What we take from financial news across the CEMAC zone. Every brief links to its source, and to an archived copy when the original disappears.
At the 22 July session, Gabon mobilised just FCFA 66bn of the 135bn offered.
The split matters more than the total: short lines were fully served, while almost all long lines found no buyer.
FCFA 143m will cover part of the listing costs of four companies, under a programme funded by the African Development Bank.
They are Samb'a Assurances, Gabon Power Company and Façade Maritime Champ Triomphal, plus Cameroon Hotel Corporation.
Fifteen years after the market opened, outstanding stock exceeds FCFA 10,000bn. Gabon remains the largest issuer at 3,104.3bn, ahead of Congo (2,966.2) and Cameroon (1,972.1).
Two figures deserve attention: the average cost of borrowing rose from 8.08% in April to 9.73% in May, and the average subscription rate at auction fell from 77.14% to 72.08%.
COBAC regulation R-2025/02 of 10 December 2025 raises the minimum share capital of banks from FCFA 10bn to 25bn, a threshold unchanged since 2009.
Ecobank Cameroun complied in June, converting part of its retained earnings rather than raising new funds.
Credit extended across the zone fell to FCFA 2,510.5bn from 3,146.9bn a year earlier, driven by weaker corporate demand.
Companies take 81.15% of total credit. A contraction of that size in one quarter strengthens the case for market financing.
Harvest Asset Management reports passing one billion euros in assets under management at end-March 2026, more than FCFA 748bn, a first in the CEMAC zone.
The signal matters: regional institutional demand exists. What is still missing are the instruments to absorb it.
These briefs are summaries written by Purpose Capital from public sources, cited and linked. They constitute neither investment advice nor a recommendation to buy or sell. Figures quoted are those published on the date shown.