EU invests in Douala–N’Djamena corridor as it shifts from donor to investor in Africa

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EU invests in Douala–N’Djamena corridor as it shifts from donor to investor in Africa

By Afolake Oyinloye

May 23, 2025
The European Union is investing €40 million to modernize the Douala–N’Djamena trade corridor, a crucial route linking Cameroon’s Douala port to Chad’s capital. The project, part of the EU’s Global Gateway initiative and backed by an EU-IFC guarantee mechanism, aims to enhance infrastructure, regional integration, job creation, and stabilityin Central Africa. EU official Koen Doens emphasized that the EU increasingly views Africa as a strategic partner, not just an aid recipient. Read the full article here.