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Public management: Paul Kammogne Fokam honored for his investments in Guinea Conakry

15/06/2021
Categories: General Information

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Cameroonian billionaire Paul Kammogne Fokam, founder of a hyper-diversified empire in Cameroon, was honored for his investments in Guinea Conakry. He is the Chairman of the Board of Directors of the National Investment Bank of Guinea (BNIG). A bank set up to accelerate the development of Guinea Conakry.

"For his exceptional contribution to the fight against poverty in Guinea, I decorated with the rank of Commander of the National Order of Merit, Dr. Paul K. Fokam, international sponsor of the MC2 network and founder of PkFokam Institute of Excellence", posted on his Facebook account the president of guinea, Alpha Condé on June 11, 2021.

The Cameroonian billionaire controls 10% of BNIG's assets through Afriland First Bank Guinea Conakry, headed by Cameroonian Guy Florent Fondjo, who is also economic adviser to President Alpha Condé. The BNIG was set up thanks to the technical support of Afriland First Group. In concrete terms, the holding company governed by Swiss law notably managed all the operations of design, study, assembly, approval, recruitment, training, start-up and operationalization of the BNIG.

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