(Business in Cameroon) - The Bank of Central African States (BEAC) has just awarded Africa Corporation (AFCORP) the contract to build its agency in Ebolowa, the regional capital of southern Cameroon, according to an official statement.

AFCORP is one of the three subsidiaries of the Chadian construction group Société nouvelle d'études et des réalisations (SNER), which is already active on the construction sites of some structures as part of the Emergency Flood Control Project (PULCI) in the Far North region of Cameroon.

The Chadian group has thus secured the contract at the expense of local companies, one of which sent a letter to the President of the Republic denouncing the award of this contract to a Chadian company, accusing BEAC Governor Abbas Mahamat Tolli (photo) of having favored a compatriot who had not submitted the best offer.

Charges are denied by the Central Bank of CEMAC States, which claims that the process of awarding this contract strictly respected regulatory procedures.

BRM