Archives des cemac - CEMAC ECO FINANCE

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BEAC unveils new coins

April 5, 2025ByPeter Nsoesie

Starting April 5, 2025, a new range of coins will enter circulation in the six countries of the Central African Economic and Monetary Community (CEMAC). Officially unveiled on April 2...

Incooperation, Economy, Featured, Finance, NEWS

CEMAX Tax bosses seek way to fast track Revenue Collection

March 14, 2025ByLa Rédaction

Meeting in Douala from March 11 to 14, 2025, the Directors general of taxes of the CEMAC member states, accompanied by IMF experts, are working on developing a joint roadmap...

Incooperation, Economy, Featured, Finance, NEWS

BVMAC Transactions fall by 21% in Q4 2024

February 10, 2025ByPeter Nsoesie

The financial market of the Economic and Monetary Community of Central Africa (CEMAC) experienced a significant drop in transactions in the last quarter of 2024. According to the Quarterly Bulletin...

Incooperation, Economy, Featured, Finance, NEWS

Investors praise Cameroon 2023 bonds on the Central African Stock Exchange BVMAC

February 5, 2025ByPeter Nsoesie

For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers,...

Incooperation, Economy, Featured, Finance, NEWS

CEMAC and UEMOA decide to harmonize Statistical System

February 1, 2025ByPeter Nsoesie

CEMAC and UEMOA, with the support of the World Bank, are continuing the harmonization of their statistical systems to improve the quality of socio-economic data in West and Central Africa....

Incooperation, Economy, Featured, Finance, NEWS

BEAC and BCEAO strengthen Monetary Cooperation

January 29, 2025ByPeter Nsoesie

In a global economic context marked by many challenges, the Bank of Central African States (BEAC) and the Central Bank of West African States (BCEAO) are strengthening their cooperation. Meeting...

Incooperation, Economy, Featured, Finance, NEWS

BVMAC eyes promising year after dismal 2024

January 13, 2025ByPeter Nsoesie

The Central African Stock Exchange (Bvmac) stock market underperformed in 2024, marked by a 4.9% decline in market capitalization. This situation is mainly linked to the 8.18% decline in the...

Incooperation, Economy, Featured, Finance, NEWS

BEAC announces release of new Coins to curb shortage in CEMAC Member states

January 11, 2025ByPeter Nsoesie

In order to put an end to the shortage of coins which is penalizing commercial transactions in the Central African Economic and Monetary Community (CEMAC) zone, the Bank of Central...

InBusiness opportunities, CEO, cooperation, Economy, Featured, Finance, NEWS

Louis Paul Motaze named Board Chair of BDEAC

January 5, 2025ByPeter Nsoesie

Louis Paul Motaze, Minister of Finance , is the new Chairman of the Board of Directors of the Development Bank of Central African States ( BDEAC), at the same time Chairman of...

InBusiness opportunities, CEO, Companies, cooperation, Economy, Featured, Finance, NEWS

Joseph Abena appointed as UBA CEMAC Chief

January 4, 2025ByPeter Nsoesie

United Bank for Africa (UBA) has announced the appointment of Joseph ABENA as Regional Marketing and Communication Director for the CEMAC region. This choice demonstrates the group’s confidence in its...

Incooperation, Economy, Featured, Finance, NEWS

Sub Regional Growth Consolidated despite Economic shocks

December 25, 2024ByPeter Nsoesie

The Central Bank is counting on a consolidation of growth in the Economic and Monetary Community of Central Africa (CEMAC) to 2.7% in 2024 against 2% in 2023. At the sub-regional...

Incooperation, Economy, Featured, Finance, NEWS

BEAC increases Liquidity for Banks in the CEMAC zone

December 20, 2024ByPeter Nsoesie

Faced with renewed interest from commercial banks in refinancing operations, the Bank of Central African States (BEAC) increased its liquidity offer to 220 billion FCFA on December 17, 2024. This...

Incooperation, Economy, Featured, NEWS

CEMAC Meet in Emergency Conclave to address Urgent Challenges

December 16, 2024ByPeter Nsoesie

The heads of state of the Economic and Monetary Community of Central Africa (CEMAC) are meeting on Monday in Yaoundé for better coordination in the face of worrying warning signals...

InCompanies, cooperation, Economy, Featured, Finance, NEWS

TRADEX begins operations in DR Congo

November 27, 2024ByLa Rédaction

The oil giant TRADEX, a subsidiary of the Société Nationale des Hydrocarbures (SNH) of Cameroon, is expanding its activities in the Democratic Republic of Congo. With a share capital of...