This is what is revealed in the 2023 activity report for Central Africa published by the French Development Agency, which claims an investment of 1.1 billion euros in Cameroon.A major pillar of CEMAC economies, Cameroon received 43% of the 2.7 billion euros of the portfolio of projects executed as of December 31, 2023 by the...
After three months of activity in 2024, according to the latest Sectoral Economic Outlook Note from the Ministry of the Economy, the consolidated production of extractive activities recorded a decrease of 4.5%, quarter-on-quarter. A poor performance resulting from the fall in manganese production over the period under study. This is all the more so since...
The Aix-en-Provence Economic Encounters emerge as a showcase of innovation and global dialogue. The 2024 edition, under the evocative theme “At the Heart of Innovation,” beckons a deep dive into the emerging technologies and economic strategies that will shape our shared future. This revised article highlights the anticipated discussions on technological innovation, current economic challenges,...
Central Africa’s economy treads a delicate path, balancing monetary stability, historical ties, and aspirations for autonomy. At the heart of this discourse lies the Franc CFA, a common currency across 14 countries. In this exploration, we delve into its impact on regional trade, weigh its advantages, and confront the challenges. As reforms unfold and future...
In the heart of Africa, Rwanda stands out as a beacon of economic progress and technological advancement. This landlocked nation, once scarred by devastating conflict, has achieved a remarkable economic rise over the past two decades, setting a benchmark for development and innovation across the African continent. A Remarkable Economic Growth Story Since the year...
The financing need of these banks is increasingly expressed, to the point where the liquidity offer of 90 billion FCFA issued by the Beac on June 25, 2024; could not satisfy the appetite of the said banks. According to the results published on June 27, 2024 by the banking institution common to the six CEMAC...
Ambassadors from the Economic Community of Central African States (ECCAS) accredited to the United States of America, met recently to fine tune their strategies, in order to give ECCAS more visibility in the United States of America. It was also an occasion for a congratulatory message to be addressed to Cameroon’s Head of State, President...
It is a distress call that Yvon Sana Bangui, the governor of Beac, launched on June 24, 2024, reminding the Cameroonian authorities of the need for rapid rehabilitation of Sonara in order to reduce the negative impacts suffered by the sub-region since the fire of May 2019. “Today, all the countries in the sub-region import...
The Council of Ministers of the Central African Economic Union (UEAC), one of the community entities, approved, on June 20, in Bangui (Central African Republic), the new financial and public procurement regulations. These community standards should breathe a sense of transparency into community institutions. The adoption of the two community texts, the financial regulation of...
