Economic and social development in fragile secondary cities - Phase II (PRODESV II)

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The FC module represents FC parallel financing for the Economic and Social Development in Fragile Secondary Cities (PRODESV) project, which KfW has been implementing on behalf of the European Union since December 1, 2018. The FC program PRODESV II primarily affects Cameroonian cities that have taken in large numbers of internally displaced persons who have been displaced by the conflicts in the Anglophone West. The cities affected are characterized by problems and a lack of resources in dealing with the crisis that has arisen and by the risk of increasing social conflicts between locals and internally displaced persons. The program is also aimed at young people in order to prevent their radicalization and their tendency to migrate to other countries or regions. PRODESV II supports eight selected secondary cities in the West and Littoral regions by building public infrastructure that will serve both to improve basic municipal services and to create employment opportunities. The FC project will have a structural impact on the supported city administrations - including improved crisis resilience - and, on the other hand, job and income-creating effects. The approach is inclusive (locals and migrants) and conflict-preventive. The total cost of the project is EUR 12.64 million. Of the total costs, EUR 9.78 million will be spent on financing PRODESV II (in the narrow sense), EUR 2.16 million on increasing the medium-sized cities program and EUR 0.7 million on the costs of the sponsor. Within the framework of PRODESV II, around EUR 6.88 million is earmarked for investment measures. The total costs will be financed by an FC grant of EUR 8.6 million (of which EUR 7.0 million for PRODESV II in the narrow sense and EUR 1.6 million for increasing the medium-sized cities program). The Cameroonian state's own contribution - in particular to cover taxes - amounts to EUR 3.01 million, that of the participating municipalities EUR 0.33 million and that of FEICOM EUR 0.7 million.