{"id":6245,"date":"2025-11-19T13:55:05","date_gmt":"2025-11-19T12:55:05","guid":{"rendered":"https:\/\/cca-bourse.com\/?p=6245"},"modified":"2025-11-19T13:55:06","modified_gmt":"2025-11-19T12:55:06","slug":"sous-garantie-dafreximbank-le-cameroun-reussi-a-lever-159-milliards-de-fcfa-aupres-des-banques-locales","status":"publish","type":"post","link":"https:\/\/cca-bourse.com\/index.php\/2025\/11\/19\/sous-garantie-dafreximbank-le-cameroun-reussi-a-lever-159-milliards-de-fcfa-aupres-des-banques-locales\/","title":{"rendered":"Sous garantie d\u2019Afreximbank, le Cameroun r\u00e9ussi \u00e0 lever 159 milliards de Fcfa aupr\u00e8s des banques locales"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>(BFI) \u2013 Le Cameroun mobilise 159 milliards Fcfa aupr\u00e8s des banques locales gr\u00e2ce \u00e0 la garantie d\u2019Afreximbank<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Un nouvel emprunt garanti par Afreximbank<\/strong><\/h3>\n\n\n\n<p>Selon la note de conjoncture sur la dette publique publi\u00e9e par la Caisse autonome d\u2019amortissement (CAA), arr\u00eat\u00e9e \u00e0 fin septembre 2025, l\u2019\u00c9tat du Cameroun a mobilis\u00e9 <strong>159 milliards de Fcfa<\/strong> aupr\u00e8s de banques locales.<br>L\u2019identit\u00e9 des pr\u00eateurs n\u2019est pas d\u00e9voil\u00e9e, mais le document indique que ce financement b\u00e9n\u00e9ficie d\u2019une <strong>garantie partielle ou totale d\u2019Afreximbank<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Une marge r\u00e9siduelle de 91 milliards Fcfa<\/strong><\/h3>\n\n\n\n<p>Conform\u00e9ment \u00e0 la loi de finances rectificative 2025, le gouvernement a pr\u00e9vu jusqu\u2019\u00e0 <strong>250 milliards de Fcfa<\/strong> d\u2019emprunts bancaires locaux garantis par Afreximbank.<br>Avec les 159 milliards d\u00e9j\u00e0 mobilis\u00e9s, il reste donc, en th\u00e9orie, <strong>91 milliards de Fcfa<\/strong> \u00e0 lever, sauf r\u00e9vision future des besoins de tr\u00e9sorerie.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Deuxi\u00e8me intervention d\u2019Afreximbank en 2025<\/strong><\/h3>\n\n\n\n<p>Il s\u2019agit du <strong>deuxi\u00e8me appui d\u2019Afreximbank au Cameroun<\/strong> en 2025.<br>Le 30 juin 2025, l\u2019institution panafricaine \u2014 dirig\u00e9e depuis le 28 juin 2025 par le juriste camerounais <strong>George Elombi<\/strong> \u2014 avait permis au Tr\u00e9sor de lever <strong>200 milliards de Fcfa<\/strong> sur le march\u00e9 sous-r\u00e9gional des titres publics pilot\u00e9 par la BEAC.<\/p>\n\n\n\n<p>Cette op\u00e9ration s\u2019appuyait sur un <strong>swap euro\/FCFA<\/strong> aupr\u00e8s de la BEAC, permettant \u00e0 Afreximbank de souscrire des OTA du Cameroun r\u00e9mun\u00e9r\u00e9es entre <strong>6,5 % et 7,5 %<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Afreximbank, premier investisseur \u00e9tranger sur le march\u00e9 Cemac<\/strong><\/h3>\n\n\n\n<p>Gr\u00e2ce \u00e0 ce montage, Afreximbank est devenue la <strong>premi\u00e8re institution financi\u00e8re \u00e9trang\u00e8re<\/strong> \u00e0 intervenir sur le march\u00e9 des titres publics de la CEMAC (Cameroun, Congo, Gabon, Guin\u00e9e \u00e9quatoriale, Tchad, RCA).<\/p>\n\n\n\n<p>Cette perc\u00e9e pourrait <strong>renforcer l\u2019attractivit\u00e9<\/strong> d\u2019un march\u00e9 jusque-l\u00e0 domin\u00e9 par des acteurs locaux satur\u00e9s, alors que les \u00c9tats de la sous-r\u00e9gion font face \u00e0 des besoins de financement croissants.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u00c9clairage : Une strat\u00e9gie de diversification financi\u00e8re<\/strong><\/h2>\n\n\n\n<p>La combinaison d\u2019emprunts domestiques garantis et d\u2019innovations de march\u00e9 (swap, intervention d\u2019un investisseur \u00e9tranger) illustre une strat\u00e9gie visant \u00e0 :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>diversifier les sources de financement<\/strong>,<\/li>\n\n\n\n<li><strong>r\u00e9duire le co\u00fbt du risque souverain<\/strong>,<\/li>\n\n\n\n<li><strong>am\u00e9liorer l\u2019acc\u00e8s \u00e0 la liquidit\u00e9 locale<\/strong>,<\/li>\n\n\n\n<li><strong>allonger la duration de la dette<\/strong>,<\/li>\n\n\n\n<li><strong>dynamiser la courbe des taux<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>La garantie d\u2019Afreximbank r\u00e9duit \u00e0 court terme la prime exig\u00e9e par les banques locales. \u00c0 moyen terme, la pr\u00e9sence d\u2019investisseurs non-r\u00e9sidents pourrait transformer la structure du march\u00e9 Cemac, <strong>\u00e0 condition de maintenir une discipline d\u2019endettement et une transparence des engagements garantis<\/strong>, ainsi qu\u2019une bonne coordination avec la BEAC pour \u00e9viter l\u2019\u00e9viction du cr\u00e9dit au secteur priv\u00e9.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(BFI) \u2013 Le Cameroun mobilise 159 milliards Fcfa aupr\u00e8s des banques locales gr\u00e2ce \u00e0 la garantie d\u2019Afreximbank<\/p>\n","protected":false},"author":1,"featured_media":6246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_joinchat":[],"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","entry","has-media"],"acf":[],"_links":{"self":[{"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/posts\/6245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/comments?post=6245"}],"version-history":[{"count":1,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/posts\/6245\/revisions"}],"predecessor-version":[{"id":6247,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/posts\/6245\/revisions\/6247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/media\/6246"}],"wp:attachment":[{"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/media?parent=6245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/categories?post=6245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cca-bourse.com\/index.php\/wp-json\/wp\/v2\/tags?post=6245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}