en
en
Bitcoin
74,464
Bitcoin
$ 84,684
Bitcoin
74,464

beac

COBAC stops Cameroon transfer of ”Sleeping Funds” to Deposit and Consignment Fund CDEC

Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA...
Read More

Navigating the Franc CFA: Balancing Stability and Reform in Central Africa

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...
Read More

Commercial banks in the CEMAC zone in search for liquidity despite 90 Billion FCFA offer from BEAC

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...
Read More

BEAC Advocates for the rehabilitation of SONARA

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...
Read More

BEAC Foreign Exhange reserves stall at 7.2 Trillion FCFA

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...
Read More

Over 1500 billion FCFA raised through BVMAC in 2023

Although the market capitalization of available securities increased by 36.8% over one year, efforts are still expected so that the Central African Securities Exchange (Bvmac) achieves its objectives, underlines the...
Read More

CEMAC Zone: BEAC regulates money issues to minimize inflationary trends

Following the course of operations of the bank of banks since the onset of the global health crisis, which has had a real impact on the economy and the post-crisis...
Read More

SBCapital takes Cameroon’s Money Exchange Sector by storm, unveils juicy services

Alternatively, customers can walk into its office, initiate and complete a transaction. “Realizing that speed, security and convenience are important to potential clients, At SB Capital Ltd, we take this...
Read More

UAE and Belgium key destinations for Cameroon’s Diamonds

This Cameroonian diamond export to the United Arab Emirates can be explained by the explosion, in recent years, of trade with Dubai. “Indeed, the main city of the United Arab...
Read More

BEAC envisages Economic recovery in the CEMAC zone

Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...
Read More

BEAC launches Control Operation against Illicit Capital flight

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures...
Read More

BEAC predicts stagnant business environment in Q2 of 2021

According to the central bank of CEMAC states, this forecast test is a “quarterly document of a prospective nature, based on surveys carried out among business leaders, administrators and other...
Read More

Congo’s President and BEAC Governor discuss PREF-CEMAC reforms

Abbas Mahamat Tolli praised the dynamics of the Congolese financial market, because in a few months of activity the public treasury was able to mobilize around 812 billion CFA francs....
Read More

BEAC to unveil new banknotes

It was at the end of the ordinary session of the Ministerial Committee of the Central African Monetary Union (Umac), held on October 2, 2019, at the headquarters of the...
Read More
1 2 3 4 6

Subscribe to our newsletter

In order to receive updates and exclusive offers.

Hot Posts

IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth
March 28, 2025By
Tony Elumelu Foundation Announces $15M Grant, 56 Cameroonian Entrepreneurs Among Beneficiaries
March 24, 2025By
The Tony Elumelu Foundation to Unveil 2025 Cohort of Entrepreneurship Programme
March 18, 2025By

× Contact Us