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January 15, 2021

Financial Industry Summit to put Africa’s Economy on the rails

With an average growth in banking revenues of 11% per year and more than 800 million dollars raised by African FinTechs in 2019, the African financial industry was, before the...
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0.50% excluding tax now applied for transfers out of CEMAC beyond 5 million FCFA

"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding...
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