logoBC
Yaoundé - 02 December 2022 -
Economy

Gabon, Congo and Cameroon captured 74% of borrowings on the Beac securities market at the end of August 2022

Gabon, Congo and Cameroon captured 74% of borrowings on the Beac securities market at the end of August 2022
  • Comments   -   Thursday, 15 September 2022 13:12

(Business in Cameroon) - The Securities Settlement and Custody Unit (CRCT) of Beac reported that as of August 31, 2022, borrowings on the public securities market reached CFA5,042.55 billion, 73.9% of which was absorbed by Cameroon, Gabon, and Congo.

Gabon comes first with an outstanding amount of CFA1,321.6 billion or 26.2% of the total. Congo captures CFA1,291 billion, or 25.6% of the total market outstanding while Cameroon closes the top 3 with CFA1,112.6 billion (22.1%). Moreover, Paul Biya’s country is currently preparing to raise an additional CFA100 billion on the market between September and October 2022.

CRCT indicated that Chad, Equatorial Guinea, and CAR are the minor players in this market, with 12.8%, 12%, and 1.3% of the total outstanding respectively.     

BRM

cameroon-coffee-production-bounced-back-after-bad-2020-21-season
Cameroon coffee producers tripled their volumes to a total of 38,047 tons, including 6,386 tons of Arabica ad 31,661 tons of Robusta, during the 2021-22...
cemac-agricultural-export-prices-fell-4-9-in-q3-2022
The prices of agricultural products exported by Cemac countries dropped 4.9% between July and September 2022. Over the previous quarter, the decline was...
the-cameroon-local-materials-promotion-authority-inaugurates-its-headquarters-built-with-local-materials
The Cameroon Local Materials Promotion Authority (Mipromalo) inaugurated last November 29 its headquarters in Yaoundé. The ceremony was presided over by...
social-security-cameroon-plans-to-set-up-a-national-fund-for-public-servants
The Cameroonian government is mulling over creating a national fund for state employees. The information was reported by Prime Minister Joseph Dion Ngute...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »