Cameroon has reduced its target for the bond issue it is preparing on the Central African stock exchange BVMAC this year. According to sources close to the matter, the country reduced the target from CFAF200 billion to 100 billion. Among other reasons, the country is struggling to obtain an attractive underwriting contract from the five arrangers of the operation, namely Financia Capital and the brokerage firms Afriland Bourse & Investissement, Attijari Securities Central Africa, Société Générale Capital Securities Central Africa, and Upline Securities Central Africa.
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24 July 2024
Cameroon lowers target amid tough negotiations with Bond arrangers
Cameroon has reduced its target for the bond issue it is preparing on the Central African stock exchange BVMAC this…
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24 July 2024
Published on 16h12
The General Certificate of Education results for the 2023-2024 school year were released…