The AfDB Covers 293 Billion FCFA of Its Sovereign Risk on Cameroon with the IDB and ADB

Author: Investir au Cameroun PublicationPublished on: September 22, 2026Country: Cameroon

Business & Economy

The AfDB Covers 293 Billion FCFA of Its Sovereign Risk on Cameroon with the IDB and ADB

The African Development Bank (AfDB) has shared a coverage of 509 million dollars, approximately 293 billion FCFA, with the Inter-American Development Bank (IDB) and the Asian Development Bank (ADB) for its sovereign commitments in Cameroon. This financial protection does not constitute a new loan but allows for risk sharing in case of non-repayment. The AfDB remains the primary lender and retains part of the risk, with no anticipated payment default.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

LFR 2026: Due to economic underperformance, Senegal faces a difficult end of year

Business & EconomySenegal

senenews.com•10m ago

LFR 2026: Due to economic underperformance, Senegal faces a difficult end of year

Senegal is facing a challenging end to 2026 due to economic lethargy, with growth expected around 2% and declining tax revenues. Economists Meïssa Babou, Cheikh Mbacké Sène, and Baye Abdou Diouf express concerns about the country's financial situation, highlighting the lack of state investment and a moribund private sector. However, Sène remains cautiously optimistic, stating that reforms could lead to recovery if visible results are achieved quickly.

SABC: 50.6 billion FCFA net profit for 483 billion turnover in 2025

Business & EconomyCameroon

Investir au Cameroun Publication•12m ago

SABC: 50.6 billion FCFA net profit for 483 billion turnover in 2025

The Société Anonyme des Boissons du Cameroun (SABC) reported a net profit of 50.6 billion FCFA, equivalent to 77.072 million euros, for a turnover of 483.2 billion FCFA, or 736.664 million euros, in 2025. These results come from the accounts of the Société des Brasseries et Glacières Internationales (BGI), which holds 84.12% of SABC. By the end of the year, SABC's equity amounted to 240.5 billion FCFA.

The budget heavily strained by the travels of President Bassirou Diomaye Faye

PoliticsBusiness & EconomySenegal

senenews.com•40m ago

The budget heavily strained by the travels of President Bassirou Diomaye Faye

Senegalese President Bassirou Diomaye Faye made two trips to the United States within a week amid a severe economic crisis and public finances strained by debt. During his general policy statement, Prime Minister Ousmane Sonko described the country's economic situation as being at the 'fifth basement.' The president's travels raise questions about their cost and impact on public finances, as the country faces power outages and rising food prices.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more