Record of Approval on an Absence of Objection Basis - June 12, 2026 - Cameroon Douala-Bangui Economic Corridor Project-Phase 1 (MPA)

Jul 19, 2026

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Approval on an absence-of-objection basis was issued for Cameroon, the Central African Republic, and the Economic and Monetary Community of Central Africa, covering the Douala-Bangui Economic Corridor Project-Phase 1 using a Multiphase Programmatic Approach (MPA). On June 12, 2026, Executive Directors approved a EUR 347.5 million loan and a EUR 15.4 million credit for Cameroon, plus an SDR 65.6 million grant for the Central African Republic and an SDR 7.3 million grant for CEMAC. Lailee Jane Moghtader requested her abstention be recorded.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval Notice

Parties and Project Description

Financial Terms Approved

Recording of Abstention

FAQs

What does the document approve and under what basis?

It approves the Douala-Bangui Economic Corridor Project-Phase 1 using an MPA on an absence-of-objection basis.

What approvals were made on June 12, 2026?

Executive Directors approved a EUR 347.5 million loan and EUR 15.4 million credit for Cameroon, and grants of SDR 65.6 million for the Central African Republic and SDR 7.3 million for CEMAC.

Who requested that their abstention be recorded?

Lailee Jane Moghtader wished to be recorded as abstaining.

Jul 19, 2026

Upload by Eliana