By the AFREEQUE newsroom, based on EcoMatin
The Bank of Central African States (BEAC) is preparing an overhaul of its foreign exchange reserves management system, which exceeds 7,000 billion CFA francs, to modernise its financial operations, strengthen risk controls and improve monitoring of its investments. The operation concerns the six CEMAC countries, according to EcoMatin.
Cameroonian bank Afriland First Bank has increased its share capital from CFA 50 billion to CFA 110 billion, a 120% rise, through the incorporation of reserves after approval by the Central African Banking Commission (COBAC). The operation, announced on 6 November 2026, aims to strengthen the bank's equity and support its development, according to Financial Afrik.
🇨🇲 Cameroon · Source: Financial Afrik ·
Cameroon is considering a new eurobond at the beginning of 2027 to finance its budget, after a first $750 million issue in January 2026. The next operation could reach 1,400 billion CFA francs, while investors remain cautious about borrowing conditions and budget prospects, according to Jeune Afrique.
🇨🇲 Cameroon · Source: Jeune Afrique ·
The World Bank is preparing around $760 million in additional funding to strengthen its support for Niger, after a meeting with Prime Minister Ali Mahamane Lamine Zeine. The package would come on top of around $4 billion already committed in the country, according to Journal du Niger.
🇳🇪 Niger · Source: Journal du Niger ·
Cameroon’s Supreme Court reinstates the blocking of 140 billion CFA francs linked to the dispute between MTN, Chococam and Baba Ahmadou Danpullo. The decision provides for a penalty of 50 million CFA francs per day and comes four years after the first seizures, according to EcoMatin.
🇨🇲 Cameroon · Source: EcoMatin ·
Socadel cancels CFA36.7 billion tender for four power plantsCameroonian electricity company SOCADEL has cancelled a CFA36.7 billion tender for the supply of heavy fuel oil to the Limbé, Dibamba, Oyomabang and Logbaba power plants. The notice signed on 9 November cites the need to review fuel reception and storage conditions, according to its director general Oumarou Hamandjoda.
Chad and DR Congo employment agencies pool their expertiseFanon Beya, director general of the DR Congo’s National Employment Office, and Nassouradine Abakar Kessou, director of Chad’s National Office for Employment Promotion, met on November 13, 2026 in N’Djamena. The two public agencies want to strengthen cooperation, particularly on regulating private recruitment agencies, according to Alwihda Info.The week in Africa
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