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...

Trade in goods and services between the UK and Cameroon is currently valued at £911 million. The UK stands as one of the principal investors in Cameroon, presenting abundant opportunities across various sectors such as infrastructure, renewable energy, natural resources, and tourism. With the Economic partnership agreement between the UK and Cameroon in full force,...

The volume of foreign exchange reserves of the Bank of Central African States (BEAC) represents an external coverage of the currency of 78.4%, or 4.79 in months of imports of goods and services, against 4.82 in current month 2023. The sub-region, which should continue its economic reforms, intends to maintain efforts to repatriate export revenues...

Arise Integrated Industrial Platforms (Arise IIP), a subsidiary of the pan-African Arise group, has revealed its plan to develop a 500 hectare industrial and logistics zone on the banks of the Dibamba River in Missole I, near Douala, the economic capital of Cameroon . This project, unveiled during a meeting to launch the information and...