Renaprov: BVMAC conditionally approves its listing after raising just 13% of its target

The Central African Securities Exchange (BVMAC) conditionally approved Renaprov Finance SA’s listing on its E-PME segment on October 26, 2026, subject to no objection from Cosumaf. The decision, made in Douala, followed an earlier rejection of the application as submitted on August 5. The Cameroonian microfinance institution raised 1.092 billion CFA francs by issuing 52,019 shares, just 13% of its 8.4 billion CFA franc target. Its December 2025 offer had proposed 400,000 new shares at 21,000 CFA francs each; the shares entered the CEMAC Central Depository’s mechanisms on June 30, 2026, but had not yet been listed.
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