Archives des cemac - Page 2 of 11

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...

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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...

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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...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon plans to become the Wheat giant in Central Africa

November 19, 2024ByPeter Nsoesie

Cameroon is on its way to becoming a central player in wheat production within the Economic and Monetary Community of Central Africa (CEMAC). This approach is part of a large-scale...

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Market Capitalization in the CEMAC zone reaches 13.5%

October 30, 2024ByPeter Nsoesie

The Central African Stock Exchange (BVMAC) continues its growth, with a 13.5% increase to 1,633.7 billion FCFA in June 2024 in the market capitalization of all listed securities compared to...

Incooperation, Economy, Featured, Finance

Cameroon vows to curb down Inflation by 2027

October 28, 2024ByLa Rédaction

The Cameroonian government is planning a gradual decline in inflation to reach the community threshold of the Central African Economic and Monetary Community (CEMAC) by 2026-2027. Although inflation has climbed...

Incooperation, Economy, Featured, Finance, NEWS

UEAC adopts 82 Billion FCFA for 2025

October 14, 2024ByLa Rédaction

The Council of Ministers of the Union of Central African States (UEAC) held its 42nd ordinary session in Bangui, Central African Republic, on 11 October 2024. The bulk of this...

Incooperation, Economy, Featured, Finance, Innovative Campaigns, NEWS

CEMAC Aviation Ministers push for a Harmonized Air Sector Regulation

October 8, 2024ByJacques Raymond TEDONGAP

Meeting on October 4, 2024 in Douala the Assa-ac Council of Ministers once again focused on the operationalization of its 2025 vision, the objective of which is to make CEMAC , ” an integrated...

Incooperation, Economy, Featured, Finance, NEWS

BEAC Injects coins into the Economy

October 4, 2024ByPeter Nsoesie

The Douala Agency of the Bank of Central African States BEAC the economic capital of Cameroon is launching an operation to exchange banknotes for coins. This operation mainly concerns pharmacies, supermarkets,...

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BEAC Anticipates Accelerated Economic Growth in 2024

September 28, 2024ByLa Rédaction

During its meeting on September 23 in Yaoundé, the Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) shared optimistic economic forecasts for 2024, predicting a growth...