
Paul Fokam's Afriland to boost SME financing in Cameroon with $60 million
The move is designed to help close the funding gap faced by local businesses, especially those led by women, and support private-sector growth in the country.
The move is designed to help close the funding gap faced by local businesses, especially those led by women, and support private-sector growth in the country.
The bank further solidified its position as a national market leader with a 19.2-percent market share in deposit collection and a 21.5-percent market share in credit at the close of 2022.
Fokam is the majority shareholder of Afriland First Group.
Fokam is one of Africa’s richest men, according to Forbes Afrique.
Fokam is one of Africa’s richest men.
Minority and majority shareholders of the bank’s DRC subsidiary are having it out.
Afriland First Group is further reducing its presence in Africa.
Fokam is one of Africa’s richest men, with a fortune assessed at more than $800 million in 2020.
Fokam is one of the richest men in Africa.