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cemac

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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CEMAC – ECCAS fusion: Ministers validate several Merger Texts

 Ten points were kept on the agenda for the 6th conclave  of ministers of the Steering Committee for the rationalization of regional economic communities in Central Africa (Copil CER-AC). Six draft texts were...
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Increase in Interest rates observed in Cameroon

Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According...
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CEMAC Celebrates 30 years Amid Challenges

Born on March 16, 1994 in N’djamena in Chad following the Treaty signed by the founding fathers, the Economic and Monetary Community of Central Africa launches its thirtieth anniversary festivities...
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AFSIC London 2023: Unleashing Investment Synergy in Africa

In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in...
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AFSIC London 2023: Charting the Future of African Finance

The recently concluded AFSIC London 2023, a flagship investment event spotlighting Africa’s financial services sector, emerged as a triumph, creating a vibrant arena for networking, collaboration, and exploration of unprecedented...
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Captain Ibrahim Traoré is a Burkinabe statesman with an impressive journey.

Born on March 14, 1988, in Kera, in the commune of Bondokuy, Burkina Faso, he has dedicated his life to serving his country, Burkina Faso. From a young age, Ibrahim...
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