The Bamenda City Council has obtained a loan from FEICOM (Special Council Support Fund for Mutual Assistance) not only to rebuild the market but also to create new infrastructure.
For the mayor of Bamenda, Acobong Tambeng, it is a success. His office has just signed a financing agreement with Feicom worth 6 billion CFA francs. The money will be used to rebuild the market, which went up in flames last February. But it will also be used to create a modern market with new infrastructure.
Speaking at the National station, the Mayor said, “It is more than just a reconstruction, it is a two-storey complex with improved access from all sides, its own water borehole and a modern electrical system.”
The council plans to build a modern, safe market, with shops spaced out to make it easier for firefighters to access the site in the event of a fire. The last fire highlighted the urgent need for improvements, exacerbated by the market’s interconnected aluminium roof and cramped conditions. The new market has been designed with a strong emphasis on safety and functionality, addressing these concerns head on.