25, July 2024
Yaoundé: World Bank Group feeding Biya’s corrupt government 0
The World Bank Group announced on July 23 its commitment to a new Country Partnership Framework (CPF) with Cameroon, covering 2025 to 2029. This strategic partnership aims to support Cameroon’s “Vision 2035,” which aspires to transform the nation into “an emerging, democratic, and united country in its diversity.”
As part of this effort, the financial institution plans to provide over $2 billion (more than CFA1, 210 billion) during the CPF period to bolster the country’s economic development. This funding complements the $4.2 billion in ongoing commitments.
Cheick F. Kanté, World Bank Country Director for Cameroon, emphasized the importance of this partnership in job creation, particularly for the youth. “A key focus of our engagement is to create more and better jobs, particularly for the youth, as a driver for improving the living conditions of the Cameroonian population at large and preserving social cohesion,” he stated, according to the release. Another goal of the new CPF is to create more effective and inclusive service delivery institutions, with special attention to climate and fragility issues.
The new CPF marks a significant step in the collaboration between Cameroon and the World Bank Group institutions: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This partnership will focus on expanding economic opportunities while laying the foundations for resilient and inclusive growth in Cameroon.
Dahlia Khalifa, IFC Regional Director for West and Central Africa, highlighted the essential role of the private sector in achieving the CPF’s objectives. “The private sector has a key role to play in expanding renewable energy solutions, enhancing agricultural productivity, bridging the infrastructure gap, and increasing financing for micro, small, and medium enterprises (MSMEs) in Cameroon,” she said.
Şebnem Erol Madan, Director of Economic Analysis and Sustainability at MIGA, underscored the World Bank Group’s commitment to mobilizing private financing and foreign direct investments to support inclusive and resilient development in Cameroon. “Over the CPF period, the WBG will build on its track record of mobilizing private finance and foreign direct investment in diverse sectors, supporting inclusive and resilient development in Cameroon. This effort will be strengthened by sustained collaboration between the World Bank, IFC and MIGA in joint business development, including through the deployment of the WBG Guarantee Platform housed in MIGA,” she explained.
According to the World Bank, the preparation of the new CPF involved consultations with key stakeholders, including government officials, the private sector, civil society, think tanks, universities, and other development partners.
Source: Business in Cameroon
25, July 2024
CWA Diamond Anniversary in Buea: Archbishop Nkea highlights successes in “great resilience” 0
Members of the Catholic Women Association (CWA) in Cameroon have, over the last six decades, manifested “great resilience” and hope, Archbishop Andrew Fuanya Nkea of the country’s Catholic Archdiocese of Bamenda has said.
In his Wednesday, July 24 homily during the celebration of the 60th Anniversary since CWA was established in Cameroon, Archbishop Nkea also acknowledged with appreciation women’s life of prayer, their perseverance, as well as their determination.
“You have taken an active part in the spiritual growth of the lives of the women in our church. You have worked hard to improve the condition of women and the girl child everywhere. You have done all within your powers to make your parishes and Christian communities true families of God,” he said during the celebration at the Divine Mercy Co-Cathedral of Cameroon’s Catholic Diocese of Buea.
As CWA member, he said, “you have worked hard for the preservation of family values and you have defended the authentic teaching of the Catholic Church on marriage and the family. You have contributed greatly to the formation of Priests in our local churches, either through financial contributions or by bringing materials, food, and other necessary items to our seminaries.”
“Women are creatures of great resilience and if women give up on something, it means there is no way for redemption. We see that no matter how bad a child is, the women never lose hope,” the Local Ordinary of Bamenda, who doubles as the President of the National Episcopal Conference of Cameroon (NECC) emphasized.
He continued, “Sometimes when men torment the women, they never lose hope. When society becomes hostile and even violent, women never lose hope.”
“This is a great virtue that we have seen in the women, especially during this time that we are going through a lot of difficulties in our regions of the Northwest, the Southwest, the Far North, and the east of Cameroon,” he said referring to the Anglophone crisis.
Archbishop Nkea continued, “In the current socio-political crisis that we are going through in the Northwest and the Southwest regions of Cameroon, the women remain the hope of this nation. It is the women who would save us through their prayers, perseverance, and determination to build fraternity again.”
“Women bring hope to the future. Women always give hope to the desperate and the hopeless. Women give hope when hope is lost,” he further said.
Archbishop Nkea went on to lament the situation in the Central African nation, saying, “Many things are happening in our country today which are not good. But it is you who will save this country.”
“There’s a lot of tension mounting in our country, around various regions for various reasons,” he said, and added, “Thanks be to God the Catholic Women Association exists in all the 10 regions of this country and practically all the 26 dioceses of this country.”
“Women, you are the ones to save this country,” he emphasized during the Eucharistic celebration that was presided over by the Apostolic Nuncio in Cameroon, Archbishop José Avelino Bettencourt.
The 58-year-old Catholic Archbishop, who started his Episcopal Ministry in August 2013 as the Coadjutor Bishop of Cameroon’s Mamfe Diocese encouraged CWA members in Cameroon to be “prophets, the ones to lead us from hopelessness to hope through your prayers and your witnessing.”
“Dear mothers of the church, you are ambassadors of hope to our society, and you have become ambassadors of hope through the painful experiences and the sufferings that many of you have gone through,” the Archbishop of Bamenda said.
He added, “You have been prominent in all occasions of the Church from Episcopal or Priestly ordinations to final professions of Religious men and women, and any other occasions that are organized by the church at any level. You have promoted the Marian spirituality and you have done your best to imitate the virtues of the Blessed Virgin Mary, who is your mother and your model.”
“May God bless you abundantly, forever and ever,” Archbishop Nkea implored.
CWA Cameroon was founded in 1964 under the initiative of Mrs. Anna Foncha with the ecclesiastical approval of the then Local Ordinary of Buea, Bishop Jules Peeters.
Starting off as a small group of women, CWA in Cameroon has grown to about 20,000 registered women all over Cameroon. The association exists in many other parts of the globe.
In his remarks during the event, the Apostolic Nuncio in Cameroon recognized the vital role of CWA in the Church.
“You are important; you are the heart of the Church; you are the arms of the Church,” Archbishop Bettencourt told CWA members in Cameroon on July 24.
Source: aciafrica