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Donations, cancelations, and deferment: China is taking measures to lighten the burden of its debt on Cameroon but…


(Business in Cameroon) - On May 4, 2021, the Minister of Economy, Planning, and Regional Development (MINEPAT) Alamine Ousmane Mey and Wang Yingwu, the Chinese Ambassador to Cameroon, signed two economic and technical partnership agreements.
According to the Minister, the first agreement is a XAF25 billion unconditional pledge to fund development projects to be identified and agreed upon by the involved parties. The second agreement officializes the cancellation of some interest-free loans, worth XAF10 billion, canceled in 2020.

These highly commendable actions by the Chinese government are carried out in the framework of the promises made by the Chinese President during the Beijing summit and the virtual extraordinary China-Africa Summit on solidarity against COVID-19, the MINEPAT explains. ....

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Cameroon receives 200,000 Covid-19 vaccines from China


Cameroon receives 200,000 doses of Covid-19 vaccines from China
Thursday April 15 2021
Summary
More than 500 accredited vaccination centres have already been created across the country, according to vaccination agency, the Expanded Program on Immunization (EPI).
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Cameroon has received a donation of 200,000 doses of Chinese-made Covid-19 vaccine, Sinopharm, after it suspended the approval of Oxford-AstraZeneca vaccines over safety concerns.
The AstraZeneca vaccines are being distributed under the World Health Organization-backed Covax initiative, but there have been several reports linking it to rare cases of blood clots.
Cameroon’s Prime Minister Joseph Dion Ngute received the vaccines from Chinese Ambassador Wang Yingwu on Sunday night after a special Air France flight delivered the first consignment at the Yaoundé-Nsimalen International Airport. ....

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