Monday, March 24, 2014

Equatorial Guinea is first subscriber to Cameroon's Fundraising

According to a report by the Directorate General of the Treasury (DGTC) on the 2013-2018 bond issued by Cameroon in December 2013, and for which 80 billion FCfa was raised in two weeks, 12.3% of the subscriptions are from Equatorial-Guinean investors. Equatorial Guinea is the first country to have answered Cameroon’s call for fundraising.

The DGTC also indicates that other nations have subscribed, including Congo (1.8%), Gabon (1.2%) and Cote d’Ivoire (0.01%), used only their piggy

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