Economic and Monetary Community of Central Africa

EENI- School of International Business

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

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

The objectives of the subject “The 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
The subject “The Economic and Monetary Community of Central Africa (CEMAC)” is studied...
  1. Professional Master's Program in African Business
  2. Doctorate in Business in Africa
  3. Course (e-learning): Central Africa

Languages of study English or French CEMAC Spanish CEMAC Portuguese CEMAC

Credits of the subject “The Economic and Monetary Community of Central Africa (CEMAC)”: 0.5 ECTS Credits

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

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Description of the Subject: The 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. 42 millions of people
  2. Area: 3 million square kilometres
  3. The 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. The 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 of the African Civilisation.

The Bank of the 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.

Bank of the Central African States

The Development Bank of the 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

Trans-Sahelian Highway (Dakar-N’Djamena Corridor)

Tripoli-Windhoek Corridor (Trans-African Highway)

See also: Economic Community of Central African States



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