GICAM and the AFD partner to elaborate the first Central African Corporate Governance Code
The aim of the Corporate Governance Code will notably be to promote a business environment conducive for investments. Good governance is a key factor that ensures businesses’ continuity and is also an added value for them.
It helps establish confidence in the management and the monitoring of companies’ operations. It is also a good way to help limit financial risks for investors and lenders,” the GICAM indicated
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According to the terms of the partnership agreement, GICAM, which is the largest employers’ grouping in Cameroon, will develop the code in close collaboration with companies and authorities while international consulting firm Nestor Advisors will provide technical assistance. As for PROPARCO and the AFD, they will provide financial assistance