Preservation forests, endangered ecosystems: Cameroon among nations to benefit African Dev´t Fund grants.

African Dev’t Fund takes interest in sponsoring forest conservation projects

Cameroon is among 13 African countries selected by the African Development Bank, AfDB, to benefit from grants provided by the African Development Fund to support countries that are investing significantly in the preservation forests and endangered ecosystems.



African Development Fund said it is increasing its financial support to the tune of 4.3 million United States Dollars, USD; which is about 26 billion FCFA, to help better integrate natural capital into decision-making in the thirteen African countries.

The beneficiary countries include Cameroon, Burundi, the Central African Republic, the Democratic Republic of the Congo, Ghana, Côte d’Ivoire, Kenya, Mozambique, Rwanda, Tanzania, Togo, Zambia, and Zimbabwe.

In a press statement issued on August 4, the AfDB management explained that the Board of Directors of the African Development Fund, the concessional window of the AfDB Group, has approved a grant of 4.23 million USD, to implement the second phase of a project to integrate natural capital into development financing in Africa.

With in-kind contributions from partner institutions such as the World Wildlife Fund, WWF, the German Public Agency for International Cooperation on Sustainable Development, GIZ, the African Union Development Agency—New Partnership for Africa’s Development, the Economic Commission for Africa and the United Nations Environment Programme.

The project aims to foster an environment conducive to better utilization of natural capital and its integration into political and financial decision-making processes. The various participating countries will also play a part in contributions to the project.

The communique announced that the project is scheduled for implementation between October 2026 and September 2029 and is expected to generate outputs in the areas of policy, statistics, institutions, and knowledge that will contribute to better integration of natural capital into development planning.

The strategy aims to strengthen policy-making systems, statistical systems, institutional frameworks, and knowledge-generation mechanisms needed by the regional member countries participating in the project and the African Development Bank Group to assess natural capital and incorporate it into public policy-making.

The project will achieve this through an integrated set of measures, including policy support, technical assistance, assessments of statistical readiness, biodiversity financing tools, pilot projects to assess green wealth, capacity building, and peer learning.

“This project is intended to contribute to development that is resilient to the effects of climate change, nature-friendly, and inclusive, by enabling African countries to better identify, measure, and manage their natural wealth, while strengthening the evidence base that informs development financing, dialogue on sovereign policies, and the mobilization of green investments,” said Innocent Onah, Chief Natural Resources Officer at the African Development Bank Group.

He added: “In the long term, this could lead to tangible improvements in the development of the target countries in terms of Gross Domestic Product, GDP growth, increased foreign direct investment inflows, economic development, poverty reduction, improved employment, economic competitiveness, and financial and economic risk ratings”. 

 

This article was first published in The Guardian Post Edition No:3874 of Monday August 10, 2026

 

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