Agreement for the establishment of an African Development Bank Regional Office in Cameroon
An agreement was signed on 16 May 2006 in Ouagadougou between Mr. Donald Kaberuka, President of the African Development Bank Group, and Mr. Abah Abah Polycarpe, Cameroon’s Minister of Finance. The Agreement provides for the establishment of an African Development Bank Regional Office in Cameroon. The Office will be responsible for operations in Cameroon and the Central African Republic. The Office will support the Bank Group in the launching and monitoring of projects, promote relations between the Bank Group and government authorities, the private sector and civil society, and will also assist in coordinating aid. It should be recalled that the Regional Office will be part of the 25 field offices that the Bank Group has decided to open in Regional Member Countries in line with the implementation of its strategy to decentralize operations.