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Cameroon Seeks $761 Million from International Capital Markets to Clear Debt

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Cameroon aims to raise $761.4 million internationally to meet IMF requirements and clear domestic debt
  • Funds will address unpaid salaries, tax refunds, and commercial debts from 2000 to 2019.

 

Yaoundé, Cameroon – Cameroonian authorities have announced plans to raise up to $761.4 million from international capital markets to meet the requirements of the International Monetary Fund (IMF), which concluded an assessment mission in the central African country in April.

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