{"id":460430,"date":"2018-06-07T13:54:04","date_gmt":"2018-06-07T13:54:04","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460430"},"modified":"2018-06-07T13:54:04","modified_gmt":"2018-06-07T13:54:04","slug":"bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/06\/07\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\/","title":{"rendered":"Bank of China grants credit line of nearly 50 billion CFA francs to Cameroon"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Bank of China has granted a credit line of 44.9 billion CFA francs to Cameroon, according to an announcement published Wednesday (June 6th) in the Official Journal (OJ).<br \/>\nThis loan is intended to finance the first phase of the National Extension Project, the intelligent urban video surveillance system.<br \/>\nIt is stated in the said newspaper that for this purpose, the Head of State, Paul Biya, signed a decree authorizing the Minister of the Economy, Planning and Spatial Planning (MINEPAT) to initial the agreement with this Chinese bank.<br \/>\nInitially, the National CCTV Extension Project&#8217;s commercial loan agreement was set at CFAF 22.95 billion and closed on February 22, 2018.<br \/>\nHowever, the decision of the President of the Republic to review this envelope on the rise, comes within the framework of the amendment of the Finance Act 2018 decided Monday by the head of state which carries the budget of the country for this exercise, of CFAF 4,513 billion to CFAF 4,689 billion.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Bank of China has granted a credit line of 44.9 billion CFA francs to Cameroon, according to an announcement published Wednesday (June 6th) in the Official Journal (OJ). This loan is intended to finance the first phase of the National Extension Project, the intelligent urban video surveillance system. It is stated in the said<\/p>\n","protected":false},"author":527683,"featured_media":460432,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000],"tags":[1381,12599],"class_list":["post-460430","post","type-post","status-publish","format-aside","has-post-thumbnail","category-banks-insurance","tag-bank-of-china","tag-cameroon-en","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bank of China grants credit line of nearly 50 billion CFA francs to Cameroon - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/06\/07\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of China grants credit line of nearly 50 billion CFA francs to Cameroon\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/06\/07\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-07T13:54:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/06\/5b17a3251447b680143247-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"foulah bald\u00e9\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"foulah bald\u00e9\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/\"},\"author\":{\"name\":\"foulah bald\u00e9\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/56268e408f0ef96e6c5c8739845e7e88\"},\"headline\":\"Bank of China grants credit line of nearly 50 billion CFA francs to Cameroon\",\"datePublished\":\"2018-06-07T13:54:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/\"},\"wordCount\":169,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/5b17a3251447b680143247-1.jpg\",\"keywords\":[\"Bank of China\",\"Cameroon\"],\"articleSection\":[\"Banks &amp; Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/\",\"name\":\"Bank of China grants credit line of nearly 50 billion CFA francs to Cameroon - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/07\\\/bank-of-china-grants-credit-line-of-nearly-50-billion-cfa-francs-to-cameroon\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/5b17a3251447b680143247-1.jpg\",\"datePublished\":\"2018-06-07T13:54:04+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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