Cameroon • State Poised to Borrow €381m to Refinance Ex-Société Générale Acquisition
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Four months after acquiring Société générale Cameroon, now known as General Bank of Cameroon (GBC), the government is about to raise [...]
Cameroon • State poised to borrow €381m to refinance ex-Société Générale acquisition
Yaoundé hopes to raise 250bn CFA francs, or €381m, from local banks by mid-October. The transaction, arranged by Ecobank, is intended to refinance the state's purchase of Société Générale Cameroun,
According to monthly statistics published by the Banque des Etats de l'Afrique Centrale (BEAC), Cameroon's stock of public securities stood at CFAF 2,061.3 billion as at 31 July 2026, or about USD 3.65 billion. This amount represents an increase of 4.1 per cent year-on-year. Cameroon thus remains at the third...
At the end of June 2026, Cameroon's public debt stood at CFAF 15,607 billion, according to data published by the Caisse autonome d'amortisation (CAA). A figure that already gives rise to vertigo but that does not yet reflect all the financial commitments of the Cameroonian public sector. SOCADEL's debt, a gulf still not... The post Cameroon: CFAF 15,607 billion public debt at the end of June first appeared on THE FOURTH POWER.
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