BGFI Holding Corporation, the parent company of the BGFIBank Group, announces the launch of an initial public offering (IPO) in 2025.

Following approval by the Group's governing bodies, the operation will involve the creation of up to 10% of new shares. 

These shares will be listed on the Bourse des Valeurs Mobilières de l'Afrique Centrale (BVMAC).

The funds raised will enable BGFI Holding Corporation to pursue its development initiatives and implement its new 2026-2030 Corporate Project, which will be unveiled in mid-2025.

As the leading financial group in Central Africa, BGFI Holding Corporation SA aims to set an example and encourage other players to turn to the regional financial market for their financing needs.

“We are delighted to be taking this important step in our Group's history. This IPO will enable us to strengthen the reputation and reliability of our brand,” said Henri-Claude OYIMA, Chairman and CEO.

For the successful execution of this transaction, BGFI Holding Corporation has mandated its subsidiary BGFIBourse, specialized in stock market intermediation, to act as Lead Arranger and Lead Manager.

About the Bourse des Valeurs Mobilières de l'Afrique Centrale (BVMAC)

The Bourse des Valeurs Mobilières de l'Afrique Centrale (BVMAC) is a regional stock exchange based in Douala (Cameroon), serving the markets of Cameroon, Central African Republic, Republic of Congo, Gabon, Equatorial Guinea and Chad. It was established by the Central African Economic and Monetary Community (CEMAC) in June 2003, and first listing in 2008. In 2019, it will merge with the Douala Stock Exchange to form a single stock market in the CEMAC zone, Cameroon having previously had its own market.