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94,850
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$ 110,021
Bitcoin
94,850

cemac

COMIFAC adopts 2021-2025 Operational plan

"The Convergence Plan is recognized by all national and international partners, as a reference document to guide their actions, funding or activities in general. It should also urge the other...
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Regional Sustainable Development Forum to hold in Congo

Since its launch in April 2003, the PEAC has undertaken to enhance the energy potential of the sub-region to meet all forms of electricity demand, through the construction of energy...
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Gabon behind in the Energy, Transport and ICT segments

“This new tool will help developing countries improve their development policies and reduce poverty. It will also strengthen their economic resilience in the face of shocks such as that of...
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BEAC receives agreements between CEMAC states and Oil/Mining companies

According to the BEAC, the positive effects linked to the rigorous monitoring of regulatory provisions relating to exchange are essentially. It conditions the increase in repatriations and retrocessions, and the...
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OHADA Secretariat wants harmonization of Law with AfCFTA in the CEMAC zone

"The entry into force of the AfCFTA must be based on legal instruments," said Thibaud Nambogona, representative of the permanent secretary of OHADA. In addition to the study on the...
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UEAC adopts 90 billion FCFA

Alamine Ousmane Mey "also reviewed the health situation and its repercussions on the economy of the sub-region. It is a question, according to him, of containing the spread of the...
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Cameroon and World Bank seal 30 billion FCFA to develop the Lake Chad zone

The development objective of this project is to contribute to the recovery of the Lake Chad area by supporting regional coordination and crisis prevention, connectivity and agricultural livelihoods in the...
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2331 billion FCFA of excess reserves for banks of CEMAC at the end of September 2020

Between September 2018 and 2020, the outstanding bank loans to the economy of the sub-region were down by 119 billion FCFA. They explain that most of their resources are sight...
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UEAC evaluates 2021 budget at over 89 billion FCFA

In the same vein, the president of the CEMAC Commission, Daniel Ona Ondo, declared that: “this tax has suffered a big backlash in relation to the health crisis, with an...
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CEMAC countries called to pay their dues

It should be noted that the TCI is considered to be the main source of funding for the Cémac budget. It concerns 1% of the taxable value of imports of...
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UEAC Committee members met, discuss challenging issues of the CEMAC zone

This meeting held in the prelude to the 36th session of the UEAC Council of Ministers scheduled for January 27, 2021 by videoconference. This assembly, also chaired by the Cameroonian...
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Asset management companies now invest in bond issues in the CEMAC zone

That is more than 6 billion FCFA more than the 100 billion FCFA requested through the operation called "BDEAC 5.45% NET 2020-2027". This unprecedented participation of a new category of...
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IMF expresses grim economic projection for the CEMAC zone

“With the fall in oil prices over the medium term, the outlook is that Cemac's budgetary and external adjustments will be slower than previously expected, and risks are tilted to...
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0.50% excluding tax now applied for transfers out of CEMAC beyond 5 million FCFA

"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding...
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