BOLDEN African News · Wednesday 4 November 2026
Cameroon opens applications for CFA275,000 grants to 20,000 young informal workers
In a statement signed on 4 November 2026, Economy Minister Alamine Ousmane Mey announced applications for the second phase of the Youth Economic Inclusion Programme, worth more than CFA5.5 billion. Each of 20,000 self-employed people aged 18 to 35 in eight cities, including Douala and Yaoundé, can receive a non-repayable grant of CFA275,000, with training and coaching. Online applications run from 9 November to 9 December 2026; the World Bank backs the programme.
Why it matters
It is one of the larger direct support schemes for informal businesses in Central Africa.
Source: Business in Cameroon · 5 November 2026