Cobac puts NOFIA under provisional control amid financial distress

[Business in Cameroon - Cameroon] - 17/10/2025
New African Financial Company (NOFIA S.A.), a second-category microfinance institution based in Douala, has been placed under provisional administration for six months. The measure was issued by the Central African Banking Commission (Cobac) through decision D-2025/134 dated June 25, 2025, and (…)
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