14 February 2024

ACEP Cameroon celebrates 25 years!

In partnership with the Foundation since 2017, ACEP Cameroon has become a reference institution in the field of microfinance in Cameroon through a network of 27 agencies in 6 regions in Cameroon, with 382 employees. Its mission is to support the development of Very Small Enterprises (VSE) in the urban centers of the country. For 25 years, ACEP Cameroon has been advocating for the improvement of the Cameroonian economy.

In addition to these 6 regions ACEP Cameroon also intends to expand in the other regions North-West, South-West in the coming years.

The Deputy Director General, Christian ANGUIN, said he was pleased to celebrate the 25 years of ACEP Cameroon with its many partners, administrators, clients: We have accomplished our mission in Cameroon in a comprehensive way, with job creation and project financing.”

To date, the institution has approximately 14,970 clients, 24% of whom are rural beneficiaries, and manages a portfolio of 44M euros (28,851,680,000 CFA francs).

A lasting partnership between the Foundation and ACEP Cameroon: since 2017, 2 loans have been granted for a total amount of 4M€, 2 technical assistance missions have been conducted 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 asked by ACEP Conseil as part of their digital transformation plan. A programme of 10.6 million euros, of which 6.3 million are co-financed by their subsidiaries and 4.2 million, whose research is entrusted to the Foundation.  Concretely, it involves supporting the group in their search for funds and coordinating the funds raised to facilitate the implementation of this digital transformation project for their subsidiaries.

During our partnership, we were able to meet with the Executive Director of ACEP Conseil:

For more information, click here