Cameroon’s Caisse des dépôts et consignations (CDEC) directs more than 80% of its financial-market investments into securities issued by the Cameroonian government. Figures presented by the public institution at a briefing in Yaoundé on 30 October 2026 also show CFAF61.2 billion in securities transactions at nominal value during the first nine months of the year.
CDEC began investing in the regional government securities market in December 2024, with initial transactions totalling CFAF9 billion. Volumes reached CFAF60 billion over the whole of 2025 and CFAF61.2 billion between January and September 2026. The institution participates in new issues and trading in existing debt securities, and this year began buying instruments issued by other countries in the Central African Economic and Monetary Community (CEMAC).
Investing funds entrusted by depositors
Its investment activity draws on money held on behalf of third parties, including regulated deposits and guarantees. From the start of its operations in 2023 through September 2026, CDEC reports receiving CFAF162.3 billion and returning CFAF30.5 billion to beneficiaries. Managing these funds requires the institution to combine market investments with the ability to meet withdrawal and restitution requests.
To broaden its portfolio, CDEC intends to raise the share of investments outside Cameroonian government securities to more than 20% by the end of 2028. The move has already begun within CEMAC, whose member governments borrow in a regional market overseen by the Bank of Central African States (BEAC).
The institution also aims to mobilise CFAF525 billion in resources by the end of 2028, with an intermediate target of CFAF150 billion for end-2026. Its plans include a CFAF5 billion pilot financing mechanism for small and medium-sized businesses led by young people and women.