Among these are “the Debt Recovery Fund, Assinco SA, Bati Sarl, the Professional Insurance Company of Cameroon, but also Commercial Bank of Cameroon, Banque Atlantique du Cameroun, Financia Capital, Union Bank of Cameroon , and finally, City Bank Cameroon and Societe Generale Cameroon ”, we learned.

Speaking to reporters at the end of the meeting with the Head of Government, the Duval Group boss reiterated, “We have planned investments in Yaoundé and Douala. These operations are due to start in the next few months, ”the businessman said. And to add: "We also plan to develop in microfinance and insurance."

“For us, the main thing is first to preserve the jobs of SMEs. Then they must come so that we can find together the conditions for relaunching their activities, ”said Abakal Mahamat, Managing Director of BGFI Bank Cameroon after signing a memorandum of understanding with the Minister of Finance (MINFI). September 1, 2020.

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad). The monetary institution still indicates that the country’s debt will be trending down. It is projected...

The actions still to be carried out for the finalization of the second phase of the merger of the financial markets of the Economic and Monetary Community of Central Africa (Cémac), essentially relate to two axes, namely: the deepening of the market for Treasury securities and the operationalization of the structures of the unified financial...

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities in the said zone, the viability of new market structures (regulator, stock exchange and single central depository) so that they can better support its development,...

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural Economist based in Turkey and Uganda and more recently as Resident Representative for the Comoros. He has over 25 years of development experience, starting with...

After signing this convention, the Minister of the Economy, Development Planning and International Cooperation, Dr Issa Doubragne reminded the audience that this tool will allow information on foreign aid to be mastered; an update of all existing modules by both partners and final beneficiaries; direct access to the tool to project managers and partner focal...

According to Hermman Rodney Gouellet, the controls and services department, for example, has many challenges to overcome, the first being to have competent staff so that this department can support the actions of the CEO. "As part of the ongoing reforms, this service will be crucial because it will set the pace internally. He will...