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Public debt: The State of Cameroon raises 159 billion FCFA from local banks

19/11/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The economic note on public debt approved at the end of September 2025, published by the Autonomous Amortization Fund (CAA) mention that the State of Cameroon raised 159 billion FCFA from local banks.

The CAA executive note mentions that the Cameroon loan benefits from a guarantee from the African Export-Import Bank (Afreximbank). In accordance to the amended finance law 2025, the government has scheduled until 250 billion FCFA in local bank loans guaranteed by Afreximbank. At this point in the fiscal year, the Treasury therefore has, in theory, a residual margin of 91 billion FCFA at mobilize, unless needs are revised downwards. This operation marks the second support from Afreximbank in Cameroon in 2025. On June 30, 2025, the pan-African institution, led since June 28 2025, by the Cameroonian jurist George Elombi, had already allowed the Treasury to Raise 200 billion CFA francs on the subregional managed public securities market by the BEAC . The scheme chosen was based on a swap: conversion of euros into FCFA at from the BEAC to up to 200 billion, allowing Afreximbank to subscribe to an OTA issue of Cameroon, paid between 6.5% and 7.5%.

Mso-fareast-language:en-us; Mso-bidi-language:ar-sa">Thanks to this setup, Afreximbank became the first foreign financial institution to intervene in the public securities market from CEMAC (Cameroon, Congo, Gabon, Gabon, Gabon, Equatorial Guinea, Chad, CAR

).
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