RE: Things starting to happen in Cameroon7 Mar 2026 16:23
PAUL BIYA APPROVES 108 BILLION CFA LOAN FROM CHINA TO EXPAND CAMEROON’S FIBER OPTIC NETWORK
President Paul Biya has authorized a major loan agreement aimed at strengthening the digital infrastructure of Cameroon.
On March 6, the president signed a decree allowing the Ministry of Economy, Planning and Regional Development (MINEPAT) to secure financing from Export-Import Bank of China (EXIMBANK China).
The loan amounts to 1.35 billion yuan, which is approximately 108.4 billion CFA francs, and will be used to fund the fourth phase of Cameroon’s national fiber optic backbone project.
This backbone network serves as the central infrastructure of the country’s internet system, linking cities and regions through high-capacity fiber optic cables that support telecommunications, government services, and digital businesses.
According to officials, Phase IV of the project will focus on extending the fiber optic network into underserved and remote areas, helping improve internet access, increase connection speeds, and strengthen digital connectivity nationwide.