-xaf-in-a-3-year-urgency-plan\/#more-8605\" aria-label=\"More on Cameroon: Ecobank to invest XAF 25 billion in 3-year emergency plan\">Read more<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":30,"footnotes":""},"categories":[13],"tags":[62,70,100,144,349],"acf":[],"_links":{"self":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/8605"}],"collection":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/comments?post=8605"}],"version-history":[{"count":1,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/8605\/revisions"}],"predecessor-version":[{"id":11555,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/posts\/8605\/revisions\/11555"}],"wp:attachment":[{"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/media?parent=8605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/categories?post=8605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aedic.eu\/en\/wp-json\/wp\/v2\/tags?post=8605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}