Afriland First Bank

Public data, unclaimed profile

Cameroon's largest bank by assets (Afriland group). Co-lender in the Camtel syndicate (2026) and SNH's CSTAR refinery financing (2026), co-arranger of the Socadel refinancing; borrows from development lenders for its SME lines (ICD, a Luxembourg fund, IFC).

At a glance

Based on observed investment behaviour: 3 recorded deals

Investor type: Bank (inferred, not verified)
Capital type: Bank (inferred from profile)
Observed ticket: 78.7 M$ – 210.4 M$, median 144.5 M$ (2 disclosed amounts)
Countries: Cameroon (3)
Activities: Oil and gas (upstream and gas infrastructure) (1), Power transmission and distribution (1), Telecom operators and ISPs (1)
Instruments: Senior debt (3)
Stages: Debt (3)
Recent activity: 3 deals in 12 months, latest Sept 2026

Stated thesis versus observed behaviour

Countries: 100% of its deals within its stated thesis

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Investment thesis

Criteria published by the fund, recorded and checked by Invest Matching.

Investment ticket: n/a
Instruments: Senior debt
Preferred sectors: Energy*, Telecoms & digital infrastructure*
Target geographies: Cameroon
Stages (stated by the fund and from its deals): Debt
Website: https://www.afrilandfirstbank.com

Deals in progress

Socadel (ex-Eneo)

September 2026 · Cameroon

Arranging mandateDebt350.633 M$Senior debtEnergyCo-Lead

Mandate signed ('not an immediate availability of funds'); adds to the XAF 60bn mandate given to General Bank of Cameroon on 1 July 2026.

Co-investor alongside General Bank of Cameroon (ex-Société Générale Cameroun)

Activity : Power transmission and distribution

Instrument : Structuring and syndication mandate: XAF 50bn revolving credit and XAF 150bn medium-term loan refinancing bank and supplier debt

State electricity company succeeding Eneo (Actis exit in 2025).

Why they invested

Financial restructuring of the national power distributor

Co-investors BGFIBank Cameroun (Co-Lead)

Source : investiraucameroun.comN3 · Single source

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

SNH — quote-part dans la raffinerie CSTAR de Kribi

May 2026 · Cameroon

SignedDebt210.38 M$Senior debtEnergyCo-Invest

Agreement signed in Yaoundé on 5 May 2026 by SNH, CSTAR and BGFIBank Cameroun; drawdown phase started.

Co-investor alongside BGFIBank Cameroun

Activity : Oil and gas (upstream and gas infrastructure)

Instrument : XAF 120bn loan (≈32% of the XAF 372bn refinery cost); BGFIBank Cameroun arranger

Financing of the National Hydrocarbons Corporation's stake in CSTAR's refinery and oil depot in Kribi.

Why they invested

The country's second refinery after the Sonara shutdown
An all-local bank syndicate for a strategic project

Co-investors BICEC, CCA-Bank (Crédit communautaire d'Afrique), SCB Cameroun

Source : investiraucameroun.comN2 · Cross-checked (2+ outlets) · Other sources : Cameroon Tribune, Business in Cameroon

Camtel

January 2026 · Cameroon

SignedDebt78.689 M$Senior debtTelecoms & digital infrastructureCo-Invest

Agreement signed on 21 January 2026; drawdowns not published.

Co-investor alongside Commercial Bank Cameroun (CBC)

Activity : Telecom operators and ISPs

Instrument : XAF 44.884bn syndicated loan: XAF 24.834bn top-up to an initial XAF 20bn agreement; CBC lead arranger and security agent

Expansion of the State operator's mobile network (MNE project): densification, decongestion, national coverage from 40% to 70%.

Why they invested

Catching up on mobile coverage against MTN and Orange
Local banks backing a State-owned borrower

Co-investors CCA-Bank (Crédit communautaire d'Afrique), NFC Bank, Union Bank of Cameroon (UBC)

Source : commercialbank-cm.comN1 · Primary source · Other sources : Sika Finance

In short

Afriland First Bank invests across the following sectors: Energy and Telecoms & digital infrastructure, in the following areas: Cameroon. Check in 30 seconds whether your company fits these criteria.

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