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LOANS & CREDITS May 26, 2020

Africa - Lake Chad Region Recovery and Development Project

Cameroon

IDA Credit: US$ 60 million equivalent

Maturity: 30 years    Grace: 5 years

Niger

IDA Credit: US$ 20 million equivalent

Maturity: 38 years    Grace: 6 years

IDA Grant: US$ 40 million equivalent

Chad

IDA Grant: US$ 45 million equivalent

Lake Chad Basin Commission

IDA Grant: US$ 5 million equivalent

Project ID P161706

Project Objectives Description: The project development objective is to contribute to the recovery of the Lake Chad region by supporting regional coordinating and crisis monitoring, connectivity and agricultural livelihoods in selected provinces of the Republic of Cameroon, Republic of Chad, and Republic of Niger.


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