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23, June 2016
3 billion FCFA to help Congo Basin communities 0
Some prominent NGOs announced on Wednesday in Yaounde the nation’s capital that they will invest nearly 3 billion CFA francs to secure the livelihoods of communities in the Congo Basin.
The consortium of NGOs (Well Grounded, Forest Peoples Program, Fern, ClienEarth and Rainforest Foundation Uk), coordinated by the International Institute for Environment and Development (IIED), launched on Wednesday, June 22nd the project “Congos”, which aims to support sustainable development and secure the livelihoods of communities in the Congo basin.
Five countries are involved in the scheme. They include Cameroon, the Democratic Republic of Congo, Central African Republic, Congo Brazzaville and Gabon. Cameroon Concord News understands the total cost of the project is an estimated 3 billion CFA francs from the period 1 April 2016 to 31 March 2019.
Anang Valerian (Cameroon Concord News Group)