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Cameroon’s Afriland Bank opens in Central African Republic
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Cameroon’s Afriland Bank opens in Central African Republic
Afriland First Bank, the lender founded by Cameroonian billionaire Paul Fokam Kammogne, has become the first Cameroonian bank to establish itself in the Central African Republic, opening a branch in a market where fewer than one in ten adults holds a bank account. The bank announced the opening in a statement on July 15, saying the branch has been operational since June. It is capitalised at 2.15 billion CFA francs, about $3.7 million, and is he…
·Cameroon
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