Jacques Ndjamba seeking funds to finance urban kiosks in Yaounde
After signing a contract in 2018 to instal 1,300 multifunctional kiosks in Douala, the reserved Cameroonian entrepreneur, who made his fortune in oil and gas, has agreed to build another 700 units in Yaounde.
01/10/2020 at 16h29, by Africa Business+
amba Mbeleck has the golden touch. On 23 September, Prime Minister Joseph Dion Ngute declared Jacques Ndjamba Mbeleck‘s communications company Accent Media the winner of a partnership contract to equip the city of Yaounde with 700 multifunctional kiosks – a contract worth over 5bn CFA francs, to be carried out as a BOT (Build, Operate, Transfer) over 15 years. “After signing the contract with the mayor of the capital, we need to gather together the funds to build these kiosks, part of which will be in the form of a bank loan,” explains the entrepreneur.
Recommended articles
Private Equity
13/11/2020 at 21h03, by Africa Business+
TC Kundi’s Berkeley Energy on track for first closing of $300m fund
The green energy-focused investment manager returns with a much more ambitious target for Africa.
Telecoms & Media
25/11/2019 at 17h07, by Aurelie Benoit
Out-of-home advertising: Pikasso unveiled in Carrefour stores in Morocco
According to our sources, the Lebanese group has recently taken over Greenberry, the pioneering advertising...
Construction & Infrastructure
04/11/2019 at 16h27, by Africa Business+
JCDecaux is discussing new tenders with Côte d’Ivoire’s Minister for Urban Affairs, François Albert Amichia
As Africa’s number one in outdoor advertising since 2015, the French leader is seeking new opportunities...