CAMEROON Banks Issue dated 16/07/2021

Albert Kouinche, deprived of Victor Fotso and battling Orange Money, fights for his group's survival

The founder of the Express Union money transfer service, Albert Kouinche, whom billionaire and fellow Bandjoun native Victor Fotso kept under his wing for many years, has been badly hit by competition from mobile money services. Kouinche, an MP from the ruling CPDM party, is being kept afloat by state contracts and is trying to diversify into the hotel business. [...] (450 words)
This article may be accessed by subscribers and e-wallet holders (USD 12.50)
Log in to read more

Subscribe or Pay-Per-Article
Discover our offers

New: Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!