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Cameroon: $5 Million Loan to Increase Access to Credit for Small Businesses

Summary by Ocean's News
They are hairdressers, traders, farmers, artisans. Every day, thousands of small businesses in Cameroon are trying to grow despite access to credit that is still too limited. In response to this economic emergency, the International Finance Corporation (IFC) is planning to grant a loan of $5 million to ACEP Cameroon. In Douala and Garoua, Cameroon's micro, small and medium-sized enterprises continue to struggle to obtain the resources necessary …
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They are hairdressers, traders, farmers, artisans. Every day, thousands of small businesses in Cameroon are trying to grow despite access to credit that is still too limited. In response to this economic emergency, the International Finance Corporation (IFC) is planning to grant a loan of $5 million to ACEP Cameroon. In Douala and Garoua, Cameroon's micro, small and medium-sized enterprises continue to struggle to obtain the resources necessary …

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Ocean's News broke the news in on Saturday, August 2, 2025.
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