CAMEROON: Railway gets World Bank funding

The World Bank is allocating funds totaling 15.6 billion FCFA (just over US $22 million) to Camrail, the Cameroonian railway company announced in a news release on Wednesday. The European Investment Bank has already agreed to a loan of 7.9 billion FCFA and two Cameroonian banks have offered 2.9 billion FCFA, the utility said.