“We applaud the BEAC for listening to the private sector concerns and for adopting a pragmatic approach to foreign currency regulations in the wake of the ongoing crisis caused by...Read More
"A sharp drop, especially since the previous quarter, exports had increased by 2.1%, oil has contributed more than 88.3% to the overall evolution, while the contribution of agricultural products was...Read More
Concretely, this fundraising operation will take place in several phases. The first will take place from July 8 to 27, 2020. During this period, Cameroon wants to raise 50 billion...Read More
According to the central scenario, an economic recession of 5.9% is forecast, a slight inflationary rise to 2.5%, that is to say below the Community standard which is 3%, a...Read More
The country has complied with Community regulatory requirements for securing the reimbursement of these securities. The President of the Central African Banking Commission COBAC, also Governor of the Bank of...Read More
Gabon Special Economic Zone (GSEZ) will proceed on June 15, 2020, to the payment of interest on its bond loan issued in 2018 called “EOGSEZ 6.5% gross 2018-2028”, for an...Read More
This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...Read More
According to the Minister of Finance of Cameroon, the CEMAC states are working to mitigate the effects of the coronavirus on monetary parity. “The risk that hung over our heads...Read More
Banking regulation has remained rigid for the banking sector in the CEMAC zone. Commercial banks in the sub-region are forced to continue to strictly adhere to the prudent rules that...Read More
Gabon, like other countries on the continent, calls for the cancellation of the debt of African countries without distinction of category. The announcement was officially made by Prime Minister Julien...Read More
According to the issuing institution, the Covid-19 will cause, among other things, the deterioration of macro-economic accounts, the fall in external funding, the disruption of intra-community trade, the weakening of...Read More
The liquidity made available by the Central Bank does not attract the bankers of CEMAC, credited with about 2000 billion FCFA of free reserves, according to the IMF. But beyond...Read More
The terms of the moratorium on maturities of corporate bank loans were detailed by the Ministry of Economy and Finance on April 22. Aimed at companies of all sizes, this...Read More
Alain Nkontchou, CEO Enko Capital Harvest Asset Management and Enko Capital led respectively by Cameroonians Marc Kamgaing and the Nkontchou brothers have been retained by the Bank of Central African...Read More
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