Economic and Monetary Community of Central Africa

Syllabus of the Subject: Economic and Monetary Community of Central Africa (CEMAC).

1. Introduction to the Economic and Monetary Community of Central Africa (CEMAC)
2. Organisational and Institutional Framework of the CEMAC
3. History of the Economic and Monetary Community of Central Africa
4. Economic Profile of the CEMAC region: Cameroon, the Republic of Congo, Gabon, Equatorial Guinea, the Central African Republic, and Chad.
   1. Recent economic developments, medium-term Outlook, and risks
   2. CEMAC Regional Economic Programme (PER) 2009-2025
5. Central African Economic Union (UEAC)
6. Central African Monetary Union (UMAC)
7. Other institutions of the CEMAC
   1. Community Parliament
   2. Court of Justice
8. CEMAC Specialised Agencies
   1. Bank of Central African States (BEAC)
   2. Development Bank of Central African States (BDEAC)
9. Main transit corridors of the CEMAC ZONE
10. Economic and Monetary Community of Central Africa in practice
11. New community transit regime of the CEMAC
12. Investment regimes in the region of the CEMAC
13. External Relations of the CEMAC (the European Union, the US)
14. Customs of the Economic and Monetary Community of Central Africa

The objectives of the subject “Economic and Monetary Community of Central Africa (CEMAC)” are the following:

1. To understand the objectives of the Economic and Monetary Community of Central Africa (CEMAC)
2. To evaluate the benefits for the member countries as well as the areas of cooperation of the CEMAC
3. To analyse the process of economic and commercial integration among the Economic and Monetary Community of Central Africa (CEMAC) member countries
4. To learn about the customs procedures of the Economic and Monetary Union and CEMAC Sydonia system
5. To know the regional economic programme of the Economic and Monetary Community of Central Africa (creation of an integrated economic space in 2025)
6. To analyse the role of the CEMAC member institutions: BEAC and BDEAC

Contents available in French (optional contents):

1. Reform of payment system in the CEMAC countries
2. Automated System for Large Amounts
3. Teleclearing system in Central Africa
4. Economic Commission on Cattle, Meat and Fish Resources
5. International Commission of the Congo-Oubangui-Sangha Basin
6. Economic projections by country
7. Customs of the Economic and Monetary Community of Central Africa
8. Customs Tariff of the CEMAC member countries
9. Customs Procedures
10. Models of statements
11. Custom system: Sydonia

Sample of the subject - Economic and Monetary Community of Central Africa (CEMAC)

Hispano-African University of International Business

Description of the Subject (Online Learning): Economic and Monetary Community of Central Africa (CEMAC).

The Economic and Monetary Community of the Central African States (CEMAC) includes six Central African Countries: Cameroon, the Republic of Congo, Gabon, Equatorial Guinea, the Central African Republic, and Chad.

The main objective of the Economic and Monetary Community of Central Africa (CEMAC) is to promote the harmonious development of the Member States in the context of the establishment of a true CEMAC Common Market (free movement of persons, goods, capital, and services) by establishing an economic and monetary union.

The monetary integration in the region of the Economic and Monetary Community of Central Africa (CEMAC) is fully effective, although there are some obstacles to the free movement of people, goods, and services.

The Economic and Monetary Community of Central Africa (CEMAC):

1. Population of the CEMAC Region: 44 million people
2. Area: 3 million square kilometres
3. Average growth of their economies: 4% annually
4. Cameroon provides almost 29% of regional GDP
5. The Second-largest tropical forest zone in the World (Congo Basin)
6. Main resources: petrol, gas, minerals, gold, manganese, diamonds, and uranium
7. All the CEMAC countries belong to the Western CFA Zone

The Economic and Monetary Community of Central Africa (CEMAC) belongs to the Central African Economic Area (African Civilisation).

The Bank of Central African States (BEAC) is an African international institution governed by the Convention establishing the Monetary Union of Central Africa (UMAC), the Monetary Cooperation Convention concluded between France and the six Member States of the UMAC: Republic of Cameroon, the Central African Republic, the Republic of the Congo, the Republic of Gabon, the Republic of Equatorial Guinea, and the Republic of Chad.

The Development Bank of Central African States (BDEAC) is the finance institution for the development of the Economic and Monetary Community of the Central African States (CEMAC): Cameroon, the Central African Republic, Congo, Gabon, Equatorial Guinea, and Chad.

The largest ports in the CEMAC region:

1. Port of Douala
2. Port of Pointe Noire
3. Port of Malabo
4. Port of Libreville

The main transit corridors of the CEMAC ZONE:

1. Trans-Sahelian Highway
2. Tripoli-Windhoek Corridor
3. Lagos-Mombasa

See also: Economic Community of Central African States

(c) EENI- Business School & Hispano-African University of International Business