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beac

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BEAC pumps in 250 billion FCFA into CEMAC market

December 10, 2020By
This operation will be carried out at the applicable tender interest rate (TIAO) of 3.25%, in accordance with community provisions. Assets accepted as collateral for BEAC refinancing operations operate in...
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BEAC called to review its foreign exchange regulations

November 10, 2020By
According to the African Energy Chamber (the voice of the energy sector in Africa), these measures are insufficient, unrealistic and unlikely to boost sustainable development. “We need businesses that can...
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Gabon’s leader meet BEAC boss and CEMAC Commissioner

October 21, 2020By
For the president of the Cemac Commission, the countries have taken appropriate measures to face recent economic shocks. "Naturally at the level of integration, in the sub-region, we have taken...
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BEAC tightens conditions for transfers outside CEMAC

October 1, 2020By
In addition, the BEAC specifies, the commission rate to be charged by the Central Bank during transfers outside CEMAC on behalf of national treasuries and accountants, as well as all...
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BEAC imposes a new tax on transfers of funds abroad

September 29, 2020By
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

September 22, 2020By
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

September 10, 2020By
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

September 10, 2020By
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

September 1, 2020By
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

August 28, 2020By
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

August 13, 2020By
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

August 13, 2020By
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

August 12, 2020By
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%

August 11, 2020By
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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