Afriland First Bank aims to increase its capital to 110 billion FCFA to support its expansion in CEMAC

Shareholders of Afriland First Bank approved a capital increase of 60 billion FCFA during a mixed general assembly on April 28, raising the bank's capital from 50 to 110 billion FCFA. This operation still requires approval from the Central African Banking Commission. It is part of a context of strengthening prudential requirements and aims to support the bank's regional expansion.