Africa Cameroonian authorities have secured a $542mn loan from the China Import-Export Bank to fund the construction of a 201 MW hydroelectric dam on the Ntem River.
p>Africa Cameroonian authorities have secured a $542mn loan from the China Import-Export Bank to fund the construction of a 201 MW hydroelectric dam on the Ntem River.
The central African country desperately wants to narrow its electricity capacity deficit, Cameroon Economy Minister Louis Paul Motaze said at a joint press conference with China’s ambassador, without giving the terms of the loan.
