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Yaoundé - 22 October 2018 -
Finance

Crédit du Sahel and BMN sign a funding agreement to improve companies in Cameroon

Crédit du Sahel and BMN sign a funding agreement to improve companies in Cameroon
  • Comments   -   Friday, 08 June 2018 16:12

(Business in Cameroon) - The national Bureau national de mise à niveau des entreprises (BMN) which helps Cameroon’s companies improve their competitivity has just signed funding convention with Crédit du Sahel, leader of the microfinance market in the North. Via this convention, the institution wants to improve and facilitate access to funding for the companies under its mentorship.

According to Chantal Elombat, head of BMN, this convention was spurred by the acute need for funds to carry out the plan they elaborate after they have assessed those companies.

Let’s remind that Crédit du Sahel is the third partner BMN has signed funding agreements with for their activities. The two others are the African Leasing Company (ALC), recently absorbed by Afriland First Bank, and the Fonds africain de garantie et de coopération économique (Fagace).

BRM

Mags frontpage


Business in Cameroon n68: October 2018

African expansion of Cameroonian companies

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Investir au Cameroun n78: October 2018

L’expansion africaine des entreprises camerounaises

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