28 November 2023

Camtel (Cameroon Telecommunications) is nearing the launch of its mobile money service ‘Blue Money.’

The operator has launched an international call for tenders to recruit a firm which will carry out the feasibility study of the mobile financial system. This firm must carry out all the studies necessary to ensure the feasibility of the service, more precisely marketing, technical, financial, commercial, and organizational studies. The three-month delivery will be financed by the 2023 budget for an estimated cost of 200 million FCFA.