8, May 2022
Biya criminal gang, European Investment Bank sign agreement on funding railway line 0
Cameroon and the European Investment Bank (EIB) on Thursday signed an agreement on funding the railway line between Belabo and Ngaoundere in the eastern part of the Central African nation.
Vice President of the EIB Thomas Ostros began a working visit in Cameroon Thursday, hoping to explore further avenues of economic cooperation between the EU and the Central African nation. During his stay, Ostros met with the country’s Prime Minister Joseph Dion Ngute and other senior government officials in Yaounde, the capital of Cameroon, and discussed the prospects for increasing investment.
It is believed that the signing of the agreement during his visit will involve an investment of 80 billion XAF (about 129 million U.S. dollars).
“We see this as a ground-breaking project. It is about connecting people but also for business and job opportunities. It fits also with our ambition to invest in sustainable transport. Actually, the biggest investment that we have made in sustainable transport in Sub-Saharan Africa ever,” Ostros, who signed on behalf of the EIB, told reporters in Yaounde.
Alamine Ousmane Mey, the minister of Economy, Planning and Regional Development, who signed on behalf of the Cameroonian government, expressed confidence that European investors would increasingly look at the favorable opportunities available in the country in the context of the positive steps taken by the government to create an investor friendly climate.
“This cooperation has led to a portfolio of projects amounting to roughly 880 million euros. This has made it possible to cover priority areas such as infrastructure, energy, industrial development and agriculture. This certainly is going to help Cameroon accelerate its development process,” Mey said.
Source: Xinhuanet




















8, May 2022
FIFA rejects Algeria’s appeal for play-off replay against Indomitable Lions 0
FIFA has rejected Algeria’s desperate bid to have their World Cup play-off with Cameroon replayed, saying on Saturday “they consider the dossier closed”.
Algeria won the first leg of the play-off 1-0 in March but lost the return leg 2-1 at home after extra time to miss out on one of the five berths at the finals for African nations.
“FIFA can confirm that the Algerian Football Federation submitted a complaint to FIFA’s Disciplinary Committee in relation to the FIFA World Cup qualifier Algeria vs Cameroon played on 29 March 2022, and subsequently FAF also requested to have FIFA’s Referee Committee feedback,” a FIFA spokesperson told AFP on Saturday.
The committee itself said in a report that “all the incidents that occurred during the match were carefully examined by the two video referees, in accordance with the Laws of the Game and the protocol of video assistance to the referee”.
After 90 minutes in Blida, Cameroon led 1-0. In the 28th minute of extra time, Ahmed Touba scored a goal that would have put Algeria through, but Karl Toko Ekambi replied in the fourth minute of added time at the end of extra time.
The Algerian federation said the refereeing of the second leg by Gambian Bakary Gassama was “scandalous”.
Algeria coach Djamel Belmadi repeatedly blasted the refereeing in the match and in Africa in general.
Algerian fans have demonstrated outside FIFA’s headquarters in Zurich.
Source: AFP