Water infrastructure to be improved in Cameroon
20 December 2010
A water infrastructure project in Cameroon will be carried out after a 366 billion CFA franc (£483 million) loan agreement was reached.
The money will come from the Export-Import Bank of China and the water distribution scheme will help up to two million people.
"Chinese investment across Africa has grown rapidly as the country seeks to secure access to raw materials to feed its breakneck economic growth," Reuters remarked.
The news provider stated according to the UN, only half of the 19.5 million inhabitants of the central African state currently have access to clean drinking water.
While the China National Machinery and Equipment Corporation has been given a 28-month contract to carry out the work required, including building a 58-km pipeline from the Sanaga River.
Jamal Saghir, the World Bank's Africa director for sustainable development, recently said Cameroon has the opportunity to become a leader in telecoms in the continent.