Yaoundé - 25 November 2020 -

Cameroon to raise XAF45 bln on the public securities market to fight the coronavirus pandemic

Cameroon to raise XAF45 bln on the public securities market to fight the coronavirus pandemic
  • Comments   -   Friday, 27 March 2020 14:55

(Business in Cameroon) - On April 8, 2020, Cameroon will launch the first bond of a series of three on the BEAC money market. According to internal sources at the Ministry of Finance, the three issuances are aimed at raising XAF220 billion for various projects.

Sources close to the case indicate that XAF45 billion of the funds raised will be used to boost the health system because of the coronavirus pandemic.

Meanwhile, XAF63.2 billion will be devoted to development projects and road construction, XAF38.3 billion for projects in the water and energy sectors and XAF73.5 billion for sporting facilities.  


“The State of Tax Justice 2020: Tax Justice in the time of COVID-19. ” This is the title of a report recently published by three NGOs (the Global Alliance...
On November 19, 2020, in Yaoundé, the Minister of SMEs, Social Economy, and Handicrafts (Minpmeesa), Achille Bassilékin III, chaired a workshop aimed at...
In a statement issued on November 24, 2020, the Italian company Piccini (withdrawn from the construction of the Olembé stadium) opposed the auctioning of...
On November 23, 2020, in Yaoundé, (at the opening of the 23rd, 24th, and 25th ordinary sessions of the Inter-ministerial Committee for the Assignment of...

Mags frontpage

Business in Cameroon n93: November 2020

Cashew, Cameroon’s new source of revenues

Covid 19 : “Making the team’s health a priority”

Investir au Cameroun n103 Novembre 2020

L’anacarde, la nouvelle source de recettes du Cameroun

Covid 19 : « La santé des équipes avant tout »