Yaoundé - 07 August 2020 -

Investisseurs et Partenaires (I&P) announces interest-free loan programme to support SMEs in Cameroon

Investisseurs et Partenaires (I&P) announces interest-free loan programme to support SMEs in Cameroon
  • Comments   -   Wednesday, 08 July 2020 12:02

(Business in Cameroon) - Investisseurs et Partenaires (I&P), an investment fund dedicated to SMEs based in Africa -chaired by Jean-Michel Severino (photo)- and Somtou Cameroun (a company specializing in the digital transformation of SMEs) announce the launch of a programme to support SMEs in the country.

“This programme consists of providing a repayable advance (interest-free loan) to SMEs so they can develop a new activity, or carry out their organizational and digital transformation, etc…,” an official release informs.

Depending on needs and projects, the amount of the loan to be allocated to SMEs varies between CFAF 20 and 40 million, we learn, "with a maximum allocation of 30% for the transformation of the company, the rest of the funds being allocated to the working capital needs of the SME and/or the acquisition of new equipment."

According to the two program partners, "at the end of the seed period (1 year), the SME can choose to repay the advance over 2 years without interest, or convert the loan into shares in its capital."


On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...
“Ibom Air currently deploys a fleet of five 90-seat Bombardier CRJ900 regional jets,” an article published on Forbes on August 4, informed. According to...

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 »