Bdeac 2024 bond issue: more than 500 securities traded upon listing on the stock exchange In detail, 275 bonds of tranche B were exchanged for 10,000 CFA francs or an amount of 2.8 million CFA francs. And 250 bonds of tranche C, for a total of 2.5 million CFA francs including coupons. The Central African…

Financial Asset Management receives the green light from the regulator to launch the first 2 OPCIs in the Cemac zone A pioneer in real estate asset management in CEMAC, Cameroonian Willy Delort Heubo is launching his inaugural OPCIs targeting qualified investors and institutional legal entities. The real estate asset manager will then invest in premium…

Cemac: Beac oxygenates the banks again after more than 1 year of famine At the beginning of June 2024, the central bank resumed its liquidity injections into the banking system, operations suspended since February 2023. Highly popular and showing increasing volumes since their resumption, these measures encourage financing of the economy, which occurs in a…

Banking sector: while selling off his activities in Africa Cameroonian Georges Wega leaves Société Générale The only sub-Saharan African on the French group’s management committee, the Cameroonian banker will be leaving his position as Deputy Director of international banking networks for the Africa, Mediterranean Basin and Overseas (Afmo) region at the end of this month….

Banking sector: in full sale, Standard Chartered Bank implicated in an illegal employment scandal in Cameroon Nearly 50% of employees of the Cameroonian subsidiary of the elite bank are in a situation of job insecurity. A serious phenomenon that tarnishes the reputation of the British group operating in this country since 1986. Revelations. The banking…