Saturday, October 30, 2010

$425 Million to finance the 2011 Presidential Election in Cameroon?


Presidential hopefuls in Cameroon might be up for a steep climb. The government just announced it will be using a complex financial instrument to quickly make about $425 million available in cash. The funds will be made available through three local banks, Afriland First Bank, Societe Generale de Banque au Cameroun
and Citibank.
Money for Presidential bid or development? ©


Officialy, the  funds are destined for the Lom Pangar dam in the East region of the country and the Kribi thermal electricity plant in the Littoral region.
Cameroon up for grabs to the highest bidder? ©


Earlier this week, the government was taken by surprise when Ms. Kah Wallah, a popular female councilor in the country's second largest city, Douala, declared her candidacy for the presidency. We should look forward to an earlier date for the scheduled election aimed at stalling Ms Wallah's campaign before it gathers any real momentum.

5 comments:

  1. i just want to know why the medias who were suposed to be very critical about this election are the ones deliberately making some candidates unpopular by not even showing them on tv

    ReplyDelete
  2. Cameroon is a total failure. we the people are not happy at all and by so doing paul biya must go. just look at what happened today in the economic capita Douala on the Bonaberi bridge, where some forces of the BIR were shot dead by some asailance. this is a warning to the rulling minarch. he should think of leaving power or what is going on in Lybia starts in Cameroon

    ReplyDelete
  3. We should be ashame to be Cameroonian,We have leave ourselve oppress by one man.Our beautiful Country is not anymore a democratic country,We can run for an election where the president of the nation does not have any term in the office.
    We really please the army do take over the power,and build a good constitution and organise an free and fair election.Our General, our colonel, our Captain wake up and safe our country, the Power is in your hand, we will support any coup to get rid of President Paul Biya.

    ReplyDelete
  4. We should be ashame to be Cameroonian,We have leave ourselve oppress by one man.Our beautiful Country is not anymore a democratic country,We can run for an election where the president of the nation does not have any term in the office.
    We really please the army do take over the power,and build a good constitution and organise an free and fair election.Our General, our colonel, our Captain wake up and safe our country, the Power is in your hand, we will support any coup to get rid of President Paul Biya.

    ReplyDelete
  5. We should be ashame to be Cameroonian,We have leave ourselve oppress by one man.Our beautiful Country is not anymore a democratic country,We can run for an election where the president of the nation does not have any term in the office.
    We really please the army do take over the power,and build a good constitution and organise an free and fair election.Our General, our colonel, our Captain wake up and safe our country, the Power is in your hand, we will support any coup to get rid of President Paul Biya.

    ReplyDelete

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