(Business in Cameroon) - Official sources revealed that Gabon has chosen Attijari Securities Central Africa (ASCA) among a pool of Underwriter syndicates to place its CFA100 billion loan with 5 years maturity period. This loan will be subjected to a 6.5% interest rate.

ASCA, a financial assets management service established in February 2016 in Cameroon by the Moroccan group Attijariwafa, along with financial institution such as BGFI Bank, BGFI Bourse, UBA Gabon, UGB, and BICIG, will help the Gabonese government raise the money it needs.

Subscriptions to this Initial Public Offering initiated by Gabon on the financial market of Central Africa (Bourse des valeurs mobilières de l'Afrique centrale- BVMAC), based in Libreville, have started on November 17, 2017, and will last till November 30.

BRM