{"id":23611,"date":"2019-01-18T08:42:57","date_gmt":"2019-01-18T08:42:57","guid":{"rendered":"http:\/\/www.intelligentcio.com\/africa\/?p=23611"},"modified":"2019-01-18T12:14:23","modified_gmt":"2019-01-18T12:14:23","slug":"two-co-financing-agreements-for-cameroon-chad-electricity-project","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/africa\/2019\/01\/18\/two-co-financing-agreements-for-cameroon-chad-electricity-project\/","title":{"rendered":"Two co-financing agreements for Cameroon-Chad electricity project"},"content":{"rendered":"<p style=\"background: white\"><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">The European Commission and the African Development Bank have signed two co-financing agreements for the Cameroon-Chad electricity interconnection project and the trans-Saharan fibre optic (SDR) scheme. <\/span><\/p>\n<p style=\"background: white\"><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">Ousmane Dor\u00e9, Director General of the Bank for Central Africa, and\u00a0Francesca Di Mauro, Head of the Central and Southern Africa Unit, and Indian Ocean, Directorate General for International Development Cooperation of the European Commission, co-signed the agreements for an aggregate amount of nearly\u00a0\u20ac<\/span><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">60m.<\/span><\/p>\n<p style=\"background: white\"><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">In December 2017, the African Development Bank had given the go-ahead to finance 65% of the \u20ac399m project.\u00a0The donation made by the European Commission represents 7.5% of this amount.\u00a0The project, scheduled for completion in 2022, will improve the economic and social development framework of the countries concerned by increasing the rate of access to electricity and cross-border exchanges of cheap and cleaner energy.<\/span><\/p>\n<p style=\"background: white\"><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">As for the SDR project, with a total cost of \u20ac79m and financed for more than half (\u20ac44m) by the African Development Bank, it will strengthen the access of populations, administrations and enterprises high-quality, reliable and accessible digital services in both countries, thanks to the planned multiple cross-border optical links.<\/span><\/p>\n<p style=\"background: white\"><span style=\"font-size: 13.5pt;font-family: 'Helvetica',sans-serif;color: #333333\">At the regional level, the two projects will increase energy and data exchanges, in addition to greater integration of the member States of the Economic Community of Central African States (ECCAS), thus contributing to their socio-economic transformation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission and the African Development Bank have signed two co-financing agreements for the Cameroon-Chad electricity interconnection project and the trans-Saharan fibre optic (SDR) scheme. Ousmane Dor\u00e9, Director General of the Bank for Central Africa, and\u00a0Francesca Di Mauro, Head of the Central and Southern Africa Unit, and Indian Ocean, Directorate General for International Development [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":23612,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[900,888,399,19,260,262],"tags":[2301,7947,7951,7952,7946,7950,7949,7948],"class_list":["post-23611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-green","category-more-news","category-regional-news","category-regional-news-newsletter","category-used","tag-african-development-bank","tag-cameroon-chad-electricity-interconnection-project","tag-eccas","tag-economic-community-of-central-african-states","tag-european-commision","tag-francesca-di-mauro","tag-ousmane-dore","tag-trans-saharan-fibre-optic-scheme"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/23611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=23611"}],"version-history":[{"count":9,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/23611\/revisions"}],"predecessor-version":[{"id":23633,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/23611\/revisions\/23633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/23612"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=23611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=23611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=23611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}