Cameroon Repays CFA6.9 Trillion in Public Debt Since 2010

Since 2010, Cameroon has repaid CFA6.9 trillion in public debt while raising CFA8.6 trillion through various capital markets. The government’s consistent repayment reinforces confidence in its financial standing and ensures future access to funds for infrastructure development.

Since launching its inaugural bond in December 2010, Cameroon has successfully repaid CFA6.9 trillion in loans from diverse capital markets. This significant achievement was highlighted during a seminar held on February 27, organized by the Ministry of Finance, under the theme “Structured Financing: A Key Tool for Infrastructure Development.”

Samuel Tela, Director of Treasury at the Ministry of Finance, confirmed that all repayments have been executed promptly. Finance Minister Louis Paul Motazé remarked that these timely repayments reflect an increasing confidence in Cameroon’s financial integrity and the attractiveness of its financial instruments.

From 2010 to early 2025, the government raised a robust total of CFA8.6 trillion across various platforms. The financing included CFA1.2 trillion raised through bonds on the Central African Stock Exchange (Bvmac), another CFA1.2 trillion from Eurobonds and private placements on international markets, and over CFA6.2 trillion accessed through the Bank of Central African States (BEAC) public securities market since 2011.

These funds have been instrumental in managing the government’s short-term cash flow requirements, primarily through Treasury bills. Moreover, they have bolstered major infrastructure projects, utilizing long-term financial instruments like Treasury bonds, government bonds, and eurobonds for substantial investments.

By consistently honoring its debt obligations on schedule, Cameroon is reinforcing its credibility within financial markets, thereby ensuring sustained access to funding for future developmental initiatives.

Cameroon’s repayment of CFA6.9 trillion in public debt since 2010 illustrates a strong commitment to financial responsibility. The government has successfully raised CFA8.6 trillion by leveraging various funding instruments, enabling the execution of essential infrastructure projects. Maintaining an impeccable repayment record further enhances the nation’s credibility in global financial markets, promising continued access to necessary funds for future growth.

Original Source: www.businessincameroon.com