In a powerful demonstration of Morocco’s commitment to African economic integration, the city of Laâyoune recently hosted a landmark event that brought together business leaders from across the continent. The latest event was marked by the signing by the General Confederation of Moroccan Enterprises (CGEM) of a pivotal cooperation agreement with business federations from several […]
Tag: CEMAC
Moroccan southern provinces, strategic link between North Africa & Morocco’s African depth – Laayoune Declaration
Participants in the Parliamentary Forum on Economic Cooperation between Morocco and the CEMAC highlighted on Friday in Laayoune, the strategic importance of the Southern Provinces of the Kingdom and the Laayoune-Sakia El Hamra region as a vital link between North Africa and Morocco’s deeper African ties, and as a promising zone for investment and integrated […]
Central African nations agree to merge two regional economic blocs
Central African ministers meeting in Cameroon Wednesday August 10 have agreed to merge the 11-member Economic Community of Central African States (ECCAS) with the six-member Economic and Monetary Community of Central Africa (CEMAC) in a move to boost trade and growth. The economy ministers said they want to foster regional integration, accelerate economic transformation and […]
CEMAC raises €3.8 billion in Paris for infrastructure development
The Economic and Monetary Community of Central African Countries raised €3.8 billion at a two-day round table in Paris. The Funds are destined to finance the bloc’s Regional Economic Program meant to boost growth by 2025. The program comprises 84 projects, including 11 presented as priority integrating projects. The total cost of these projects has […]
Central Africa: IMF prescriptions to pull economy out of crisis
The momentum of the economic crisis in Central Africa has changed in 2019, raising flags of the International Monetary Fund (IMF). The Washington based lender last week completed discussions with the Central African Economic and Monetary Community (CEMAC). The talks focused on common policies in support of the reform programs of CEMAC member countries. In […]
CEMAC: 2020 draft budget under review in Yaoundé
The Cameroonian capital Yaoundé is hosting the 34th ordinary session of the Council of Ministers of the Central African Economic Union (CEMAC) Oct.31 through Nov.2. This meeting will see the participation of delegations led by ministers of economy of the six-member countries of the Economic and Monetary Community of Central Africa (CEMAC). The meeting will […]
Central Africa’s exports shrink in Q1 2019—Central Bank
The Bank of Central African States, also known as Banque des Etats de I’Afrique Centrale (BEAC), this week said the prices of 28 commodities exported by the six states of the regional bloc (CEMAC) accounting for 90% of export values, declined by 6.2% during the first quarter of 2019. The regional bloc consists of Cameroon, […]
“Train My Generation” Fund Set up to Address Youth Unemployment in Africa
A fund destined to promote the training of African youth, “Train My Generation,” has been set up on the sidelines of the New York Africa Forum, held in the Gabonese capital, Libreville, June 14-16. The fund with an initial capital of $ 200 million was set up in partnership between the Economic and Monetary Community […]






