Tycoon Paul Fokam's Afriland First Bank is losing a $116.9 million battle in Congo
Afriland First Bank's Congo unit has $116.9 million in negative equity and its Cameroonian owner says the state took the bank without paying for it.
Paul Fokam
Cameroonian businessman Paul Fokam’s Afriland tops $3.6 billion in assets
Cameroonian businessman Paul Fokam’s Afriland First Bank passes $3.6 billion in assets, cementing its lead in Central Africa.
Cameroonian tycoon Paul Kammogne Fokam's Afriland seeks partners for Liberian business
Afriland First Bank says it wants new partners for its Liberia unit, as reports cite a planned capital raise to spur local growth.
Cameroonian tycoon Paul Fokam moves to launch Afriland First Bank in Chad
Cameroonian banker Paul Fokam plans to open Afriland First Bank subsidiary in Chad, expanding the group’s regional presence.
Paul Fokam’s Afriland First Bank to open new branches in Central Africa
Cameroonian businessman Paul Fokam’s Afriland First Bank gets Cobac approval to expand into Congo, CAR, and Chad, boosting regional banking reach.
Cameroonian tycoon Paul Fokam’s Afriland dismisses allegations of tax-related closure in Congo
The group clarified that since the establishment of Afriland First Bank CD in 2005, the lender has never faced a sanction from the tax directorate or any other government institution.
Paul Fokam’s Afriland facilitates $1.2 billion agricultural deal in Bangui
The deal, signed in Bangui, aims to develop 30,000 hectares for large-scale cassava and sugarcane farming and processing.
Paul Fokam's Afriland to boost SME financing in Cameroon with $60 million
The move is designed to help close the funding gap faced by local businesses, especially those led by women, and support private-sector growth in the country.
Cameroonian tycoon Paul Fokam’s bank bolsters local economy with $2.7 billion in 2023
The bank further solidified its position as a national market leader with a 19.2-percent market share in deposit collection and a 21.5-percent market share in credit at the close of 2022.
Cameroonian billionaire Paul Fokam initiates arbitration against DRC over Afriland subsidiary
Fokam is the majority shareholder of Afriland First Group.
Cameroonian tycoon Paul Fokam’s Afriland partners with BGFI to co-finance CEMAC region projects
Fokam is one of Africa’s richest men, according to Forbes Afrique.
Cameroonian businessman Paul Fokam’s Afriland launches Togo investment holding
Fokam is one of Africa’s richest men.
Cameroonian businessman Paul Fokam’s Afriland faces financial accusations in DRC
Minority and majority shareholders of the bank’s DRC subsidiary are having it out.
Cameroonian mogul Paul Fokam’s Afriland moves to sell Ugandan subsidiary
Afriland First Group is further reducing its presence in Africa.
Cameroonian mogul Paul Fokam’s Afriland exits Uganda over lack of customers
Fokam is one of Africa’s richest men, with a fortune assessed at more than $800 million in 2020.
Cameroonian billionaire Paul Fokam’s Afriland First Bank eyes Chadian market
Fokam is one of the richest men in Africa.