The agreement protocol involves setting up a $50 million credit line, equivalent to 32.8 billion FCFA at the fixed exchange rate of 655,957 FCFA. The planned allocation is expected to support small and medium-sized enterprises in agriculture, agro-industry, health, manufacturing, and transportation through Sharia-compliant channels.

The negotiated volume represents 2% of Afriland First Bank's global loan portfolio, which stood at 1,667 billion FCFA as of December 31, 2025, with customer deposits of 1,950 billion FCFA and a general balance sheet of 2,550 billion FCFA. The initiative extends previous interventions by the Islamic Development Bank's subsidiary, which has already provided 63 million euros to the bank through four successive operations. The final implementation remains subject to the signing of definitive terms, similar to the agreement concluded simultaneously by the same lender with AFG Bank Cameroon for a 20 million euro envelope.

The outcome of the technical discussions will determine the credit maturity, tariff schedule, and guarantee requirements. Effective access to liquidity for small structures will depend on the flexibility granted to the asset collateral system, in a context where the bank claims 1,200 billion FCFA in commitments granted to private economic actors during the previous fiscal year. The realization of the agreement will strengthen the financial autonomy of local processing plants and agricultural actors in the face of the scarcity of conventional long-term bank loans.


Asaba

Tags: financement pme afriland first bank sid ligne de crédit fcfa euros agriculture agro-industrie santé transformation manufacturière