The visit of Abdoul Salam Bello, World Bank Executive Director, which runs from August 18 to 24, 2024, strengthens cooperation between Cameroon and the financial institution. The main objective is to discuss the implementation of the new partnership framework adopted by the World Bank on July 23, 2024. This framework focuses on job creation, strengthening more efficient and inclusive service delivery institutions, and taking into account climate issues.
“The Board of Directors has just approved the Country Partnership Framework between Cameroon and the World Bank Group; it is a report that was unanimously welcomed by the Board with warm congratulations to the Cameroonian authorities for the quality of this commitment. Our mission is to discuss the modalities for implementing this partnership and the issues relating to the development agenda,” said Abdoul Salam Bello, Administrator of the World Bank’s Africa II Group.
Access to electricity, essential for development, will also be at the heart of the discussions. For more than a decade, Cameroon has launched several programs to improve its energy supply, in particular with the entry into service of the Nachtigal dam, with an installed capacity of 420 MW, intended to supply nearly 30% of the electricity consumption of the country’s southern interconnected network. The objective is to guarantee green and competitive electricity.
“On electrification in Africa, the World Bank has launched an initiative with the African Development Bank to provide access to electricity to more than 300 million Africans by 2030 and on this agenda we say that all the work that Cameroon is doing in this sector is important and it is a question of seeing how Cameroon can still benefit more from future commitments“, adds Abdoul Salam Bello.
The 2025-2029 partnership framework aims to support the achievement of Cameroon’s 2035 vision, which aspires to become “an emerging, democratic and united country in its diversity”. To do this, the World Bank plans to provide more than US$2 billion in financing during this period, in addition to the USD 4.2 billion in commitments already underway.
