On December 23, 2024, the Board of Directors of the Development Bank of Central African States (Bdeac) approved a program to mobilize 200 billion CFA francs on the securities market of the Bank of Central African States (BEAC).

The sum that will be mobilized is planned for the period 2025-2027 and will be used to finance the projects included in Bdeac's Azobé Strategic Plan. These fundraising will be carried out through the issuance of negotiable debt securities (TCN). The BEAC is the central bank of the six countries of the Central African Economic and Monetary Community (CEMAC): Cameroon, Congo, Gabon, Equatorial Guinea, Equatorial Guinea, Chad and the

Indeed, unlike comparable Treasury bonds and bonds, issued exclusively by governments to raise short, medium and long-term funds on the BEAC market, negotiable debt instruments (TCN) offer greater flexibility. They can be issued not only by states, but also by businesses and other institutions seeking funding.