Tuesday, November 11, 2025
3.2 C
Tallinn

Léandre Bassolé officially takes helm of African Development Bank’s regional office for Central Africa

YAOUNDÉ, Cameroon, September 3, 2025/ — Léandre Bassolé, the new Director General of the African Development Bank Group’s Regional Office for Development, Integration, and Business Delivery for Central Africa, officially took office on 27 August 2025, in Yaoundé, Cameroon.

Bassolé presented his letters of introduction to Oumarou Chinmoun, Secretary General of the Cameroonian Ministry of Foreign Affairs, representing Minister Lejeune Mbella Mbella. Discussions between the two figures highlighted the Bank’s strategic role in the development of Cameroon and the sub-region.

“We understand that you are here as a son, as a brother, and as a friend,” said Chinmoun. “I must tell you how pleased our government is that the Bank has chosen our country to host its headquarters in the sub-region.”

He added: “At the sub-regional level, we welcome your support in the implementation of economic and financial programmes. Given the challenges posed by the crisis in the global financial architecture, the support of the African Development Bank represents added value that helps to strengthen the resilience of our countries when confronted with various shocks.”

The day after taking office (28 August), Bassolé was officially welcomed by Alamine Ousmane Mey, Minister of Economy, Planning, and Regional Development, and Governor of the Bank for Cameroon. Their discussions focused on the state of cooperation, the progress of existing projects, and the prospects for new commitments in support of the National Development Strategy 2030.

“I greatly appreciate the quality of our cooperative relationship with the Bank Group,” said Mey. “We have 24 active projects in priority development-related sectors, with a focus on implementing integrated projects that will have a real impact on the economy and the quality of life of our population.”

Bassolé, meanwhile, emphasised the Bank’s priority to strengthen its operational presence, accelerate project implementation, and increase the impact of said projects in the seven countries covered by the regional office (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea, DRC and Chad).

“The African Development Bank’s strategy is to roll out all our regional operations from Cameroon and make Yaoundé a centre of excellence,” he said. “Our commitments in the country now amount to around $2.2 billion, with nearly 50 per cent in transport, followed by energy and agriculture.”

He concluded: “We will work hand-in-hand to develop projects and programmes that meet the aspirations of the Cameroonian authorities and contribute, in a sustainable way, to improving the living conditions of the population.”

As of 30 June 2025, the African Development Bank Group’s portfolio in Cameroon comprised 24 projects worth $2.2 billion. Across the Central Africa region, it represents 130 operations, including around 40 regional and multinational projects, totalling over $5 billion.

Hot this week

BBC Chief Tim Davie, News Director Deborah Turness Resign Over Trump Speech Forgery Scandal

LONDON — BBC Director-General Tim Davie and Director of...

EFCC Declares Ex-Minister Timipre Sylva Wanted Over $14.8 Million Fraud Allegation

ABUJA, Nigeria — The Economic and Financial Crimes Commission...

Michika monarch Prof Gadiga commends Marwa, seeks partnership with NDLEA

Mbege Ka Michika, Adamawa state, His Royal Majesty Prof....

Trial Opens for Saudi Man Accused of Killing Six in Magdeburg Christmas Market Attack

MAGDEBURG, Germany — Nearly 11 months after a car...

UK Warns Citizens Against Travel to 21 Nigerian States Over Rising Insecurity

LAGOS — The United Kingdom has warned its citizens...

Latest

EFCC Declares Ex-Minister Timipre Sylva Wanted Over $14.8 Million Fraud Allegation

ABUJA, Nigeria — The Economic and Financial Crimes Commission...

Michika monarch Prof Gadiga commends Marwa, seeks partnership with NDLEA

Mbege Ka Michika, Adamawa state, His Royal Majesty Prof....

#AnambraDecides2025: Refer sponsors of vote buying to ICPC, EFCC, police, SERAP tells INEC

Socio-Economic Rights and Accountability Project (SERAP) has urged Professor...

Saudi-Bound Drug Lord Arrested as NDLEA Dismantles Lagos Clandestine Lab

LAGOS, Nigeria (Nov. 9, 2025) — A wanted drug...

US Vows ‘New Chapter’ with Bolivia as Paz Inaugurated; Visa-Free Travel, Starlink Approved

LA PAZ, Bolivia (Chatnewstv.com) — The United States affirmed...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

DRC, Rwanda Initial Economic Framework as Peace Talks Show ‘Lagging Progress’

WASHINGTON (Chatnewstv.com) — Representatives from the Democratic Republic of the Congo and the Republic of Rwanda initialed a new framework for regional economic integration...

Ghanaian Foundation Revokes Nigerian Journalist’s Award Over Eligibility Breach

ACCRA, GHANA (Chatnewstv.com) — The Media Foundation for West Africa (MFWA) has withdrawn an award given to Nigerian journalist Abdulrasheed Hammad after determining his...

U.S. Raises Tanzania Travel Advisory to ‘Reconsider Travel’ Citing Unrest, Crime, Anti-LGBT Targeting

WASHINGTON (Chatnewstv.com) — The U.S. Department of State raised its travel advisory level for Tanzania on Friday to Level 3: Reconsider Travel, citing increased...

German President to travel to Egypt, Ghana and Angola

Agency Report - German President Frank-Walter Steinmeier is due to embark on a nearly week-long trip to Africa on Saturday. He plans to visit Egypt, Ghana...

Madagascar Army Seizes Power After President Andry Rajoelina Flees Country

ANTANANARIVO, Madagascar (Chatnewstv.com) — Madagascar’s armed forces said Tuesday they are taking control of the Indian Ocean island nation, hours after President Andry Rajoelina...

Mali Junta Opens Local Talks with al-Qaida Affiliate to End Fuel Blockade

BAMAKO, Oct. 9, 2025 (CHATNEWS TV/AP) — Mali’s military junta has authorized local negotiations with al-Qaida–linked militants in a bid to end a months-long...

EU Condemns Arrest of Diplomat in Mali as Violation of International Law

BRUSSELS (Chatnewstv.com) — The European Union has condemned the arrest of one of its accredited diplomats in Mali, calling it a clear violation of...

U.S., Kenya push for gang suppression force in Haiti at UN meeting

UNITED NATIONS (Chatnewstv.com) — The United States and Kenya urged decisive international action Monday to confront Haiti’s spiraling security crisis, backing the creation of...

EU Extends Sanctions on Sudan for Another Year, A Day After Calling For Peace Talk Between Rival Forces

BRUSSELS (Chatnewstv.com) — The European Union on Monday extended sanctions against individuals and entities accused of destabilizing Sudan and obstructing its political transition, keeping...