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beac

BEAC imposes a new tax on transfers of funds abroad

Regarding transactions, on behalf of national treasuries and public accountants, as well as sub-participants in payment systems and means holding accounts in the books of the Central Bank, the commission...
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Good governance: a pan-African rating agency to provide assistance to Congo

Welcoming Congo's initiative to re-enter the financial rating process with a pan-African agency, the CEO of Bloomfield said that "the rating made in local currency will determine the true credit...
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FAGACE: a new guarantor in the mobilization of actors for the financing of Economies

The head of the FAGACE delegation underlined that in the past, this organization in Benin has maintained and developed partnership relations with several banks in the sub-region. Investment projects have...
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CEMAC in search of 2500 billion FCFA to strengthen Economic integration

In light of the maturity conditions, twelve projects meeting international criteria were selected, said the permanent secretary. This involves, among other things, the establishment within the Cémac space of basic...
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Merger of CEMAC’s two Stock Exchanges almost complete

The actions still to be carried out for the finalization of the second phase of the merger of the financial markets of the Economic and Monetary Community of Central Africa...
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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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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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Cameroon and Gabon in search of 42 billion FCFA in the BEAC market

As was already the case on August 5, 2020, the Cameroonian Treasury has entered the money market on August 12 with Gabon, also trying to raise 12 billion FCFA, through...
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CEMAC: Prices of exported commodities fall by 3.2%

According to the BEAC, the variation in the prices of basic products between January and March 2020 was marked by a cumulative decline in energy products (-10.3%) and non-energy products,...
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