AFREXIMBANK Expands in Central Africa with New HQ and Medical Centre in Cameroon

Prime Highlights:

AFREXIMBANK is securing land in Cameroon to build a modern regional headquarters and a reference medical centre.

The projects aim to boost financial services, healthcare, and regional development, creating employment and investment opportunities.

Key Facts:

The medical centre will be developed in partnership with Cameroon’s National Social Insurance Fund (CNPS).

Both AFREXIMBANK and Cameroonian authorities have agreed to continue consultations to speed up land procedures and site selection.

Background:

AFREXIMBANK is securing land in Cameroon for two major projects, expanding its presence in Central Africa. The initiative follows high-level discussions between a delegation from the bank, led by Ibrahim Bagarama, head of the Central Africa Mission, and Cameroon’s Minister of State Property, Surveys and Land Tenure (MINDCAF), Henri Eyebe Ayissi, held in Yaoundé.

The meeting focused on the institutional support needed to secure land for AFREXIMBANK’s upcoming projects: a state-of-the-art regional headquarters and a reference medical centre. The headquarters will host the bank’s staff and strengthen its banking and trade finance operations across the Central African region. Meanwhile, the medical facility will be developed in partnership with Cameroon’s National Social Insurance Fund (CNPS) and is expected to become a benchmark for healthcare delivery in the country.

Minister Henri Eyebe Ayissi welcomed the bank’s plans, emphasizing the government’s commitment to facilitating access to secure land for large-scale investments. “Cameroon is determined to support partners who contribute to development,” he said, highlighting land availability as a critical factor for strategic projects with national and regional economic impact.

The planned medical centre will help improve healthcare services and boost the skills of medical staff. The partnership with CNPS shows how public and private groups are working together to improve healthcare.

AFREXIMBANK’s team was happy with the talks and praised the Cameroonian authorities for their help. Both sides agreed to keep working together to choose the best sites and speed up land procedures so the projects can start quickly.

These projects are part of AFREXIMBANK’s plan to grow in Central Africa.