ACEP Cameroon celebrates its 25th anniversary!
ACEP Cameroon celebrates its 25th anniversary!
In partnership with the Foundation since 2017, ACEP Cameroon has become a leading institution in the field of microfinance in Cameroon thanks to a network of 27 branches in 6 regions in Cameroon, with 382 employees. Its mission is to support the development of Very Small Enterprises (VSEs) in the country's urban centers. For 25 years, ACEP Cameroon has been campaigning for the improvement of the Cameroonian economy.
Besides these 6 regions ACEP Cameroon also plans to expand into other North-West and South-West regions in the coming years.
Deputy Director General, Christian ANGUIN, said he was happy to celebrate 25 years ofACEP Cameroon with its many partners, administrators, clients: “We have accomplished our mission in Cameroon in a comprehensive manner, with job creation and project financing.”
To date, the institution has approximately 14,970 clients, including 24% rural beneficiaries, and manages a portfolio of 44 million euros (28,851,680,000 CFA francs).
A lasting partnership between the Foundation and ACEP Cameroon: since 2017, two loans have been granted for a total amount of €4 million, two technical assistance missions have been carried out and a global consulting approach focused on the digital transformation of the ACEP group.
We were able to meet the Director General of ACEP Cameroon
In 2022, the Foundation was approached by ACEP Conseil as part of their digital transformation plan. This €10.6 million program, of which €6.3 million is co-financed by their subsidiaries and €4.2 million, the search for which is entrusted to the Foundation. Specifically, the aim is to support the group in its fundraising and coordinate the funds raised to facilitate the implementation of this digital transformation project for their subsidiaries.
During our partnership, we were able to meet the General Director of ACEP Conseil:
For more information, Click here
