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Breaking NewsAfrica·Tech & AI·25 Aug 2026, 03:30

Bange Bank: after Cameroon and Benin, the Equatorial Guinean bank eyes the Central African Republic

A delegation from the Equatorial Guinean state bank, led by its chairman Martin Crisanto Ebe Mba, was received on August 19, 2026 by the Central African Republic's finance minister to prepare its entry into the Bangui market.

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Editorial illustration for Bange Bank: after Cameroon and Benin, the Equatorial Guinean bank eyes the Central African Republic

After Cameroon and Benin, the Central African Republic. Bange, Equatorial Guinea's public bank, continues its CEMAC expansion: a delegation led by chairman Martin Crisanto Ebe Mba was received on August 19, 2026 by the CAR's finance minister, a first step before a technical mission studies the conditions for setting up in Bangui.

Bange already operates in Equatorial Guinea, Spain, Cameroon since 2021, and Benin since 2023. Its Cameroonian subsidiary, with nine branches, plans to open six more in 2026, reaching a network of fifteen branches by 2027.

For the bank, the CAR represents an additional foothold in a CEMAC zone where banking competition is intensifying, driven by several regional players' ambitions to expand across borders.

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