Assurance was given on December 23, 2022 by the outgoing Director of Operations of the World Bank in Cameroon, Abdoulaye Seck during the signing of a financing agreement of nearly 62 billion CFA francs with the Minister of Economy, Planning and Regional Development, Alamine Ousmane Mey.
Under implementation since 2021, the Project for Accelerating Digital Transformation in Cameroon (Patnuc) has just reached a new stage. This is the signing of a loan agreement worth 100 million dollars or 61.730 billion CFA francs. The agreement was initialed on December 23, 2022 in Yaounde between the outgoing Director of Operations of the World Bank in Cameroon, Abdoulaye Seck and the Cameroonian Minister of Economy and Land Management (Minepat) Alamine Ousmane Mey.
According to the emissary of this institution of Bretton Woods in Cameroon, the Patnuc aims mainly by 2027, a reduction of about 30% of the retail price of mobile internet in Cameroon, internet coverage of 70% and a rate of internet penetration of 25% in targeted areas but not yet served.
Designed to increase digital inclusion and the use of digital agricultural solutions, Patnuc is counting on a number of initiatives to achieve the expected objectives over the next five years. These include the introduction of an e-grants programme for 35,000 small-scale farmers, the implementation of a database that will facilitate innovation and the application of digital solutions in rural development, particularly in the agro-pastoral sector.