Yaoundé - 04 August 2020 -

Cameroon repaid XAF309 bln of debt in local and sub-regional Capital markets in 2019

Cameroon repaid XAF309 bln of debt in local and sub-regional Capital markets in 2019
  • Comments   -   Tuesday, 04 February 2020 18:39

(Business in Cameroon) - Last year, Cameroon dedicated XAF309 billion to the repayment of debts contracted on the local and sub-regional capital markets (BEAC’s securities market and the Central African Stock Exchange). The information was provided by the Secretary-General of the Ministry of Finance (Minfi) Gilbert Didier Edoa (photo) during the annual conference of the Ministry of Finance held on January 30-31.

On December 26, 2019, the Cameroonian Public Treasury released XAF39.5 billion, to be paid to subscribers of the 2014-2019 bond issued by Cameroon to raise XAF150 billion. It was the last tranche that marked the successful repayment of all of the subscribers of the “ECMR 5.5% net 2014-2019.

This means that Cameroon paid XAF269.5 billion to its other financial partners in the region during the period under review if we deduce the XAF39.5 billion from the total amount stated by DGilbert Didier Edoa. These debts, we can guess, were contracted on the BEAC government securities market, on which the Cameroonian government has been raising between XAF10, 20 and even 50 billion every week since 2011.

These repayments have gone to local banks, from which the Cameroonian Treasury borrows every year. According to the 2018 activity report of the Bank of Central African States (BEAC), banks operating in the CEMAC region are sometimes more favourable to financing states than private companies.


Since late July 2020, the average coca prices per kilogram in production areas in Cameroon has dropped below XAF1,000. According to système d’information...
From January 1 to May 31, 2020, Cameroon shipped seven loads of liquefied natural gas, according to the National Hydrocarbons Corporation (SNH)....
On July 23, the Korean embassy in Cameroon reacted to the information provided by the Ministry of Economy, and relayed by Business in Cameroon on July 17,...
The Minister of Finance has once again extended the deadline for individuals and companies to get a Taxpayer Identification Number (TIN). This deadline...

Mags frontpage

Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon

Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”

Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns

Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »