Category

Cameroon Tech News

Category

What Do You Do with Your Money? Download Bohikor and Keep Track of your expenses and income. In an economy like Cameroon where immediately FCFA 10,000 changes to FCFA 9,000, the money finishes in seconds, a timely solution has been launched to help users track their expenses and income. It is normal to find a Cameroonian earning FCFA 200,000 monthly asking for ‘urgent 2k’ at mid-month. A woman selling fruits at the roadside and making a daily profit of FCFA 15,000 will tell you she doesn’t know where her money is going. At the same time, a student on a FCFA 20,000 monthly allowance complains as if he/she has a leaking pocket that misplaces money. The President of Bohikor startup, Ayuk Etta Akum, has described these situations as financial illiteracy. “Cameroonians have not yet understood how to manage their financial life. You discover that a woman goes to the market…