Cameroon – Afriland First Bank doubles its capital to 110 billion CFA francs

Author: Paul MoutilaPublished on: November 7, 2026Country: Cameroon

Business & Economy

Cameroon – Afriland First Bank doubles its capital to 110 billion CFA francs

On November 6, Afriland First Bank’s board and management announced a 60 billion CFA franc increase in its share capital, from 50 billion to 110 billion. Approved by the Central African Banking Commission (Cobac), the operation was carried out by capitalizing reserves, with no external funding or market offering. The bank converted part of its accumulated profits into share capital, strengthening its equity.

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