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Migrant remittances: UNCDF pledges support for BEAC to reduce costs

The United Nations Capital Development Fund (UNCDF) announces that it has just entered into a memorandum of understanding with the Bank of Central African States (BEAC) to improve the policy and regulatory environment for Digital Financial Services (DFS) in the CEMAC region (Cameroon, Congo, Gabon, Chad, Central African Republic and...
in Short

Beac Economic recovery in the CEMAC Zone

Despite persistent monetary, financial and security vulnerabilities in certain countries of the sub-region, faced in particular with the terrorist threat, there has been a resumption of activity in the countries of the Economic and Monetary Community of Africa central (CEMAC) according to the 2018 annual report published on January 13,...
in Short

Cameroon Gabon concentrates 60% of BEAC financing

According to a report just published by the Bank of Central African States (Beac), the amount of new bank financing granted between July 1 and December 31, 2018 amounted to nearly CFAF 4,797 billion in the Cemac zone, an increase of nearly 297 billion compared to the first half of...