Saudi Fund for Development Signs USD 75 Million Agreement to Strengthen Regional Connectivity in Cameroon - News Summed Up

Saudi Fund for Development Signs USD 75 Million Agreement to Strengthen Regional Connectivity in Cameroon


The project aligns with Cameroon’s National Development Strategy 2030 and reflects SFD’s commitment to sustainable, people-centred development. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development of the Republic of Cameroon, in the presence of the Saudi Ambassador to the Republic of Cameroon, H.E. The project will reduce isolation, strengthen connectivity, and facilitate regional trade with neighboring countries, including Nigeria and Chad, while improving access to essential services. It will also support regional trade and economic integration, contributing to long-term growth. Since then, the Fund has supported 10 development projects totaling more than USD 180 million across key sectors, including infrastructure, education, and healthcare.


Source: GNN Liberia March 24, 2026 10:54 UTC



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