Advans Cameroun Competitors

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact. For information on our legal terms of use visit http://rbc.com/legalstuff.

MTN Cameroon (MTNC) is a subsidiary of the MTN Group created on 15 February 2000, following the acquisition by MTN International of the first mobile operator in Cameroon, CAMTEL Mobile. In 24 years of activity, MTN Cameroon has imposed itself as the leader of the electronic communications market in Cameroon, and essential partner of the socio-economic growth of Cameroon. • Since its creation, MTN Cameroon has massively invested in the construction of a 2G, 3G and 4G network which is today the most robust and extensive in the country, and even in the Central African sub-region. The extension of this network enables MTN to cover roughly 98% of the population of Cameroon, and have redundant presence as well as an uninterrupted service in all the agglomerations of over 50 000 inhabitants. • MTNC plays a major role in the Cameroonian economy, and is one of the biggest private investors of the country (roughly USD 1.5 billion invested since 2000). MTN is also among the biggest contributors to State revenues in terms of taxes and customs duties paid. The investments realised by MTN Cameroon have contributed towards the growth of over a thousand SME partners and vendors of the company. Amongst the essential investments of MTN, conspicuously features the connection of Cameroon to the WACS sub-marine cable, strategic tool that enables countries nowadays to access cost-effective and abundant high-speed internet. • Since the year 2000, MTN Cameroon has created on average 74 new direct jobs each year being an overall of over a thousand direct jobs of which 40% are occupied by women. In addition, the dynamism of its activity provides daily income to about 200, 000 families. • In 2005, MTN created the very first corporate foundation in Cameroon to which 1% of its profit after tax is allocated. This Foundation contributes to the welfare of communities by working in the areas of health, community development and education.

Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.