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cooperation

BEAC and Cabinet Price Waterhouse Cameroon strategize on the financing of the economies of the sub-region

Thus, the inventory of the "unified regional financial market as of July 31, 2020 shows that four companies are listed, for a market capitalization of CFAF 149.5 billion. These are...
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Congo’s Postal Bank receives 10 billion FCFA from BDEAC

Beneficiary of this funding, the general manager of the BPC, Calixte Tabangoli, has indicated that through this loan the Postal Bank of Congo hopes to carry out projects and programs...
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Moroccan group Walili unveils investment plans in Gabon

The CEO of the Walili group, Amine Nokta, presented the 30-year-old group, which was involved in real estate from the start. "We have several other subsidiaries, be it food, health...
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CEMAC reforms well on course despite COVID 19 threats

We can cite, among others, the improvement of the quality of public expenditure in the States, the widening of the tax base, the increase in the level of foreign exchange...
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New World Bank Representative in Chad assumes office

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural...
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BDEAC seals 29 billion FCFA finance deal with Chad

For the two projects, the banking institution has released an envelope of CFAF 29 billion. A total of 15 billion are intended for the Chadian health authorities in order to...
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Central African States promise to boost job creation in the sub-region

Regarding the improvement of external aid in this time of health crisis linked to the coronavirus pandemic (Covid-19), the ministers in charge of the Economy wished from the two institutions...
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World Bank ranks Chad 33rd in Africa assessment of policies and institutions

In the report, countries are rated on a scale of 1, corresponding to the lowest score, to 6, on 16 indicators grouped into four categories: economic management, structural policies, social...
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United Nations Economic Commission for Africa launches Price watch list for Africa

In the same vein, Cameroon’s Minister of Economy, Planning and Regional Development - Alamine Ousmane Mey - said “We need to strengthen the relationships between national information and statistics institutions...
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BEAC adopts eTransfer, a new application made available to banks in the CEMAC zone

This is a big step, given that "eTransfer makes it possible to ensure the traceability and availability of real-time monitoring information for banks, public treasuries as well as other economic...
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CEMAC member States pledge to create an early warning mechanism for macroeconomic imbalances

The Council of Economy and Finance Ministers of the CEMAC sub regions , that  met by videoconference on August 10, has  approved new measures to prevent the occurrence of risks...
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Congo-Cameroon Optic fibre inter-connection works launched

The second phase of the Central Africa Backbone (Cab-Congo) project, of approximately 347km of fiber, was officially launched on August 8 in Ntam, a border town, by the Congolese Minister...
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CEMAC in search of 2400 billion FCFA for sub regional integration

From twelve projects initially for an investment estimated at 2820 billion FCFA, the Steering Committee (Copil) of Pref-Cemac has revised its ambitions downwards, thus reducing the number of these projects...
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Chevron’s entry into Equatorial Guinea and Cameroon could be a Turning Point for Central Africa’s Gas Industry

Chevron is indeed a true gas player in the African market. In Nigeria, it has been leading natural gas commercialization efforts for decades through its Escravos projects targeting the monetization...
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