Capital Market: Bamboo Microfinance Opens FCFA 5 Billion Bond Issue

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Capital Market: Bamboo Microfinance Opens FCFA 5 Billion Bond Issue

Bamboo EMF S.A is currently conducting a public bond offering in Douala intended to be listed at the BVMAC.

16 Sep 2026 15:08

G abonese microfinance institution Bamboo EMF has taken its FCFA 5 billion public bond offering to Cameroon, with the official launch held in Douala on September 9 2026, as the company seeks to mobilise me dium-term resources to support the expansion of its lending activities. The operation, ap proved by the Central African Financial Market Supervisory Commission (COSUMAF), in volves the issuance of five mil lion fixed-rate, dematerialised bonds. The securities carry a gross annual interest rate of 7.25% and have a three-year maturity. Subscriptions, which opened on July 15 2026, will run until October 12, 2026. The Founder of Bamboo, Yvan N’na Mboma, says the funds raised will primarily be used to finance loans to its target customers, including civil servants, private-sector employees and traders. The operation is also intended to strengthen the institution’s ba lance sheet and capital base, and diversify its medium-term funding sources. The offering is particularly notable for the unusually low face value of its bonds: just FCFA 1,000, which makes the securities more accessible to individual investors who may not normally participate in cor porate bond markets. However, investors must subscribe to a minimum of 50 bonds, mea ning an entry ticket of FCFA 50,000. The FCFA 1,000 deno mination also gives Bamboo the ability to mobilise savings from a broad investor base rather than relying solely on institutional investors. Eligible subscribers include individuals and legal entities, while the bonds are intended to be listed on the Bourse des Valeurs Mo bilière...