AFG Bank Cameroon and SID agree on an Islamic financing line of 13 billion FCFA for SMEs

Author: Investir au Cameroun PublicationPublished on: September 15, 2026Country: Cameroon

Business & Economy

AFG Bank Cameroon and SID agree on an Islamic financing line of 13 billion FCFA for SMEs

AFG Bank Cameroon and the Islamic Corporation for the Development of the Private Sector (SID) signed a term sheet on June 18, 2026, for a financing line of 20 million euros, equivalent to 13.119 billion FCFA. This financing aims to support small and medium-sized enterprises in Cameroon, Gabon, and Chad. However, SID did not specify the date for fund mobilization or the terms of the facility.

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