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cemac

CEMAC International Trade Stakeholders gain AfCFTA experience from Cameroon

 CEMAC international Trade Stakeholders have been briefed about the experience of the A d-hoc S ubcommittee responsible for implementing the initiative on Guided Trade of the Continental Free Trade Area...
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COBAC Meeting – CEMAC Bankers evaluate performance Indicators

The work of the thirteenth annual consultation meeting of the Central African Banking Commission (COBAC) with finance professionals opened on July 18 in the Congolese capital. Participants will attempt to...
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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...
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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...
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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...
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CEMAC adopts new code of Good Governance

The Council of Ministers of the Central African Economic Union (UEAC), one of the community entities, approved, on June 20, in Bangui (Central African Republic), the new financial and public...
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CEMAC Inter-State Brigade to go operational from January 2025

The deployment of elements of the Mixed Brigade from January 1 constitutes one of the main resolutions of the last Interstate Committee of the Economic and Monetary Community of Central Africa...
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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...
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AFREXIMBANK and BDEAC seal MoU to promote Trade and Development in the CEMAC subregion

The Afreximbank 2024 Annual Meetings and the 3rd Africa -Caribbean Trade and Investment Forum took place from June 12 to 15, 2024 in Nassau, Bahamas. During these events, Kanayo Awani, Executive Vice...
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Net Profit of BDEAC down by 10%

The Development Bank of Central African States (BDEAC) recorded a profit of 3.8 billion FCFA in 2023, compared to 4.146 billion FCFA in 2022. The general meeting of shareholders, which...
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