Yaoundé - 20 February 2020 -
Public management

Cameroon to mobilize XAF50-100bln on the Beac securities market

Cameroon to mobilize XAF50-100bln on the Beac securities market
  • Comments   -   Thursday, 06 June 2019 16:33

(Business in Cameroon) - On 5 June 2019, the Cameroonian government issued 5-year fungible treasury bonds (OTAs) to mobilize between XAF50 and 100 billion on the securities market of the Beac, with an interest rate of 5.6%.

This fundraising operation is part of a series of three, launched on 15 May 2019, to mobilize a total of XAF150 billion on the market. According to an information note issued by the Ministry of Finance, these funds will be used to carry out certain infrastructure projects in the country. The most important of these projects is the construction of the Yaoundé-Nsimalen motorway, which will cost XAF25 billion.


Société Anonyme des Brasseries du Cameroun (SABC), a subsidiary of the French group Castel, indicates it recorded a consolidated net profit of about XAF16...
This year, there could be a shortage of the loincloth produced for the International Women's Day of March 8. Indeed, in an interview published on February...
Banque Atlantique Cameroun (BACM) informs that it achieved a provisional net result of XAF7.1 billion during the 2019 financial year, representing a 17%...
The former deputy managing director of the Higher Institute for Public Management (ISMP in French) is recognized in Cameroon as one of the leading experts...

Mags frontpage

Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line

Interview: «Shifting from bureaucratic management to efficient public management»

Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille

Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »