Babadjou-Bamenda Road: CDEC Says It Has Recovered CFAF 4.2 Billion in BOFAS Case

Cameroon’s Caisse des dépôts et consignations (CDEC) says it has recovered CFAF 4.2 billion in bank guarantees tied to the Babadjou-Bamenda road rehabilitation contract awarded to BOFAS Sarl. The institution announced the recovery in Yaoundé on October 30, 2026, after months of dispute with Afriland First Bank, which had issued the guarantees. BGFIBank Cameroon contributed by transferring assets belonging to Afriland First Bank to the CDEC, though the amount was not disclosed. The proceedings included payment orders sent to BGFIBank Cameroon and Orange Money Cameroon on February 26, 2026.