CEMAC Zone: Nearly 900,000 Mobile Microcredits Granted in 2024 for 14.45 Billion FCFA

In 2024, 897,021 mobile microcredits were granted in the CEMAC zone, totaling 14.45 billion FCFA, with an average amount of 16,114 FCFA per credit. These credits target underbanked populations, and their growth is attributed to the expansion of mobile money, automated risk assessment, and partnerships between banks and fintechs. The financing model relies on collaboration among credit institutions, payment providers, and fintechs to facilitate access to loans.