Cameroon-African Development Bank: Resource Allocation, Risk Assessments Reviewed

A ssessment of Cameroon's risk profile, which plays a key role in determining African Development Bank’s (AfDB) sovereign and non- sovereign financing for the country and the capital adequacy require­ ments of the bank’s portfolio is cur­ rently underway. This was the focus of the in-camera meeting that was held between The Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey and the AfDB delegation led by Afef Bouabene-Kallel, Director of the Financial Control Department, on September 8, in Yaounde, in the presence of Leandre Bassole, the bank’s Director General for Central Africa. Following the audience, Afef Bouabene-Kallel noted that such missions occur frequently across all member states to gauge overall engagement and financial standing for the bank’s operations in the country. In addition, the joint dele­ gation focused on the ongoing ma­ nagement and recovery practices of Cameroon's debt to AfDB. Since the launch of the AfDB’s Coun­ try Strategy Paper 2023-2028, Ca­ meroon’s annual borrowing capacity under the financial institution’s len­ ding window rose to FCFA 429.4 billion from FCFA 273.3 billion. The annual limit therefore increased by FCFA 156.1 billion, or 57.1 per cent. Over recent years, the AfDB, esti­ mates its commitments to Cameroon at FCFA 1,603.6 billion in 2026, up from FCFA 1,226.2 billion at the start of the strategy period. Key investments feature major road in­ frastructure such as the FCFA 203.35 billion cross-border co...