Central African Economic and Monetary Community
| Central African Economic and Monetary Community CEMAC |
|
|---|---|
 States of the CEMAC |
|
| French name | Communauté Économique et Monétaire de l'Afrique Centrale |
| Organization type | Regional cooperation, monetary union |
| Seat of the organs |
Bangui , Central African Republic
|
| Chair | President of the Community Idriss Déby President of the Commission Daniel Ona Ondo 
|
| Member States | 6 : |
| Official and working languages | |
| surface | 3.02 million km² |
| population | 44.1 million |
| Population density | 14.6 inhabitants per km² |
| founding |
March 16, 1994 |
| Currencies | |
| cemac.int | |
The Central African Economic and Monetary Community ( French: Communauté Économique et Monétaire de l'Afrique Centrale , abbreviated to CEMAC ) is an amalgamation of six Central African countries that was agreed in 1994 by the Central African Customs and Economic Union (UDEAC) and came into force in 1999 . Their common currency is the CFA franc BEAC , their central bank is the Central African Central Bank (BEAC), headquartered in Yaoundé , Cameroon .
The monetary community borders on the West African Economic and Monetary Union (UEMOA). All member states of CEMAC are also members of the Central African Economic Community (CEEAC).
Member States
Members of the Central African Economic and Monetary Community are:
Organs and bodies
- Monetary Union in Central Africa
- The Economic Union in Central Africa
- The Conference of Heads of State or Government to Define Community Policy
- The Council of Ministers
- The Executive Secretariat based in Bangui (Central African Republic)
- The Central African Central Bank (BCEAO), based in Yaoundé (Cameroon), to define and implement monetary policy
- The Central African Development Bank (BDEAC), based in Brazzaville (Congo)
- The Community Court of Justice will be installed in N'Djamena (Chad)
- The Central Africa Financial Markets Committee (COSUMAF) based in Gabon
See also
Web links
- Official website (French)