Cameroon to Borrow as Much as $348m to Bolster Finances

Cameroon to borrow as much as $348m to bolster finances

Syndicated loans are the most likely option, given urgency of situation, finance ministry official says

Biya regime to borrow as much as $348m to bolster finances – Cameroon Intelligence Report

Cameroon’s finance minister has been authorised to raise up to 200 billion CFA francs ($348 million) from international financial markets to shore up government cash flows for fiscal year 2025, according to a presidential decree. Kelly Mua Kingsly, Head of Finance Operations of the State at Cameroon’s Ministry of Finance, told Reuters on Wednesday that the government would consider using several market instruments, but most likely syndicated loa…

Biya regime to borrow as much as $348m to bolster finances – Cameroon Concord News

Cameroon’s finance minister has been authorised to raise up to 200 billion CFA francs ($348 million) from international financial markets to shore up government cash flows for fiscal year 2025, according to a presidential decree. Kelly Mua Kingsly, Head of Finance Operations of the State at Cameroon’s Ministry of Finance, told Reuters on Wednesday that the government would consider using several market instruments, but most likely syndicated loa…

The African Development Bank (ADB) has approved a new loan in Cameroon to strengthen employability and entrepreneurship in the Far North region. The Board of Directors of the African Development Bank Group approved on Tuesday, 20 May 2025, in Abidjan, a €136 million loan (89 210 152 000 CFAF) in Cameroon to implement the Project Building Capacity and Skills for Employability and Entrepreneurship in the Far North Region (CAP2E).

Cameroon OKs $347M loan to ease treasury flow

Cameroon’s government has authorised its finance minister to secure up to 200 billion CFA francs ($348 million) from international markets for fiscal year 2025, a presidential decree revealed. Kelly Mua Kingsly, Head of Finance Operations at the Ministry of Finance, told Reuters the government plans to focus mainly on syndicated loans. He explained that syndicated loans offer a swift solution with flexible drawdown options, fitting the urgent li…