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Finance: Cobac Authorizes CBC to Deploy Wave to Cameroon

Summary by Journal Du Cameroun
Commercial Bank Cameroon (CBC) is authorized to provide Wave services in Cameroon in partnership with Wave Tranfer S.A. A decision of the Central African Banking Commission (Cobac) authorizes CBC to provide Wave services in Cameroon.
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Wave Cameroon – It is now official. Wave, the well-known American fintech in West Africa, settles in Cameroon. The announcement was made public in Libreville on 11 June 2025. The document bears the signature of President Yvon Sana Bangui. American fintech Wave has obtained, with Commercial Bank Cameroon (CBC), the formal authorization of the Central African Banking Commission (COBAC) to offer a range of digital payment services. An agreement tha…

Commercial Bank Cameroon (CBC) is authorized to provide Wave services in Cameroon in partnership with Wave Tranfer S.A. A decision of the Central African Banking Commission (Cobac) authorizes CBC to provide Wave services in Cameroon.

·Cameroon
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Journal du Cameroun broke the news in Cameroon on Thursday, June 12, 2025.
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