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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Government of Cameroon and the British Bank
Standard Chartered Bank London plans to sign two loan agreements worth an amount
total of 51.7 billion FCFA. This loan is intended for the construction of two
rubber processing and palm oil production plants for profit
from the CDC.
The two loan agreements respectively of 47
billion FCFA and 4.7 billion FCFA, are intended for the construction of two
rubber processing and palm oil production plants for profit
from the Cameroon Development Corporation (CDC),
public agro-industrial unit that operates banana plantations,
rubber trees and oil palm trees in the South-West and Coastal regions.
The bank loan being finalized,
comes in a context of recovery of this public company, marked
in particular by settling its social debt. On September 17, 2025, at the
in favor of an agreement between the State of Cameroon and a local banking pool, the
The government settled 15.7 billion FCFA in wage arrears due to
employees of the CDC, on a global debt estimated at 35.7 billion FCFA
accumulated between 2018 and 2022.
A first installment of 20 billion FCFA had already been paid in June 2024, according to the Minister of Finances, Louis Paul Motazé. In the wake, 24.1 billion FCFA in arrears of social security contributions have been paid off, while the CDC tax debt, estimated at 31.8 billion CFA francs, was taken over by the State and then incorporated into the capital of the company. The financial part of the recovery is now complete, the sole shareholder focuses its efforts on capacity building industrial through the two new factories in gestation.
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