Yaoundé - 26 June 2022 -

Bond issue 2022: Cameroon seeks to attract Gabonese and Congolese investors

Bond issue 2022: Cameroon seeks to attract Gabonese and Congolese investors
  • Comments   -   Monday, 16 May 2022 17:30

(Business in Cameroon) - The Cameroonian Minister of Finance, Louis Paul Motazé (pictured), launched today the roadshow for Cameroon’s 6th bond issue. The Treasury seeks to raise CFA200 billion on the unified financial market of Central Africa (Bvmac) for infrastructure projects.

The roadshow will be conducted in Cameroon, Gabon, and Congo. The delegation will first stop in Libreville, the Gabonese capital, today May 16. Douala will follow tomorrow May 17 and Brazzaville, the Congolese capital, on May 18. The roadshow ends on May 23, 2022, in Yaoundé.

Cameroon, which used to offer interest rates below 6% on the local financial market, is now offering 6.25% per annum, for a maturity of 7 years (including a 2-year grace period), also longer than the usual 5 years. The four arrangers, who will lead the bond issue have already guaranteed CFA180.5 billion as underwriting. They have also fostered a large underwriting syndicate, which is composed of 27 banks and other brokerage firms operating in the Cemac zone. Raising the remaining CFA19.5 billion or more should not be that hard for the syndicate. This will enable Cameroon to secure more funding, by requesting an over-allocation of additional resources from the regulator Cosumaf.


For about a year now, Afriland First Bank CD - 95.6% owned by Afriland First Group- is ripped apart by internal conflicts. The bank’s majority shareholder...
The Port Authority of Douala (PAD) announced it has started works to renovate its container terminal. The project is expected to improve the fluidity and...
Revenue from the Mobile Money tax in Cameroon stood at CFA7.3 billion between February and May this year, according to data published by the Directorate...
The Islamic Development Bank (IsDB) has an active portfolio of $1.1 billion (about CFA683 billion with current value) in Cameroon. The information...

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 »