Your account has been succesfully created.

Spotlight | Cameroon
Saga of Biya and Société Générale sale nears completion

Reading time 5 minutes
Finance Minister Louis-Paul Motaze in Yaoundé, December 2025.
Finance Minister Louis-Paul Motaze in Yaoundé, December 2025. © Kepseu/Xinhua via AFP

The state's takeover of the French bank's subsidiary is being financed through a loan contracted from BGFIBank. Behind the €190 million deal, the identity of the future buyer to whom the state will transfer the asset remains at the centre of an intense power struggle.

Read also

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!