From Business in Cameroon 

According to a report by the Directorate General of the Treasury (DGTC) on the 2013-2018 bond issued by Cameroon in December 2013, and for which 80 billion FCfa was raised in two weeks, 12.3% of the subscriptions are from Equatorial-Guinean investors. Equatorial Guinea is the first country to have answered Cameroon’s call for fundraising.

The DGTC also indicates that other nations have subscribed, including Congo (1.8%), Gabon (1.2%) and Cote d’Ivoire (0.01%), used only their piggybank for the Cameroon Treasury Department in this operation as their cumulative subscriptions only represent 3% of the participations received. This contrasts with the over 84% received from Cameroonian investors and the 12.3% for Equatorial Guinea.

The breakdown of subscriber types reveals that “648 entities have participated in this operation, making up 90% of the individuals that have obtained a 13.1%-share of the securities.”

Read more at Business in Cameroon