ADC Nears BVMAC Listing, but Key Financing Question Remains

ADC nears BVMAC listing, but key financing question remains Cameroon's airport operator, Aéroports du Cameroun (ADC) has moved a step closer to joining the Central African Stock Exchange (BVMAC), nearly four years after the government announced plans to list part of its portfolio of state-owned companies. The key question now is whether the transaction will provide fresh funding for the company or simply allow the government to sell part of its stake. Following a June 24 assessment workshop held in Kribi, BVMAC Director General, Louis Banga Ntolo said ADC has reached the level of preparation required for admission to the…