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cemac

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CEMAC countries called to pay their dues

January 25, 2021By
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

January 24, 2021By
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

January 20, 2021By
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

January 16, 2021By
“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

January 15, 2021By
"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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BDEAC collected 106.8 billion FCFA following the raising of bonds

January 6, 2021By
The mobilization of subscribers was remarkable, with more than 82.4% participation for banks, 7.7% for insurance companies, 5.6% for individuals, pension funds just over 1 , 9% of the total...
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CEMAC experts reflect on the execution of 12 integrated projects

December 31, 2020By
For two days, the members of the technical commission relied on precise economic parameters to consider the implementation of said projects. “This is a game of interests but based on...
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CEMAC countries under the weight of COVID – 19

December 28, 2020By
"This favourable development reflects the rebound recorded from the third quarter of the year, demonstrating the resilience of the economies of the sub-region in the face of the COVID-19 pandemic",...
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BDEAC unveils “2020-2027” bonds to finance CEMAC Integrative projects

December 24, 2020By
Initiated by the Central African States Development Bank (BDEAC), the public call for savings called "BDEAC 5.45% NET 2020-2027" was presented on December 22 in Libreville. This bond loan aims...
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CEMAC countries brace up for AfCFTA

December 19, 2020By
If at the level of certain states such as Cameroon, the regulation of competition is already regulated, this is not the case at the community level. Hence the urgency to...
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Congo’s Parliament salutes reforms at the State Telecom company

December 10, 2020By
Although the current management team has inherited a gloomy social situation, Congo Télécom is working to restore its image. According to the deputy Maurice Mavoungou, whose commission has searched well...
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BEAC pumps in 250 billion FCFA into CEMAC market

December 10, 2020By
This operation will be carried out at the applicable tender interest rate (TIAO) of 3.25%, in accordance with community provisions. Assets accepted as collateral for BEAC refinancing operations operate in...
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CEMAC zone: BDEAC releases 31 billion FCFA for the financing of new private sector projects

November 30, 2020By
To ensure the implementation of its strategic development plan 2020-2022, the institution intends to mobilize 300 billion CFA francs for the financing of projects with high socio-economic impact. It will...
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With financial deposits of 4.9 billion FCFA, Cameroon’s private sector stands out in the CEMAC zone

November 23, 2020By
This regression is only observed in Gabon ”, underlines the BEAC. “The deposits collected amounted to 55 billion (12% of the balance sheet total). They increased by 4.2 billion (+...
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