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Investment in Cameroon: FEICOM intends to mobilize more than 294 billion FCFA in 2025

31/01/2025
Source : ORISHAS FINANCE
Categories: Companies

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Pour l' année 2025, le Special Fund for Equipment and Intercommunal Intervention (Feicom) expects to mobilize resources in the order of 294.1 billion FCFA.

Resource mobilization in 2024 was 197.6 billion CFA francs. According to the director general of Feicom, Philippe Camille Akoa, Feicom's confidence in doubling the volume of financial resources mobilized is based on “the basis for optimizing and securing resources, the diversification of sources of financing and the rationalization of deadlines for transferring funds

to municipalities and urban communities”.

Also, the Fonds is counting on the new law on local taxation. This law establishes new levies and taxes, such as the extension of the collection of additional communal centines to other taxes. This would allow Feicom to pay just over 30 billion CFA francs to FEICOM for the benefit

of decentralized authorities.
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