
PROFALCAM and People Finance S.A are partners!
The partnership agreement uniting them was signed on February 24th, 2023 by their respective Chairmen. People Finance S.A is now a key financial partner of PROFALCAM. It was 3.30p.m when George MBANDA and Aggée DINAMOU each signed the partnership agreement between the two institutions, of which they presidents. The signing followed five hours of discussions and exchanges between delegations from both parties. Indeed, the participants' review of the memorandum of understanding raised a number of questions. Representatives of People Finance S.A (PeFi) wondered about the loan repayment guarantees on which PROFALCAM relies, and how PROFALCAM intends to manage the risks associated with potential disasters. The team from the Platform of Promoters of Local Flour in Cameroon (PROFALCAM) had no difficulty in providing answers to these questions, thus sweeping aside any…