By Ndumbe Bell Joseph Gaston in Douala
It is now on record in the financial markets arrangements that the microfinance institution (ACEP) Credit for Private Entreprises went into complex regulatory procedures and guarantees, to make public offerings of bonds (on interest) in order to satisfy, obtain and address the financial requirements of its stakeholders and customers.
The FCFA 5 billion bond issue was presented to the complex business and financial experts in Douala, CEMAC and beyond recently, to woo confidence in their objectives of what they called the ACEP Cameroon’s 2025-2027 Strategic Plan.

ACEP presentation
To do this, it required greater security and the assistance of a certain number of institutional guarantees. ACEP Cameroon requested during the three (3) years of maturity of the operation, the provision of investment services from a stock broking company USCA, a subsidiary of the Moroccan banking and financing group BCP and approved by COSUMAF, the CEMAC Financial Market Authority or simply called the Regulator, as expressed in their leaflet.
Thus, code named “ACEP Cameroon 7% gross 2024 -2027”, the bonds operations attracts a FCFA 10 000 per share with a minimal subscription of 10 shares or FCFA 100 000. There are some other details some of which include a 6-month amortization of FCFA 2000 or 20 percent of the nominal rate of FCFA 10 000.
Of a great majority of beneficiaries of these financial sourcing (bonds) are the customers. Thus, an Orange Money account has been opened by ACEP Cameroon in BICEC to facilitate transactions for those in the loan repayment or other categories of persons.
At an era where Africa is suffering from very burdensome international loan repayments and exorbitant interest rates, the CEO, Yann Akindele said, “this operation is equally aimed at slicing dependence on international donors with expensive interest rates. It is mainly intended to benefit the various stakeholders, partners and our customers from this new diversification of its sources of financing through financial resources in local currency including less (soft) interest rates”.
Akindele also remarked on the sane mechanism that were adhered to “ this innovation in the microfinance sector is being aimed at mobilising savings in an even more structured way with mechanisms that respect the standards”.