Economic and Monetary Community of Central Africa

EENI- School of International Business

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

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

Contents available in French (optional contents):

  1. Reform of payment system in 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 CEMAC member countries
  9. Customs Procedures
  10. Models of statements
  11. Custom system: Sydonia.

Course

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)

We Trust in Africa

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

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

The main objective 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 CEMAC countries belong to 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 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 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 Central African States

The Development Bank of Central African States (BDEAC) is the finance institution for the development of Economic and Monetary Community of 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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