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cemac

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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BDEAC collected 106.8 billion FCFA following the raising of bonds

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

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

"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

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

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

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

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

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

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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CEMAC experts raise more than 3500 billion FCFA for Integrated projects

The focal points of these projects are, among others, modernizing the road networks linking several countries in the sub-region; develop the production of energy interconnection or develop optical fiber. During...
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CEMAC in search of 3500 billion FCFA in Paris to finance 11 integrated projects

The 11 priority integrative projects that were chosen for this round table were chosen for their high degree of maturity and preparation, says CEMAC. They relate to regional transport corridors,...
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CEMAC experts to meet in Paris to discuss Infrastructural development

Placed under the high patronage of Denis Sassou N'Guesso, President of the Republic of Congo and President in charge of Cémac's Economic and Financial Reform Program, the event will bring...
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