Standard Chartered arranges €198.3 million ECA-backed financing for Cameroon road rehabilitation, a key economic corridor

Standard Chartered has arranged a €198.3 million Export Credit Agency (ECA) backed financing, supported by UK Export Finance (UKEF), to fund the rehabilitation of the 162-kilometre Kribi–Ebolowa road in Cameroon.
The project aims to upgrade the road from dirt to asphalt, improving safety, reducing transport costs, and enhancing regional connectivity and trade.
The financing package includes a UKEF-guaranteed facility of €198.3 million alongside an €11.9 million commercial loan, with Standard Chartered acting as ECA Coordinator, Structuring Bank, Sole Bookrunner, and Mandated Lead Arranger.
The road links the port city of Kribi to Ebolowa via Akom II, forming a key economic corridor that currently constrains mobility and trade development.
The project is executed by Italian construction firm ICM Group, with significant input sourced from UK exporters, supported by UKEF to enhance the financing structure and promote UK export wins.
The rehabilitation is expected to strengthen Cameroon’s South Region, improve road safety, and support regional integration with Trans-African Highway networks connecting Cameroon to Chad and Equatorial Guinea.