Camair-Co threatened with cessation of activity in a meeting with Louis-Paul Motaze on 15 October

Camair-Co threatened with cessation of activity in a meeting with Louis-Paul Motaze on 15 October

Cameroon’s Finance Minister has summoned the CEO of the airline which is seeking a CFA francs 2.6bn bail-out. Camair-Co cannot meet its debts and its operations are in danger.

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            ▪ Camair-Co threatened with cessation of activity in a meeting with Louis-Paul Motaze on 15 October

▪ Cameroon’s Finance Minister has summoned the CEO of the airline which is seeking a CFA francs 2.6bn bail-out. Camair-Co cannot meet its debts and its operations are in danger.

https://www.jeuneafriquebusinessplus.com/en/799030/camair-co-threatened-with-cessation-of-activity-in-a-meeting-with-louis-paul-motaze-on-15-october/

16/10/2019 at 12h34, by Jeune Afrique Business+, updated 22/10/2019

The heavily indebted airline (CFA francs 35bn) had asked the Cameroon government to release a CFA francs 2.648bn credit lifeline to help it “meet its most urgent needs.”

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