The Regional Council of the Supreme Audit Institutions of French- Speaking Sub-Saharan Africa (CREFIAF) and the World Bank have signed a Memorandum of Understanding, to have the World Bank provide grant to the association.
The grant worth 500 thousand dollars is intended to enhance the institution's capacity to carry out financial auditing in extractive industries.
The MOU was signed this Tuesday 28th March 2017 in Yaounde between the Minister Delegate at the Presidency in charge of the Supreme State Audit, Rose Mbah Acha Fomundam and the Country's Director of the World Bank Elizabeth Huybens.
The memorandum of Understanding will cover a period of 3 years
The Regional Council of the Supreme Audit Institutions of French- Speaking Sub-Saharan Africa (CREFIAF) was established in Cameroon in 1997 with its headquarters in Yaounde.
Its executive body is chaired by Cameroon's Minister Delegate at the Presidency in charge of the Supreme State Audit Rose Mbah Acha Fomundam.
CRTV