(Business in Cameroon) - The Cameroonian capital, Yaoundé, is hosting as of today September 17, a two-day workshop on identifying ways to develop the financial and capital markets in Central Africa. The event is jointly organized by the Bank of Central African States (Beac), Euroclear, White & Case, and the International Finance Corporation (IFC).
During this event requested by regional financial institutions, participants will “assess the situation of financial and capital markets within the region, identify concrete solutions to settle challenges following the example of countries that have successfully developed their capital markets, develop strategies that will help increase the volume and quality of bond issues in the region, and discuss the participatory framework for international investors and development financial institutions”.
The workshop which will bring together national and international capital market experts, will also focus on innovative financial products that can help mobilize institutional savings (insurance companies, banks, pension funds, etc.) to finance long-term investments (housing or infrastructure) and the private sector.
BRM