Cameroonian billionaire Samuel Foyou’s bank is operational

Samuel FoyouSamuel Foyou

Samuel Foyou

Africa Golden Bank is gradually emerging from the station. According to a well-informed source, it began its activities on July 15, 2024 in Douala. The official launch is expected.

It was on March 23, 2023 that Africa Golden Bank obtained a favorable opinion from the Central African Banking Commission (Cobac). Everything now seems to be in place. The banking institution whose promoter is none other than Samuel Foyou began its activities in Douala, the economic capital of Cameroon. Its headquarters, still under construction, is in Bonanjo, not far from the Joss interchange.

It is a 10-story building. It is also the only agency that the bank currently has. Here, the staff gives some practical information. In particular, on the services offered by the bank. Cameroun Actu Online learns that Africa Golden Bank has great potential. Samuel Foyou is the chairman of the board of directors. On the board of directors, we note the presence of the CEO of Cogeni. The latter holds the position of director. Nina Edwige Mengang Foyou, represents the Plasticam company on the board of directors. It is also necessary to mention the significant presence of Calice Stéphanie Matinefo Ngouchinghe as director. David Fodjeu, is the representative of Fermencam. Jean Michel Monayong Nkoumou is the executive director and Bah Mohamed, represents Sunu Assurances.

The first general manager of Africa Golden Bank is Jean Michel Monayong Nkoumou. He is a renowned banker. The man was a member of the government of the Bank of Central African States. His assistant is Hippolite Tagatio, he holds the position of Deputy General Manager, just like Magloire Noumedem Dongmo, who is also Deputy General Manager. Africa Golden Bank is the 7th locally-owned bank in Cameroon after Afriland First Bank, NFC Bank, UBC Plc, CCA Bank, Commercial Bank-Cameroun (CBC), La Régionale.

Biscuiterie Samuel Foyou

Quoted by Forbes magazine as one of the ten biggest fortunes in French-speaking sub-Saharan Africa, Samuel Foyou already controls Société Camerounaise de Fermentation (Fermencam), a distillery bought in 2006 from the late billionaire Victor Fotso; Unalor, a match production company also bought from the Fotso group in 2009; Plasticam; Sotrasel (production of cooking salt); Biscuiterie Samuel Foyou (BSF); Moore Paragon printing; Brassaf, the country’s 4th largest brewing company; the Krystal Palace hotel chain, etc.

Africa Golden Bank

Actu Cameroun

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