According to the Banking Commission of Central Africa (COBAC), local and regional investors now control 23 out of the 54 credit institutions operating in the Economic and Monetary Community of Central Africa (CEMAC), representing an estimated control rate of 42.6%. This movement confirms the gradual disengagement of major Western banking groups from the sub-regional market…....
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CEMAC: Nationals control nearly 43% of commercial banks
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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