Archives des cemac - Page 8 of 10

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...

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Prices of Basic commodities in Cameroon increase by 2.5%

August 20, 2020ByPeter Nsoesie

As part of conservative measures, the National Institute of Statistics proposes to the government, in order not to reach the Community inflation threshold: "to continue to ensure that the market...

InEconomy, Featured, NEWS

Equatorial Guinea implements Economic changes for a sustainable future

August 19, 2020ByPeter Nsoesie

"After the recent crisis, it is estimated that our Gross Domestic Product would fall by about 6% in 2020, compared to an initial forecast of a 1.6% drop. In a...

InEconomy, Featured, Finance, NEWS

Cameroon suspends 5th phase of Economic Partnership Agreement over COVID 19 constraints

August 16, 2020ByPeter Nsoesie

Cameroon has based its action on Article 31 of the EPA Statutes which states that the country is free to suspend EPA operations if they are faced with exogenous shocks....

Incooperation, Economy, Featured, NEWS

Central African States promise to boost job creation in the sub-region

August 15, 2020ByLa Rédaction

Regarding the improvement of external aid in this time of health crisis linked to the coronavirus pandemic (Covid-19), the ministers in charge of the Economy wished from the two institutions...

Incooperation, Economy, Featured, Finance, NEWS

BEAC adopts eTransfer, a new application made available to banks in the CEMAC zone

August 13, 2020ByPeter Nsoesie

This is a big step, given that "eTransfer makes it possible to ensure the traceability and availability of real-time monitoring information for banks, public treasuries as well as other economic...

InEconomy, Featured, Finance, NEWS

CEMAC: Prices of exported commodities fall by 3.2%

August 11, 2020ByLa Rédaction

According to the BEAC, the variation in the prices of basic products between January and March 2020 was marked by a cumulative decline in energy products (-10.3%) and non-energy products,...

InEconomy, Featured, Finance, NEWS

Congo adopts Financial reforms for the next decade

August 10, 2020ByLa Rédaction

According to the Minister Delegate in charge of the Budget, Ludovic Ngatsé, the global strategy for piloting the 2020-2029 public finance reforms reflects the government's will. "This dynamic of reforms,...

InEconomy, Featured, Finance, NEWS

35th Session of the Ministerial Council of UEAC ongoing in Yaounde today

August 10, 2020ByLa Rédaction

This Council, which is held the day after the Inter-State Committee organized in Yaoundé on August 4, 2020, will allow the Ministers of Economy and Finance of CEMAC member States...

Incooperation, Economy, Featured, NEWS

CEMAC in search of 2400 billion FCFA for sub regional integration

August 7, 2020ByPeter Nsoesie

From twelve projects initially for an investment estimated at 2820 billion FCFA, the Steering Committee (Copil) of Pref-Cemac has revised its ambitions downwards, thus reducing the number of these projects...

Incooperation, Economy, Featured, Finance, Financial markets, NEWS

2020 World Bank – IMF Annual meetings: African Caucus in concertation

August 6, 2020ByPeter Nsoesie

For Alamine Ousmane Mey, President of the 2020 African Caucus of the World Bank Group and the IMF, “hosting the African Caucus meeting on Covid-19 confirms the commitment of African...

Incooperation, Economy, Featured, NEWS

UEAC member states meet to roll back COVID 19 Economic shocks

August 5, 2020ByLa Rédaction

Although one can not yet determine the duration of this health crisis, GDP in the CEMAC zone is expected to contract by around 4 to 6%. Such a development would...

Incooperation, Economy, Featured, NEWS

Elimination of roaming charges planned from January 2021 in the CEMAC sub region

July 20, 2020ByLa Rédaction

To give a boost to the integration process, CEMAC also intends to rely on telecommunications. “It would be wise for CEMAC member states not to miss the deadline of January...

Incooperation, Economy, Featured, Finance, NEWS

GIMACPAY, the converged card, mobile and transfer ecosystem now a reality

July 14, 2020ByLa Rédaction

GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI...