Cameroon and the African Development Bank (AfDB) have signed €136 million loan agreements to launch a five-year programme in the country's conflict-hit far north region.The initiative, known as CAP2E, will train 6,000 youth in technical and vocation… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader AfDB, Cameroon seal €136m deal to train youth, support SMEs By Busola Bamidele on September 30, 2025 Cameroon and the African Development Bank (AfDB) have signed €136 million loan agreements to launch a five-year programme in the country's conflict-hit far north region. The initiative, known as CAP2E, will train 6,000 youth in technical and vocational fields, create over 5,000 jobs 40% reserved for women and provide support to more than 500 SMEs. Read also: AfDB, Cameroon seal €136m deal to train youth, support SMEs Sokoto invests in education to build future SME workforce Borno governor backs farmers with food relief, cash support Tinubu commissions projects to boost SMEs in Imo AfDB approves loan to boost youth jobs, skills in Equatorial Guinea It also includes the construction or rehabilitation of 22 training centres and 29 social facilities, alongside projects in renewable energy, health, and education to boost resilience and opportunities. Cameroon's Economy Minister, Alamine Ousmane Mey, said the programme would reduce inequalities and promote shared prosperity, while AfDB's Central Africa Director General, Léandre Bassolé, described it as a "catalyst for transformation" that strengthens entrepreneurship and human capital development.

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