The National Savings and Provision Reserve (Renaprov Finance S.A.) has initiated an IPO process on the Central African Securities Exchange (Bvmac).

Renaprov Finance is an institution of second category microfinance active since 1996. The operation The initial public offering is managed by Afriland Bourse & Investissement as arranger and leader. It relates to an increase of capital of 8.4 billion FCFA. The operation will take place via the broadcast of 400,000 new shares at a unit price of 21,000 FCFA, opening 44.44% of Renaprov Finance's capital to the public. The period of subscription is announced from December 15, 2025 to March 15, 2026, with a participation open to institutional investors as well as individuals.

According to the transaction documents, “the shares resulting from this fundraiser will be listed on Bvmac, devoting a decisive step in the evolution of Renaprov Finance as a player major factor in financial inclusion in Central Africa”.

The resources mobilized are primarily aimed at strengthening significantly capital, in order to expand the capacity to intervene on the credit market while respecting the requirements on a sustainable basis Cobac prudential policies, in particular the solvency ratio set at 15%. The declared strategy also consists in diversifying the offer beyond loans. short-term cash flow, by further developing medium-term financing and long term, especially in real estate, infrastructure and investments productive.

On the financial level, Renaprov Finance highlights an overall favorable performance trajectory, despite a downturn recent. The certified net income rose from 292 million FCFA in 2022 to 605 million FCFA in 2023, before falling to 528 million FCFA in 2024.

Deposit collection also increases, from 9.16 billion FCFA in 2021 to 11.27 billion FCFA in 2024, a movement presented as a reflection of customer trust and the expansion of the customer base. For 2025, deposits are projected at 12.02 billion CFA francs, i.e. +15% compared to 2024, a strong dynamic mainly by agencies in Yaoundé, which concentrate most of the business and represent around 80% of loans.